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February 22, 2026
3:29 PM
The calculation is right up until line 34. Then the phase out amount (calculated using the married limit) is subtracted from the single $6000 instead of the married $12000 amount. We are not gettin...
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The calculation is right up until line 34. Then the phase out amount (calculated using the married limit) is subtracted from the single $6000 instead of the married $12000 amount. We are not getting the whole deduction.
February 22, 2026
3:28 PM
When you are preparing your Georgia return you have to make sure you select to claim the exemption. To do this in TurboTax:
Go to your state return
On the screen of Here's the income tha...
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When you are preparing your Georgia return you have to make sure you select to claim the exemption. To do this in TurboTax:
Go to your state return
On the screen of Here's the income that Georgia handles differently, scroll down to the Miscellaneous Section
Select Start next to Dependent Personal Exemption for Unborn Children
Enter the number of unborn children
February 22, 2026
3:28 PM
Yes, an optometrist is a health care professional. You can enter out of pocket expenses for medical, dental, vision and hearing expenses.
MEDICAL EXPENSES
The medical expense deduction h...
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Yes, an optometrist is a health care professional. You can enter out of pocket expenses for medical, dental, vision and hearing expenses.
MEDICAL EXPENSES
The medical expense deduction has to meet a rather large threshold before it can affect your return. The amount of medical (including dental, vision, etc.) expenses that will count toward itemization is the amount that is OVER 7.5% of your adjusted gross income. You should only enter the amount that you paid in 2025—do not include any amounts that were covered by insurance or that are still outstanding. Of course, your medical expenses plus your other itemized deductions still have to exceed your standard deduction before you will see a difference in your tax due or refund.
To enter your medical expenses go to Federal>Deductions and Credits>Medical>Medical Expenses
2025 STANDARD DEDUCTION AMOUNTS
SINGLE $15,750 (65 or older/legally blind + $2000)
MARRIED FILING SEPARATELY $15,750 (65 or older/legally blind +1600)
MARRIED FILING JOINTLY $31,500 (65 or older/legally blind + $1600)
HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)
February 22, 2026
3:26 PM
Are optometrists considered Medical Professionals?
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February 22, 2026
3:25 PM
I am trying to figure out how a tax refund this year affects any estimated RMD taxes for 2026. I just completed my 2025 tax return and have a refund of $3,400 thanks to the new standard deductions. A...
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I am trying to figure out how a tax refund this year affects any estimated RMD taxes for 2026. I just completed my 2025 tax return and have a refund of $3,400 thanks to the new standard deductions. All my current income sources should remain the same for 2026, so I will assume for this example that my refund will be the same as well. However, I will be starting my RMD this year. If the expected refund amount exceeds the RMD estimated taxes, do I need to even make estimated payments? As a test, I modified my Turbo Tax 2025 return to add an additional retirement income source equal to my RMD as if this was my 2026 tax return. The end result is a refund of approx $1400 instead of the $3400. Does the IRS expect me to make quarterly payments for the RMD tax and then refund it to me next year, or can I just skip the quarterly estimated payments altogether? Very confusing!!
Topics:
February 22, 2026
3:25 PM
i found the same thing: when I first opened turboTax, it would not recognize last year' return. I closed it and reopened it, and it imported all the information from last year's return. This is an in...
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i found the same thing: when I first opened turboTax, it would not recognize last year' return. I closed it and reopened it, and it imported all the information from last year's return. This is an inauspicious beginning.
February 22, 2026
3:24 PM
hi Sharon, I tried all these multiple times, but nothing is working out. My tax filing got delayed by 2 weeks just because of this. I have been a TurboTax customer since I started filing in US and...
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hi Sharon, I tried all these multiple times, but nothing is working out. My tax filing got delayed by 2 weeks just because of this. I have been a TurboTax customer since I started filing in US and there is no way to directly contact you folks which is really frustrating. I'm filing the tax without him as dependent. Thanks for your response. Thanks and Regards, Sabu
February 22, 2026
3:24 PM
you need to set browser permissions, see https://ttlc.intuit.com/community/taxes/discussion/re-vanguard-brokerage-update-is-available-from-vanguard-but-not-on-turbo-tax/01/3746947#M1390363 ht...
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you need to set browser permissions, see https://ttlc.intuit.com/community/taxes/discussion/re-vanguard-brokerage-update-is-available-from-vanguard-but-not-on-turbo-tax/01/3746947#M1390363 https://ttlc.intuit.com/community/taxes/discussion/uploading-from-vanguard/00/3791235
February 22, 2026
3:23 PM
The Form 1040X is scheduled to be available on February 26. The date is subject to change, so check on 2-26 to see if it is ready. Before that, do not change anything at all on your return.
February 22, 2026
3:22 PM
Employer sent a revised w2 a week after filing taxes. Need to revise (posted 2/21). Every time I try to amend on Turbo Tax, it says this section will be ready soon. I thought we were told 2/19 it woul...
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Employer sent a revised w2 a week after filing taxes. Need to revise (posted 2/21). Every time I try to amend on Turbo Tax, it says this section will be ready soon. I thought we were told 2/19 it would be available. Thank you
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February 22, 2026
3:22 PM
Michigan allows a deduction for auto insurance coverage that includes medical services related to a car accident. The coverage is called personal injury protection (PIP). See this Michigan webpage fo...
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Michigan allows a deduction for auto insurance coverage that includes medical services related to a car accident. The coverage is called personal injury protection (PIP). See this Michigan webpage for more information. The portion of your auto insurance that is designated as medical is a separate deduction on the Michigan return. To deduct the medical portion of your Michigan auto insurance premium, please follow the instructions below: Open your return. Click on State on the left-hand side. Click Continue next to your Michigan return. On the page Your 2025 Michigan taxes are ready for us to check, click Start or Edit next to Credits and taxes. Click Start or Revisit next to Homestead Property Tax Credit on the page Take a look at Michigan credits and taxes. Answer yes to the question Do you want to review your total household resources? Answer yes to the question Do you meet the qualifications? on the page Location of Property. Continue past the page Any of These Sources of Household Resources? On the page Medical Insurance or HMO Premiums Reduce Household Resources, enter the medical portion of your auto insurance premiums. Continue through your return.
February 22, 2026
3:19 PM
In the Illinois state tax return, look for the "Additional Tax Situations" section. Here you can set up estimated tax payments for the following tax year. Once you complete that section, it'll ask if...
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In the Illinois state tax return, look for the "Additional Tax Situations" section. Here you can set up estimated tax payments for the following tax year. Once you complete that section, it'll ask if you want to apply an overpayment for this year to next year's estimated taxes.
February 22, 2026
3:18 PM
You are always going to find someone else whose refund arrived faster, and someone who waited even longer than you. That is the way it goes. Returns are not processed “first in — first out.”
Turbo...
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You are always going to find someone else whose refund arrived faster, and someone who waited even longer than you. That is the way it goes. Returns are not processed “first in — first out.”
TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer. “21 days” is not a promise from TurboTax or the IRS.
First, check your e-file status to see if your return was accepted:
https://turbotax.intuit.com/tax-tools/efile-status-lookup/
Once your federal return has been accepted by the IRS, only the IRS has any control. TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.
You need your filing status, your Social Security number and the exact amount (line 35a of your 2025 Form 1040) of your federal refund to track your Federal refund:
https://www.irs.gov/refunds
To track your state refund:
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr
If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refunds-take-longer-others/L14YlqFrH_US_en_US?uid=lexdr7zh
.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst
If you are getting earned income credit on line 27 or additional child tax credit on line 28 You are subject to the delay required by the PATH act. Do not expect your refund before early March
https://ttlc.intuit.com/turbotax-support/en-us/help-article/internal-revenue-service/federal-refunds-delayed-due-path-act/L5jnQJsBi_US_en_US
Note: “Accepted” is not the same as “approved”. TurboTax tells you the e-file was accepted if the IRS deems that there is enough information on the return for them to take it in for processing. Only the IRS can approve of the refund, which is a later stage of processing. If the IRS approves your refund they will provide a date for the refund to be issued.
FROM THE IRS WHERE’S MY REFUND SITE:
https://www.irs.gov/wheres-my-refund
How it works
Where's My Refund shows your refund status:
Return Received – We received your return and are processing it.
Refund Approved – We approved your refund and are preparing to issue it by the date shown.
Refund Sent – We sent the refund to your bank or to you in the mail. It may take 5 days for it to show in your bank account or several weeks for your check to arrive in the mail.
February 22, 2026
3:18 PM
thank you for the information. Does it make a difference that this is for the 2025 tax year - I was efficient and filed early this year😀. I'm hoping it means I can do some of it online. The UK broke...
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thank you for the information. Does it make a difference that this is for the 2025 tax year - I was efficient and filed early this year😀. I'm hoping it means I can do some of it online. The UK broker in question had never sent 1099's in the past but they did this year. Given that it is for 2025 do you have any advice as to timing? Wait for the current season to end or get the adjustment in ASAP - IRS has already processed my return as has the State. Thanks Again!
February 22, 2026
3:16 PM
This is a known issue in TurboTax and we are working to resolve it as soon as possible. As soon as we have a resolution for you, we will update you in this Community thread.
@ue507
@user1771...
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This is a known issue in TurboTax and we are working to resolve it as soon as possible. As soon as we have a resolution for you, we will update you in this Community thread.
@ue507
@user17711785760
February 22, 2026
3:14 PM
Because the 1099 was issued in your name and SSN, that information has been reported as income to the IRS. You would need to report it
However, since you were acting as an intermediary and pass...
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Because the 1099 was issued in your name and SSN, that information has been reported as income to the IRS. You would need to report it
However, since you were acting as an intermediary and passed the full amount to the musician, you generally report the 1099 income and then offset it so you aren't taxed on money you didn't keep.
On your tax return, enter the full amount on the 1099 on Schedule 1 (Form 1040), Part I. Other income.
Then, then enter the same amount as a negative “Nominee amount” so the 1099 is shown, but not taxed to you.
Issue the same Form 1099 (MISC or NEC) to the musician. Show the same amount as the original 1099.
Make you the “Payer” and the musician “Payee,.” File Copy A with the IRS (and Form 1096 if mailing paper).
February 22, 2026
3:13 PM
This is a known issue in TurboTax and we are working to resolve it as soon as possible. As soon as we have a resolution for you, we will update you in this Community thread.
February 22, 2026
3:13 PM
1 Cheer
What you describe sounds like you reported the income correctly.
The Social Security lump sum payment process requires you to enter information from your previous years tax returns. Then the t...
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What you describe sounds like you reported the income correctly.
The Social Security lump sum payment process requires you to enter information from your previous years tax returns. Then the tax that would have been due from one or more prior year tax returns is simply added to your current year tax return as an additional tax assessment.
For instance, in 2025 you receive $20,000 in Social Security benefits, $5,000 for 2025 and $15,000 lump sum benefit for 2024.
You enter the information from your current year’s income tax return. The Social Security worksheets determine how much, if any, additional tax would have been owed. This additional amount due is added to your current year’s income tax return for payment.
To report Social Security lump sum payments, follow these steps:
Go to Federal / Wages & Income / Your income / Retirement Plan and Social Security / Social Security.
Click Start / Revisit to the right.
At the screen Did you receive any lump-sum payments?, answer Yes.
See also this TurboTax Help.
February 22, 2026
3:13 PM
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February 22, 2026
3:10 PM
Every year, I am asked how much of the money of my refinanced loan went to other projects. It has been years since that refinancing happened, and I can't remember. I know we used it to repair some pa...
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Every year, I am asked how much of the money of my refinanced loan went to other projects. It has been years since that refinancing happened, and I can't remember. I know we used it to repair some part of the house, but I can't remember. I'm sure I had clear answers on tax forms years ago, but I have no idea what it was. What should I do?