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a month ago
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a month ago
It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 1...
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It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b with any other sch 1-A amounts. Turbo Tax automatically includes it if you qualify. If you are married you have to file a Joint return.
For Online version You can preview the 1040 or print the whole return https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160 What do you have on 1040 line 13b? See the 1040……. ,
a month ago
If the nature of the error is a middle initial or date of birth, that information flowed from My Info down the left side of the screen.
Click on My Info to correct the information. Then start ...
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If the nature of the error is a middle initial or date of birth, that information flowed from My Info down the left side of the screen.
Click on My Info to correct the information. Then start again with the File command.
a month ago
Turbotax didn't ask me to set them up like other years
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a month ago
STOP.
You cannot change or add anything on the return that you just e-filed, nor can you stop it. It is too late, just like when you put an envelope in a US mailbox on the corner. The IRS does no...
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STOP.
You cannot change or add anything on the return that you just e-filed, nor can you stop it. It is too late, just like when you put an envelope in a US mailbox on the corner. The IRS does not allow you to take it back.
If you left out a W-2, a 1099G, or a dependent, or a 1099 etc…DO NOT change your return while it is “pending.” The changes will go nowhere.
Now you have to wait until the IRS either rejects or accepts your return. If your return is rejected, you will be able to go into your account and make the necessary changes to your tax return and re-submit your return.
If the IRS accepts your return, however, then you have to wait longer until it has been fully processed and you have received your refund. THEN you can prepare an amended tax return and e-file or mail it in. You have to be able to work from that return exactly the way it was when it was e-filed originally. You will need to use a form called a 1040X.
Meanwhile, DO NOT go in and start changing anything on your return in the system, or you will make a mess for yourself. Sit tight and wait until you see what the IRS does with the return you just e-filed
The Form 1040X is scheduled to be available on February 19. The date is subject to change, so check on 2-19 to see if it is ready. Before that, do not change anything at all on your return.
a month ago
1 Cheer
You can deduct the ''half'' portion reported on your w-2. Some states have higher standards for reporting overtime, but only the federal rules apply. Under the new federal "No Tax on Overtim...
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You can deduct the ''half'' portion reported on your w-2. Some states have higher standards for reporting overtime, but only the federal rules apply. Under the new federal "No Tax on Overtime" law (2025–2028), you can only deduct the overtime premium (the "half" in "time-and-a-half") for hours worked over 40 in a workweek that are specifically required by the federal Fair Labor Standards Act (FLSA), up to $12,500 annually ($25,000 for married filing jointly). Only FLSA-Required Overtime Qualifies: If your state requires overtime pay after 8 hours in a day (or the 7th consecutive day), but you have not exceeded 40 hours for the week, that daily overtime is not eligible for the federal deduction. Voluntary/State-Specific OT: Overtime paid in more circumstances than required by the FLSA (e.g., in California or via union contracts) does not qualify for this specific federal tax deduction. The "Premium" Portion: The deduction applies to the extra 0.5x rate (the "half") of the time-and-a-half pay, not the total pay.
a month ago
I need help putting this w2 on my taxes to
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a month ago
No. You only enter the 1099R you have. Enter the gross amount on each 1099R as the RMD for that 1099R.
a month ago
Also, before you amend make sure that your original return has been fully processed by the IRS, this means that you have received your refund or that you have already paid if you had a balance. Make...
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Also, before you amend make sure that your original return has been fully processed by the IRS, this means that you have received your refund or that you have already paid if you had a balance. Make sure that you do have to amend a return, calculation issues are usually resolved by the IRS. Some of the most common situations where you would need to amend are if you missed a credit, need to add/remove a dependent, change your filing status, or add additional income.
To amend your return:
Log in to your TurboTax account
Go to Tax Home
On the FAQ's on the right side, select How do I amend my return?
The option of Amend Using TurboTax will show, select it.
The program will guide you as you make the changes necessary, you do not need to enter anything other than what you are changing.
How to File an Amended Tax Return with the IRS
@powellkaleb436
a month ago
Thank-you. Very helpful advice, and a very clear explanation. Thank-you also for mentioning FBAR and Foreign Financial Assets & Account reporting,.....I was aware of FBAR reporting....and If I am...
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Thank-you. Very helpful advice, and a very clear explanation. Thank-you also for mentioning FBAR and Foreign Financial Assets & Account reporting,.....I was aware of FBAR reporting....and If I am correct, I believe RRSP, RRIF's, Pensions etc, would be considered Foreign Financial Accounts (not Foreign Assets) from IRS reporting perspective? Thank you so much for your help!
a month ago
how do i make a correct to form 4547 on my return?
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a month ago
“My return was pushed into Deluxe because of imported forms I didn’t need. I deleted the forms, but TurboTax still wants to charge me. I should qualify for Free Edition. Please issue a service code to...
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“My return was pushed into Deluxe because of imported forms I didn’t need. I deleted the forms, but TurboTax still wants to charge me. I should qualify for Free Edition. Please issue a service code to correct the billing.”
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a month ago
The Form 1040X is scheduled to be available on February 19. The date is subject to change, so check on 2-19 to see if it is ready. Before that, do not change anything at all on your return.
a month ago
Topics:
a month ago
I’m having the same problem, it charged my card immediately after I put it in for the deluxe since I have child tax credit and I ended up not filing with turbo tax and I went to costumer support and ...
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I’m having the same problem, it charged my card immediately after I put it in for the deluxe since I have child tax credit and I ended up not filing with turbo tax and I went to costumer support and they won’t give me my money back
a month ago
@MaryK4 thanks for the reply, do we include all 3 in her estate tax return? 1. 1099 DIV $1,100 from her brokerage account, was closed in 2025 2. 1099 G $1,900 CA state income tax refund 3....
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@MaryK4 thanks for the reply, do we include all 3 in her estate tax return? 1. 1099 DIV $1,100 from her brokerage account, was closed in 2025 2. 1099 G $1,900 CA state income tax refund 3. 1099 INT $113 from IRS for taxable overpayment interest
a month ago
The 1040X has not been released yet, so the numbers won't be accurate until that form is finalized. The 1040X is usually available at the end of Feb or beginning of March.
a month ago
Yes there are some physical TurboTax to find one near you see this link. If there is not a location near you you can always request more help with your return:
TurboTax Live, where you can ...
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Yes there are some physical TurboTax to find one near you see this link. If there is not a location near you you can always request more help with your return:
TurboTax Live, where you can get help from live tax experts, they can even review your return once you are done.
Live Expert Assist, where an expert helps you do your taxes
Live Expert Full Service, where an expert does your taxes for you. See the links below for more information:
Compare TurboTax Online Products
How do I get TurboTax Live?
a month ago
Thanks. Yes, I do understand where I can find that info, but the other question still remains: Even with that info in hand, do I tell TT that I have a 1099R when I really don't, in order that I can...
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Thanks. Yes, I do understand where I can find that info, but the other question still remains: Even with that info in hand, do I tell TT that I have a 1099R when I really don't, in order that I can use the methodology suggested (list every individual IRA's 1099R with the expected, calculated amount as a full RMD withdrawal, so that it all works out to the same total actually withdrawn)? In order to do that, I'm essentially claiming I have a non-existent 1099R when I really don't, just to get that amount into the TT data. Does that put up a red flag?