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4 weeks ago
I believe you meant that you received a W-2 in the mail, not a W-4
The Form 1040-X for amending a 2025 tax return is estimated to be finalized and available in TurboTax on 02/19/2026
Befo...
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I believe you meant that you received a W-2 in the mail, not a W-4
The Form 1040-X for amending a 2025 tax return is estimated to be finalized and available in TurboTax on 02/19/2026
Before starting to amend the tax return, wait for the tax refund to be received or the taxes due to be paid and processed by the IRS.
See this TurboTax support FAQ for amending a current year tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-federal-tax-return-current-year/L7eS6o1qh_US_en_US?uid=lfunevhk
4 weeks ago
Thanks I think i got it now.... I found this and it finally makes sense - "If your property tax credit exceeds the income tax you owe, you may not receive a refund for that amount, and you may not...
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Thanks I think i got it now.... I found this and it finally makes sense - "If your property tax credit exceeds the income tax you owe, you may not receive a refund for that amount, and you may not carry unused credit to other years. Your property tax credit may only reduce the income tax you owe to zero."
4 weeks ago
If you withdraw money from your IRA why would the program ask you the value of your IRA?
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4 weeks ago
Thank you Doug! I followed your steps and the form imported.
4 weeks ago
There is no duplicate penalty. Whatever amount was withheld from the distribution for federal taxes and shown in box 4 of your Form 1099-R is credited on line 25b of Form 1040.
4 weeks ago
The State And Local Tax deduction is reduced if your modified adjusted gross income (MAGI) is greater than $500,000 ($250,000 for married filing separately). The cap for 2025 was raised to $40,000 i...
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The State And Local Tax deduction is reduced if your modified adjusted gross income (MAGI) is greater than $500,000 ($250,000 for married filing separately). The cap for 2025 was raised to $40,000 in the One Big Beautiful Bill and is working as it should in TurboTax. If the total of your state and local taxes is under the limit and other itemized deductions are minimal, it is likely that the standard deduction will be more beneficial to you than itemizing.
{Edited 2/18/26}
@engineblockeggs
4 weeks ago
Please come back here and post specific error messages that you are seeing and we will try to help.
4 weeks ago
Have I already paid ? [email address removed], [phone number removed]
4 weeks ago
A little research shows that Wayne's Chem Dry is a carpet cleaning business in Abilene, Texas, but we in the Community cannot see your private tax information.
So please tell us what question a...
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A little research shows that Wayne's Chem Dry is a carpet cleaning business in Abilene, Texas, but we in the Community cannot see your private tax information.
So please tell us what question are you hung up on? And where is this happening, in the Review?
Please, since we can't see your return, we need more context for your question.
4 weeks ago
The program will pickup the Ohio tax withheld from the W-2 you entered in the Federal Section.
4 weeks ago
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4 weeks ago
Completely agree! Totally unacceptable. I took have a business and spent hours filing. They better get their act together. Let me know if you find a solution
4 weeks ago
Have I already paid for Turbotax 2025 ?
4 weeks ago
I don't really see how to do this. I am using the online version of TurboTax. When I indicate I am a non-resident, it doesn't even give me an option to enter the amount I was taxed.
4 weeks ago
@user17698102573
To enter an investment sale -
Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choos...
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@user17698102573
To enter an investment sale -
Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Under Investment Income On Stocks, Cryptocurrency, Mutual Funds, Bonds, Other, click the start or update button
4 weeks ago
1099B has been available for a few weeks. If you're on desktop make sure you have the latest s/w updates. What issue are you having?
4 weeks ago
My financial advisor made a mistake and did not distribute the minimum RMD by December 31, 2025. There was a 10% shortfall. This was corrected on January 27th and a form 5329 has already been sent to...
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My financial advisor made a mistake and did not distribute the minimum RMD by December 31, 2025. There was a 10% shortfall. This was corrected on January 27th and a form 5329 has already been sent to the IRS with a letter requesting the waiver. Since this was already addressed and the IRS notified separate from Turbotax, do I answer the question about RMD distribution in Turbotax as if the full minimum distribution was satisfied? If I answer otherwise, it would be duplicating the already submitted form.
4 weeks ago
@tdsmithtn
If you are age 65 or older and meet the requirement, the additional deduction is automatically added on your federal tax return.
Standard deductions for 2025
Single - $15.750 ad...
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@tdsmithtn
If you are age 65 or older and meet the requirement, the additional deduction is automatically added on your federal tax return.
Standard deductions for 2025
Single - $15.750 add $2,000 if age 65 or older Married Filing Separately - $15,750 add $1,600 if age 65 or older Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older Head of Household - $23,625 add $2,000 if age 65 or older
New Bonus Standard Deduction (OBBB): An additional $6,000 deduction for taxpayers 65 and older. This is per eligible individual, meaning a married couple both over 65 could get $12,000. Important: This bonus deduction is temporary, lasting from 2025 through 2028. Income limitations: It phases out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.
The amount is calculated on Schedule 1-A, Part V, with that amount flowing to Form 1040 Line 13b
Look at your Form 1040 -
You can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.
4 weeks ago
Need form 8283
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