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A 20 year old who is a full time student would be a dependent under the Qualifying Child rules.  Under those rules their income is not relevant, only if they provided over one-have of their own support would they not be able to be claimed as a dependent.   To be a Qualifying Child - 1. The child must be your son, daughter, stepchild, foster child, brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them. 2. The child must be (a) under age 19 at the end of the year, (b) under age 24 at the end of the year and a full-time student or (c) any age and permanently and totally disabled. 3. The child must have lived with you for more than half of the year. Temporary absences while away at college are considered living with you. 4. The child must not have provided more than half of his or her own support for the year. 5. If the child meets the rules to be a qualifying child of more than one person, you must be the person entitled to claim the child as a qualifying child. 6. The child must be a U.S. citizen or U.S., Canada or Mexico resident for some portion of the year. 7. The child must be younger than you unless disabled.   Go back to My Info on the left side of the online program screen. Edit the dependent and carefully check your answers to the questions. Make sure you select them as your Child, that you selected that they lived in your home for the Whole Year, temporary absence for education is deemed living in your home. That they did NOT provide over one-half of their own support (You Did), that you indicated there was no one else in the household providing support to them, and that you did NOT check the box labeled Not valid for employment in the Social Security number section.   If all your answers are correct then delete them as a dependent and re-enter.

W2 Box 14, has always been used to report miscellaneous things by employers that in the past did not affect tax returns.  This year with the changes due to One Big Beautiful Bill Act (OBBBA), box 14 is being used to report qualifying tips, and sometimes qualifying overtime.    In TurboTax, enter the description from your W-2's box 14 on the first field in the row. Enter the dollar amount and select the correct tax category that goes with that description.  If none of the categories apply, scroll to the bottom of the list and choose Other (not classified). Don’t worry. We'll figure out if it impacts your return or not. If we need more information, we'll ask you.  

So I can just add the cost of improvements to the Sales Expense figure listed here, $16,932?  Even though TT Home & Business lists Sales expenses as “Sales commissions, Advertising expenses, Legal fees, Loan charges, Broker fees, Transfer taxes, and Option premiums? Do I need to list what the improvement was and if so where? Thank you.   

I am in the process of doing my deceased husband's Trust in TurboTax Business. I have completed deductions for  three rental properties but when I get to the part where TurboTax ask me "if I have any other property expenses", I reply "yes". The problem is what  I write down for one rental property appears for all three properties. Can you help me? I believe this is a programming problem. Judy Wade

If you are filing as Married Filing Separately you are not eligible for the deduction.  If you are Single and your AGI is over $150,000 or Married Filing Jointly and your AGI is over $250,000 you are not eligible for the deduction.   If you are age 65 or older and meet the requirement, the additional deduction is automatically added on your federal tax return.   Standard deductions for 2025 Single - $15.750 add $2,000 if age 65 or older Married Filing Separately - $15,750 add $1,600 if age 65 or older Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older Head of Household - $23,625 add $2,000 if age 65 or older   New Bonus Standard Deduction (OBBB): An additional $6,000 deduction for taxpayers 65 and older. This is per eligible individual, meaning a married couple both over 65 could get $12,000. Important: This bonus deduction is temporary, lasting from 2025 through 2028. Income limitations: It phases out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers. The amount is calculated on Schedule 1-A, Part V, with that amount flowing to Form 1040 Line 13b Look at your Form 1040 - You can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

Thank you very much!!  My Token # is 1332829   I have two states that require a return, CA and PA.  I've noticed that the federal Form 4562 error directly impacts the CA Form 3885A that uses the federal Form 4562 directly.  I have not determined whether or not the PA return is also impacted, so I'd greatly appreciate if you could determine that and fix if necessary.  Thanks so much!

The basis for the vehicle is the cost of the vehicle, plus sales tax, registration fees and any improvements made to the vehicle. The basis is used to calculate the depreciation amount when using the actual expenses method instead of the mileage rate.    Form 2106 has been discontinued for most taxpayers for years 2018 through 2025, it is used to report unreimbursed employee expenses.  There are some specific employees that are still able to claim these expenses like Armed Forces Reservists (traveling more than 100 miles), Qualified Performing Artists (with AGI under $16,000), Fee-basis State or Local Government Officials, and Employees with Impairment-Related Work Expenses.     About Form 2106, Employee Business Expenses Where do I enter job-related employee expenses? (Form 2106)

Did you report that you didn't rent the property all year? If so, TurboTax removed all information about your rental property. You can fix this by changing your answer to rented for one day (no personal days). Then go to the Sale of Property topic and enter your sale information.   @smjaskilka

The installation usually does this for you, but if it's missing, you can create a manual shortcut: Open File Explorer and go to the folder where TurboTax is installed. It's usually here: C:\Program Files (x86) OR Program Files\TurboTax\[Your Version] 2025\64bit Look for the file named TurboTax.exe. Right-click it, hover over Send to (you may need to choose show more options), and select Desktop (create shortcut).