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a month ago
Click on My Info on the left side of the online program screen. If the dependent is not already listed, click on Add a dependent.
a month ago
The 1098-VLI is only an informational document. The numbers on it are not required to be entered onto your tax return.
However, it means you paid interest on an auto loan and that is deductibl...
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The 1098-VLI is only an informational document. The numbers on it are not required to be entered onto your tax return.
However, it means you paid interest on an auto loan and that is deductible as an itemized deduction. If you normally use the standard deduction, the VLI form is unlikely to help you and may require you to upgrade in TurboTax.
a month ago
If state tax was withheld on a 1099R it will be shown in box 14 of the 1099R.
a month ago
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To enter taxes paid to your state that does not appear on your Form 1099-R, you can treat it as an estimated payment:
In the Federal section, Go to Deductions & Credits on the left panel wit...
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To enter taxes paid to your state that does not appear on your Form 1099-R, you can treat it as an estimated payment:
In the Federal section, Go to Deductions & Credits on the left panel within your TurboTax Account
Select +Add deductions and scroll down to Estimates and Other Taxes Paid, then click the down arrow
Select Add to the right of Estimated Tax Payments, then Start
Select State estimated taxes for 2025, by clicking Start
Select Yes to the, "Did you pay state estimated taxes for 2025?"
Enter your payment amount in the corresponding quarter box, then Continue
This payment entry will transfer over to your State Return.
a month ago
@MarilynG1- I have entered the info for my new A/C. I did not have a "Home energy audits by a certified home energy auditor," so I entered zero for that line and did not get the A/C credit. ...
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@MarilynG1- I have entered the info for my new A/C. I did not have a "Home energy audits by a certified home energy auditor," so I entered zero for that line and did not get the A/C credit. Entering $1 works. Instructions for Form 5695, "Residential Energy Credits," state: Line 26a. To qualify for the credit, a home energy audit must have included an inspection of your main home located in the United States and a written report prepared by a Qualified Home Energy Auditor or under the supervision of a Qualified Home Energy Auditor. If you check the “No” box, you can't claim the home energy audit credit. [emphasis added]" Furthermore, Form 5695 asks for A/C information before it asks about energy audits. This seems to be a TurboTax bug, not an IRS requirement for the credit. Thanks.
a month ago
this explanation was found on Check This Entry
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a month ago
Yes, the Premium online edition can be used for this type of sale.
To enter an investment sale -
Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal...
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Yes, the Premium online edition can be used for this type of sale.
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 (1099-B, 1099-DA), click the start or update button
Using the online editions -
On the screen Did you have investment income in 2025? click on Yes
On the screen Save time and connect your financial accounts click on Enter a different way
On the screen How do you want to add your docs?, select Type it in myself
On the screen OK, let's start with one investment type, select Other and continue
a month ago
If your TurboTax Desktop data does not seem to be saving, you may have experienced a browser issue or interrupted internet connection. To fix this, try: Logging out and back in to force a refresh....
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If your TurboTax Desktop data does not seem to be saving, you may have experienced a browser issue or interrupted internet connection. To fix this, try: Logging out and back in to force a refresh. Clearing your browser's cache and cookies. Click here for How to clear your cache. Click here for How do I delete cookies? Try using a different browser Make sure your internet connection is strong TurboTax Desktop saves your data is to the local hard drive every five minutes, though manual saving is recommended after significant entries. Click here for How do I back up my tax file in the TurboTax Desktop software? Please return to Community if you have any additional information or questions and we would be happy to help.
a month ago
You can claim your grandson, but you will not get child tax credit for a child older than 16. You can get the non-refundable $500 credit for other dependents for him and HOH filing status.
To ...
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You can claim your grandson, but you will not get child tax credit for a child older than 16. You can get the non-refundable $500 credit for other dependents for him and HOH filing status.
To claim a grandchild as your dependent
When you enter the child’s name in My Info, you will be asked “What’s your relationship to [child’s name]?”
Choose “another person”
a drop down menu will appear that lets you choose grandchild
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.
a month ago
You do need to correct the form 1116 with the box 1a dividends times the correct percentage. Follow these steps:
Open your return to federal income section
Locate the 1099-DIV that needs to b...
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You do need to correct the form 1116 with the box 1a dividends times the correct percentage. Follow these steps:
Open your return to federal income section
Locate the 1099-DIV that needs to be corrected.
Edit the form
Continue through the entries reviewing your answers until you see the more uncommon questions, like wash sale or sec 199a dividends
Tell us a little more about your foreign dividends or similar foreign phrasing (depending on the program), this should allow you to enter the correct amount of income.
Switch over to deductions and credits
Scroll down to Estimates and Other Taxes Paid
Locate Foreign tax paid
Review it, making sure the entries are correct.
a month ago
Using Deluxe desktop version on my Mac. Form 8911-A is filled out for my EV charging station, but there is no Form 8911. So the credit showing on 8911-A doesn't have a Form 8911 to transfer the credi...
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Using Deluxe desktop version on my Mac. Form 8911-A is filled out for my EV charging station, but there is no Form 8911. So the credit showing on 8911-A doesn't have a Form 8911 to transfer the credit into, and hence no credit showing on the 1040. I know the form was delayed, but it is supposed to be available now. Is that a Mac vs Windows thing or some other problem?
a month ago
Please follow the instructions in this TurboTax Help article.
a month ago
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a month ago
Thank you for the info! However, the problem is slightly different: each one of my 1099s if imported in isolation works just fine and nothing gets flagged with the foreign tax credit. The issue appea...
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Thank you for the info! However, the problem is slightly different: each one of my 1099s if imported in isolation works just fine and nothing gets flagged with the foreign tax credit. The issue appears ONLY when importing both 1099s (the order does not matter) - in this case it seems Turbotax is confused and assigns the foreign income on the second 1099 only to some fictitious 1099 that it believes has $0.0 in dividends. That is what the error on the foreign income seems to imply: "should not be larger than the dividends and capital gains reported on this Form 1099-DIV ($0.00)""
a month ago
The instructions on page 10 in the Idaho Instructions for 2025 Form 40, show that the base amount of standard deduction for Married Filing Jointly is $30,000 and it looks like you qualify for 2 exemp...
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The instructions on page 10 in the Idaho Instructions for 2025 Form 40, show that the base amount of standard deduction for Married Filing Jointly is $30,000 and it looks like you qualify for 2 exemptions of $1600 each for being either blind or age 65 or older. The Federal Standard Deduction for Married Filing Joint for a couple aged 65 or older would be $34,700, which for the same scenario in Idaho would $33,200 ($30,000+2x$1600).
You can check this information at this link - Idaho Tax instructions. Click on the 2025 Instructions for Form 40 and go to the bottom of page 10 for the Standard Deduction worksheet.
a month ago
What day will taxes be in my acct
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a month ago
Your estimated tax payments made on form 1040-ES will serve as a credit against your Federal tax liability and have to be entered on your tax return.
In TurboTax Online, you can enter estimated...
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Your estimated tax payments made on form 1040-ES will serve as a credit against your Federal tax liability and have to be entered on your tax return.
In TurboTax Online, you can enter estimated taxes you paid by following these steps:
Open your tax return
Click on Federal in the left-hand column, then Deductions & Credits
Navigate to the list of Deductions and Credits
Locate the section named Estimates and Other Taxes Paid and click on the arrow on the right
Click on Start next to Estimated Tax Payments
On the next page, click Start next to Federal estimated taxes for 2025 (form 1040ES)
a month ago
TurboTax 2025 Home & Business, 1099OID download from Computershare, requests that I enter a Control Number and suggests that this number is in a shaded box at the top right of the 1099OID. There is ...
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TurboTax 2025 Home & Business, 1099OID download from Computershare, requests that I enter a Control Number and suggests that this number is in a shaded box at the top right of the 1099OID. There is no control number, no shading and in fact, Computershare says the 1099OID does not have a control number. Is there a solution?
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