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4 weeks ago
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4 weeks ago
I am having the same issue, is there any resolution from turbo tax as this seems to be a software issue. I need help, I wont be able to submit my taxes without this fix. Thanks!!
4 weeks ago
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4 weeks ago
I rolled over my pretax 401k to my Roth IRA during 2025. When I received my 1099R, it shows the full amount in box 1 Gross Distribution, $0 in box 2 Taxable Amount, code G in box 7 Distribution Code...
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I rolled over my pretax 401k to my Roth IRA during 2025. When I received my 1099R, it shows the full amount in box 1 Gross Distribution, $0 in box 2 Taxable Amount, code G in box 7 Distribution Code, and nothing else. In the TurboTax interview, I clicked "Yes" on the page "Did you move the money to a Roth IRA?" Because the money was rolled over to a Roth IRA, the full amount should be taxable. However, TurboTax is treating it as nontaxable. I tried deleting and reloading the 1099R, but that didn't resolve the issue.
4 weeks ago
If the amount cancelled is less than the amount at which you must file for your income and circumstances, you don't have to file. See IRS 1040 Instructions for who must file.
4 weeks ago
Hi I tried to file my e file return using my debit card but when I clicked that option, TurboTax charged me the 190 dollars option for the professional expert and that not what I clicked my card was ...
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Hi I tried to file my e file return using my debit card but when I clicked that option, TurboTax charged me the 190 dollars option for the professional expert and that not what I clicked my card was charged how do I get a refund for it
4 weeks ago
"created more than 5 years ago and I'm > 59.5 in age, " In this situation, with only one Roth account, your total contributions don't matter. Enter any number greater than the current Roth IRA va...
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"created more than 5 years ago and I'm > 59.5 in age, " In this situation, with only one Roth account, your total contributions don't matter. Enter any number greater than the current Roth IRA value. In other words, tell TurboTax you Roth investment is losing money.
4 weeks ago
I have Turbotax premier desktop. Home Energy Credits under "Your 2025 Deductions and Credits" says "Available Soon". If I click on "Update" for Home Energy Credits, it takes me to a page that says ...
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I have Turbotax premier desktop. Home Energy Credits under "Your 2025 Deductions and Credits" says "Available Soon". If I click on "Update" for Home Energy Credits, it takes me to a page that says this section is unavailable and gives me the option to sign up for email alerts. I signed up for email alerts and promptly got an email saying Your tax forms are ready. The wait is over! The tax forms we needed to finish up your taxes are ready. Form 5695, Residential Energy Credits Open TurboTax on your computer, install the updates when prompted, an your forms will be automatically included. Having trouble? Make sure you're connected to the internet, then select Check for updates from the TurboTax menu. I did everything the Email told me to do, and Home Energy Credits still says it is "available soon". Is form 5695 implemented or isn't it? If it is implemented, how do I get it? If it isn't, when will it be implemented? Does anyone know?
4 weeks ago
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4 weeks ago
Thanks for your help. I think that I can reset the value if my husband passed in the time we were living there? And the depreciation claimed is no longer valid? To many factors here sorry
4 weeks ago
No do not enter it twice. Enter the one with the correct spelling.
4 weeks ago
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4 weeks ago
You will get the full 12,000 on 1040 line 13b. The Standard Deduction 34,700 is on line 12e.
4 weeks ago
The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO. You do not need to take any extra steps to enter it. (And…the new...
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The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO. You do not need to take any extra steps to enter it. (And…the new senior deduction has nothing to do with whether you are getting Social Security)
2025 STANDARD DEDUCTION AMOUNTS
SINGLE $15,750 (65 or older/legally blind + $2000)
MARRIED FILING SEPARATELY $15,750 (65 or older/legally blind +1600)
MARRIED FILING JOINTLY $31,500 (65 or older/legally blind + $1600)
HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)
For 2025 through 2028 there is an extra deduction amount of up to $6000 per individual 65 or older filing Single, MFJ, or HOH which is phased out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.
The $6,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. Turbo Tax automatically includes it.
IRS Schedule 1-A https://www.irs.gov/pub/irs-dft/f1040s1a--dft.pdf
4 weeks ago
According to google, my std deduction should be $46,700 instead of just 34,700 which is shown on turbo tax
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4 weeks ago
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