All Posts
4 weeks ago
The state program was downloaded and after answering a question or two it stated that filing the NH return is not required and that NH does not support e-filing for a business form (I think it was th...
See more...
The state program was downloaded and after answering a question or two it stated that filing the NH return is not required and that NH does not support e-filing for a business form (I think it was the TB form or something like that). NH does not have any income taxes other than business and certain interest/dividends which does not apply in my situation. In any case, I was attempting to file the federal return only and was not filing a NH return.
4 weeks ago
I just disa s s k
1225.00 a month
Could you please clarify this? We do not know what you are trying to ask about.
4 weeks ago
The OBBBA has introduced a new deduction for car loan interest paid for new cars you bought for personal use between 2025 and 2028.
The deduction is up to $10,000 if your income is under $100,0...
See more...
The OBBBA has introduced a new deduction for car loan interest paid for new cars you bought for personal use between 2025 and 2028.
The deduction is up to $10,000 if your income is under $100,000 (or $200,000 if MFJ). The deduction is gradually phased for higher incomes.
For the requirements of this deduction, please read this TurboTax Help article.
In TurboTax Online, you can enter your car loan deduction by following these steps:
Open your tax return
Click on Federal in the left-hand column, then on Deductions & Credits
Navigate to the list of Deductions and Credits
Click on Other Deductible expenses
Locate the section Cars and Other Things You Own and click on the arrow on the right
Click Start next to Car Loan Interest
Follow the TurboTax questionnaire to enter your car loan interest
The deduction will transfer to Schedule 1-A of your form 1040, which is then transferred together with other deductions such as the additional senior deduction, to line 13b of your form 1040.
4 weeks ago
Make sure you have entered your child as a dependent in My Info, and that you have entered the child's Social Security number. Careful— do not say that your child’s SSN is not valid for employment...
See more...
Make sure you have entered your child as a dependent in My Info, and that you have entered the child's Social Security number. Careful— do not say that your child’s SSN is not valid for employment. If your child was born in 2025 make sure you said he lived with you the whole year. There is an oddly worded question that asks if the child paid over half their own support. Say NO to that question.
If your dependent was a full-time college student, make sure you were careful on the MY INFO screen for “Uncommon situations” and that you indicated there that they were a student.
Have you entered income from working in 2025? If not, you will not receive an income tax refund based on having dependent children.
The maximum amount of the child tax credit is now $2200 per child; the refundable “additional child tax credit” amount is $1700. In order to get that credit, you have to have income from working.
Take the amount you earned from working. Subtract $2500. Multiply the rest by 15%. That is the additional child tax credit per child that you canget—- up to the maximum of $1700 per child. If the amount you earned from working was low, you will not get the full $1700 per child.
If your child is older than 16 at the end of 2025, you do not get the CTC. But you may still get the non-refundable $500 credit for other dependents instead.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/child-tax-credit/L2lNhfGDl_US_en_US?uid=m68dfq2u
https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/additional-child-tax-credit/L6xFeMFEf_US_en_US?uid=lqnuygah
https://www.irs.gov/help/ita/does-my-childdependent-qualify-for-the-child-tax-credit-or-the-credit-for-other-dependents
And for the Earned Income Credit—-
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/qualifications-earned-income-credit-eic-eitc/L7w4BFP32_US_en_US?uid=m62rmz09
https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant
https://www.irs.gov/pub/irs-pdf/p596.pdf
Look at your 2025 Form 1040 to see the child-related credits you received
PREVIEW 1040
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr
Child Tax Credit line 19
Credit for Other Dependents line 19
Earned Income Credit line 27
Additional Child Tax Credit line 28
4 weeks ago
I did not receive a Form 1095 and did not have health insurance. I fixed the error and tried to resubmit and it will not go through. What can I do?
4 weeks ago
Mine was fixed! However the fees still show again . But I’m glad my refund amount is correct
4 weeks ago
They are asking for her AGI. If you filed a joint return for 2024, then the AGI on line 11 of your 2024 Form 1040 is the same for each of you.
4 weeks ago
Yes, pro-rated property taxes paid at closing are reported as part of your State and Local Taxes under Itemized Deductions for Schedule A.
For more help: Where do I enter my real estate (proper...
See more...
Yes, pro-rated property taxes paid at closing are reported as part of your State and Local Taxes under Itemized Deductions for Schedule A.
For more help: Where do I enter my real estate (property) taxes in TurboTax?
4 weeks ago
@jeremynangela Sign onto your TurboTax account - https://myturbotax.intuit.com/
Click on Intuit Account at the bottom left of the online program screen
Click on Products and billing
On Your Pro...
See more...
@jeremynangela Sign onto your TurboTax account - https://myturbotax.intuit.com/
Click on Intuit Account at the bottom left of the online program screen
Click on Products and billing
On Your Products, Click on TurboTax
The TurboTax 2023 desktop edition you purchased should be shown. Click on Licenses and downloads
4 weeks ago
That depends! You may require a version of TurboTax that is higher than the Free version depending on the complexity, and the forms required to complete the return.
In TurboTax you can downgr...
See more...
That depends! You may require a version of TurboTax that is higher than the Free version depending on the complexity, and the forms required to complete the return.
In TurboTax you can downgrade to free, but if the return requires it, you will have to upgrade.
Log into TurboTax.
Click My Home (Top left)
Select Personal Info and Continue
This will bring up a full menu on the Left side..
On that left menu,
Scroll down to Switch Products
Click the down arrow
You can
Upgrade
Downgrade or
Clear and start over.
Select what you want to do.
4 weeks ago
No, you do not amend for that. If you used the wrong AGI the e-file will be rejected, and then you can fix it and re-file.
4 weeks ago
I have two estate 1099R's that have to be filed, what software do I need to do that.
Topics:
4 weeks ago
Yes. In order to contribute to a Health Savings Account (HSA), you must be covered by a High-Deductible Health Plan (HDHP).
The question in TurboTax is asking what type health insurance covera...
See more...
Yes. In order to contribute to a Health Savings Account (HSA), you must be covered by a High-Deductible Health Plan (HDHP).
The question in TurboTax is asking what type health insurance coverage you had with your employer-sponsored plan. Based on the information in your question, you would answer that as Family coverage.
See this TurboTax article for more information on HSAs.
4 weeks ago
Yes.
You will receive a form 1099-R for a withdrawal from your deferred compensation account. This amount is taxable and you have to enter the form 1099-R in your tax return.
4 weeks ago
Here's a post on the five main points on the 1098-T:
https://ttlc.intuit.com/community/college-education/discussion/re-what-do-i-do-with-form-1098t/01/3760212#M63114
4 weeks ago
The team has identified that you are getting that message because a state form is required and was not included in your return and they are still looking into it. You can try to file the federal ...
See more...
The team has identified that you are getting that message because a state form is required and was not included in your return and they are still looking into it. You can try to file the federal only for now and file your state later.
@neilfj @danimee6 @sfowler
4 weeks ago
You do not "need" that---it is an option that you do not have to choose. You can pay your fees upfront using a credit or debit card to avoid extra "refund processing" fees, too.
4 weeks ago
You would report this as interest earned.
Go to: Federal > Wages & Income.
Locate: Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto).
Action: Click Start or Add/Edit...
See more...
You would report this as interest earned.
Go to: Federal > Wages & Income.
Locate: Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto).
Action: Click Start or Add/Edit.
Click Add investments then select Interest from the options. When asked how to upload, choose "Type it in myself."
Received from: Enter the name of the foreign bank.
Payer's ID (EIN): Leave this blank. The software may flag it as "Needs Review" later, but the IRS allows e-filing for foreign interest without an EIN.
Box 1 (Taxable Interest): Enter the U.S. dollar equivalent of the interest you earned.
If your interest is over $1,500, TurboTax will automatically generate Schedule B. This is where you must disclose the foreign nature of the account.
Part III (Foreign Accounts): After entering your interest, TurboTax will ask if you have a financial interest in a foreign country. You must answer YES.
Country Code: You will be prompted to select the country where the account is held.
Failure to answer these questions correctly can trigger significant penalties, even if the tax amount is small.
4 weeks ago
Yes, you can delete a duplicate health insurance that appears on your tax return. Follow the steps to delete a form listed in our help article, How do I view and delete forms in TurboTax Online?
...
See more...
Yes, you can delete a duplicate health insurance that appears on your tax return. Follow the steps to delete a form listed in our help article, How do I view and delete forms in TurboTax Online?
4 weeks ago
It looks like you are posting from online software. If you are using online, you only get one return per fee. Each return needs its own account and user ID.
It is only with desktop download ...
See more...
It looks like you are posting from online software. If you are using online, you only get one return per fee. Each return needs its own account and user ID.
It is only with desktop download that you get five federal e-files for the purchase fee.
When you use online TurboTax software you get one return per fee.
Each return needs its own account and user ID. If you use the same account and user ID for a second return, the second one overwrites the first return and it is lost forever.
https://ttlc.intuit.com/community/using-turbotax/help/how-do-i-start-another-return-in-turbotax-online/00/25596
https://turbotax.intuit.com/personal-taxes/online/file-your-own-taxes/