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4 weeks ago
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4 weeks ago
TurboTax discontinued ItsDeductible after October 2025.
4 weeks ago
You will need to know how much depreciation has been deducted in previous years. This information would be found on the Depreciation and Amortization Report Form 4562 from the previous year's income...
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You will need to know how much depreciation has been deducted in previous years. This information would be found on the Depreciation and Amortization Report Form 4562 from the previous year's income tax return.
Was the vehicle used for business purposes related to a self-employment activity? If so, the vehicle would be reported as an asset within the self-employment activity. The sale of the vehicle can be reported within the self-employment activity. Within the screens, you will be asked questions about the depreciation taken and depreciation computation methods.
If so, in TurboTax Premium Online, follow these directions for the sale/disposal of the asset.
Down the left side of the screen, click on Federal.
Down the left side of the screen, click on Wages & Income.
Click to the right of Self-employment.
Click to the right of Self-employment income and expenses.
At the screen Your self-employed work summary, click the pencil to the right of the self-employment activity.
At the screen Here's your info, scroll down to Vehicle, click the pencil to the right.
At the screen Vehicle Summary, click the pencil to the right.
At the screen Here's what we have. Is this still correct? select I stopped using this vehicle in 2025.
Enter the date sold. Continue.
Continue through the screens about the disposal of the asset.
The sale will be reported on IRS form 4797 Sales of Business Property Part I.
4 weeks ago
can i deduct moving expenses when i left the military
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4 weeks ago
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4 weeks ago
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The expected update for Form 4562 is February 11. You can use this link to sign up for email notifications. We will send you an email alert when the depreciation/amortization is ready to file.
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The expected update for Form 4562 is February 11. You can use this link to sign up for email notifications. We will send you an email alert when the depreciation/amortization is ready to file.
Sign up for email notifications
4 weeks ago
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4 weeks ago
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4 weeks ago
Can I find the "it's Deductible" section in 2025 Turbo Tax?
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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...
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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.
Sometimes it helps to just delete the dependent in MY INFO and then re-enter them from scratch.
4 weeks ago
Appreciate the response. It works now and I have been able to file, at least via the Safari iOS browser. I’m curious if you already got to the bug or if there was something on my client end that may ...
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Appreciate the response. It works now and I have been able to file, at least via the Safari iOS browser. I’m curious if you already got to the bug or if there was something on my client end that may have caused it. If Thanks!
4 weeks ago
at the Federal Review page, I get the following message: "Let's take care of these details now Your to-do list Form W-4 and Estimated Taxes Form W-4 and Estimated Taxes" I have Used Turbo tax...
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at the Federal Review page, I get the following message: "Let's take care of these details now Your to-do list Form W-4 and Estimated Taxes Form W-4 and Estimated Taxes" I have Used Turbo tax since 2021, Self employed since 1995. Paid for TurboTax Online State 2025 $39.00 and TurboTax Online Do It Yourself Premium 2025 $99.00 When I print & save a PDF, Schedule C, SE, etc are included. Why am I being asked for a W4, and what do I need to do to correct this problem? Thank you, Glenn
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4 weeks ago
royalty 1099-MISC has negative value for production taxes. Turbo tax does not allow negative value. How do I enter this negative value?
4 weeks ago
Yes, you can correct both your Email and Phone number.
On the left sidebar.
Scroll down and select Intuit Account
Six boxes will appear
Click Sign in & security
Your account informat...
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Yes, you can correct both your Email and Phone number.
On the left sidebar.
Scroll down and select Intuit Account
Six boxes will appear
Click Sign in & security
Your account information, including Phone number and Email are available to be updated.
4 weeks ago
If you have applied for the Refund Advance Loan you must meet the requirements provided in the link.
If your TurboTax advance submission didn't go through, it's often because of eligibility pro...
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If you have applied for the Refund Advance Loan you must meet the requirements provided in the link.
If your TurboTax advance submission didn't go through, it's often because of eligibility problems.
You should keep in mind that the Refund Advance is a loan and is only approved once the IRS accepts your return.
4 weeks ago
There is no need to check that box if you are not receiving the Earned Income Tax Credit
To enter or delete the Earned Income Credit -
Click on Federal Taxes (Personal using Home & Business) ...
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There is no need to check that box if you are not receiving the Earned Income Tax Credit
To enter or delete the Earned Income Credit -
Click on Federal Taxes (Personal using Home & Business)
Click on Deductions & Credits
Click on I'll choose what I work on (if shown)
Under You and Your Family
On Earned Income Credit (EIC), click on the start or update button
4 weeks ago
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4 weeks ago
We see people get confused and they keep logging in to online software which will require them to pay at the end. You need to use the desktop software. One way to tell if you are using the right ...
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We see people get confused and they keep logging in to online software which will require them to pay at the end. You need to use the desktop software. One way to tell if you are using the right software---your tool bar. Online software has the toolbar in a black vertical column on the left side of the screen. Desktop software has the tools up on the top of your TT screen.
You appear to be posting from online software instead of the desktop CD/download software that the license code is for. If you are using online, you are using the wrong program. You need to switch to the desktop software to get what you paid for. You have to download it, update it and open it up from your own hard drive to use it.
https://ttlc.intuit.com/community/choosing-a-product/help/how-do-i-switch-from-turbotax-online-to-the-turbotax-software/00/26129