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February 23, 2026
5:42 PM
Sorry---no. The new car loan interest deduction is for new cars--not used cars.
February 23, 2026
5:42 PM
they are not marked "not valid for employment."
February 23, 2026
5:39 PM
Can I claim the deduction for car loan interest on a used car purchase
Topics:
February 23, 2026
5:38 PM
I also installed 2 new Velux skylights in 2025. Model FCM 2246 with solar room darking shades. It states it is energy efficient and should qualify for tax deductions but Velux doesn't provide a QMID...
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I also installed 2 new Velux skylights in 2025. Model FCM 2246 with solar room darking shades. It states it is energy efficient and should qualify for tax deductions but Velux doesn't provide a QMID number. Does this mean I can't deduct their cost and installation? Debbie
February 23, 2026
5:38 PM
No. TurboTax desktop does not support Windows 10; it's Windows 11 only. You can use any operating system with online versions of TurboTax, however.
February 23, 2026
5:38 PM
Sorry NO . You need Windows 11. Unless you are filing a Business return (but not Home & Business) or Estate/Trust return. Those can still use WIndows 10.
February 23, 2026
5:38 PM
Options:
If you inherited money, great, enjoy. It does not go on your tax return.
If you inherited the house, it goes on your tax return and the value on date of death is usually used for the...
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Options:
If you inherited money, great, enjoy. It does not go on your tax return.
If you inherited the house, it goes on your tax return and the value on date of death is usually used for the basis.
If your mom gave you the house in 2009 - was it a life estate?
yes - step up basis to date of death value
no - it was a gift and she retained interest by living there - you would still get FMV on date of death.
usually a gift means the donors basis is used but only if you have control of the property. Since she stayed there, the picture changes.
February 23, 2026
5:38 PM
Thanks for the acknowledgment. I did mention that in my response above, but let me say what happens otherwise: Anyone who did not fix and resubmit a rejected tax form should take care of that year'...
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Thanks for the acknowledgment. I did mention that in my response above, but let me say what happens otherwise: Anyone who did not fix and resubmit a rejected tax form should take care of that year's form (2024 in this case) before attempting to submit this year (2025).
February 23, 2026
5:38 PM
Sorry--no. Windows 10 cannot be used with the desktop download for 2025. It does not meet the system requirements. You need Windows 11 or a Mac that meets the system requirements. If you hav...
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Sorry--no. Windows 10 cannot be used with the desktop download for 2025. It does not meet the system requirements. You need Windows 11 or a Mac that meets the system requirements. If you have Windows 10 and cannot upgrade, you can still use online TurboTax instead.
February 23, 2026
5:35 PM
When you are finished with your Resident New York state tax return, you can print a copy of all your required forms to be mailed (including assembly instructions and pertinent mailing address of wher...
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When you are finished with your Resident New York state tax return, you can print a copy of all your required forms to be mailed (including assembly instructions and pertinent mailing address of where to send your return).
Assemble your return in the following order:
Attach Form IT-201-V (Only if you owe money): This is the payment voucher. If you are getting a refund, skip this.
Attach Form IT-201: Resident Income Tax Return (4 pages).
Attach Form IT-2: New York requires this form instead of your actual W-2s; you must transcribe the info from your W-2s onto this form. Do not send a copy(ies) of your W-2s; simply keep them for your own records.
Attach any other "IT" schedules: Like IT-225 (modifications) or IT-214 (renter's credit) if the program generated them.
If you are getting a refund (or owe $) mail your return to:
STATE PROCESSING CENTER PO BOX 61000 ALBANY NY 12261-0001
If you owe a balance mail your return to (enclosing a check/money order):
STATE PROCESSING CENTER PO BOX 15555 ALBANY NY 12212-5555
New York State - 2025 Instructions for Form IT-201 Full-Year Resident Income Tax Return (pg. 2)
February 23, 2026
5:35 PM
Topics:
February 23, 2026
5:35 PM
E-filing fee in desktop software
Did you purchase desktop software with state software included? They sell Deluxe both with and without state software--so you have to be careful which one you choo...
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E-filing fee in desktop software
Did you purchase desktop software with state software included? They sell Deluxe both with and without state software--so you have to be careful which one you choose. And even if it does have the state software download included, that is for preparing the state. There is an extra $25 fee to e-file the state. You can avoid the state e-file fee if you print and mail the state instead of e-filing it.
February 23, 2026
5:34 PM
Well, thanks, but this didn't work either. So, I tried removing all my expenses, all references to SOLD, logging out, clearing cache again but now, even when I tell i I SOLD, it doesn't even come up...
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Well, thanks, but this didn't work either. So, I tried removing all my expenses, all references to SOLD, logging out, clearing cache again but now, even when I tell i I SOLD, it doesn't even come up with a link for depreciated assets, or whether I have carryover for 179. I'm done. I give up. I"m going to TAX ACT or H&R BLOCK. This is ridiculous.
February 23, 2026
5:34 PM
You're right. It's not self-employment. Saying it didn't involve work like his main job, and didn't involve an intent to earn money sounds right. That will report it as other income on Schedule 1 lin...
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You're right. It's not self-employment. Saying it didn't involve work like his main job, and didn't involve an intent to earn money sounds right. That will report it as other income on Schedule 1 line 8z. I think that's the right way to report it.
February 23, 2026
5:34 PM
You won't be able to file an amendment until your tax return is fully processed and you receive your refund or your balance due is deducted from your account. In addition, the 1040X used to amend yo...
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You won't be able to file an amendment until your tax return is fully processed and you receive your refund or your balance due is deducted from your account. In addition, the 1040X used to amend your tax return isn’t available yet but should be ready by the end this week. You can check when the 1040X form will be available by reviewing the TurboTax article When will my individual tax forms be available in TurboTax?
Refer to the TurboTax articles: Amending Your Income Tax Return and How to Correct Federal Tax Returns for information on amending your tax return.
You can check the status of your amended tax return at Where’s My Amended Return? once it's filed.
February 23, 2026
5:33 PM
@stvgld2 A rejected tax return did not ever make it to the IRS. When a return is rejected, you have to fix it and re-file via e-file, or print and file it by mail. If the OP did not do either of...
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@stvgld2 A rejected tax return did not ever make it to the IRS. When a return is rejected, you have to fix it and re-file via e-file, or print and file it by mail. If the OP did not do either of those, going to the IRS would not help. The IRS does not have the return.
And...the way to get a return from the IRS---IF you filed
You can get a free transcript from the IRS or for a fee of $30, an actual copy of your tax return.
https://www.irs.gov/individuals/get-transcript
February 23, 2026
5:33 PM
Premier includes state efile charge. Why are you asking me to pay $25 for state efile? This seems like an issue for CFPB? Are you trying to rip me off?
February 23, 2026
5:32 PM
@user17717088430 , I referred to section 408(d)(3)(E) which prohibits rollovers of RMDs, not 408A(d)(3)(E).
February 23, 2026
5:31 PM
Box 16 of your 1099-R will show the distribution amount for the state, if any. Here are some links that may be helpful for you when reporting the distributions from your inherited IRA:
Is a...
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Box 16 of your 1099-R will show the distribution amount for the state, if any. Here are some links that may be helpful for you when reporting the distributions from your inherited IRA:
Is an inherited IRA or retirement plan taxable?
Where do I enter my 1099-R?
What are required minimum distributions (RMD)?
What's Form 1099-R?
February 23, 2026
5:31 PM
This is a bug that has not been fixed as of Feb. 23 The bug is with the January 2024 HDHP coverage selection. If you select that you had HDHP coverage in January 2024, TurboTax software does the op...
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This is a bug that has not been fixed as of Feb. 23 The bug is with the January 2024 HDHP coverage selection. If you select that you had HDHP coverage in January 2024, TurboTax software does the opposite and thinks that you did not have coverage and applies the extra income penalty. If you select "none" in January 2024 it thinks you did have coverage and does not apply the income penalty. I will not pay $99 and have to lie to the software to get it to calculate my taxes correctly. I'm switching to another company after this.