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a month ago
I have used TT for probably 10 years now. This issue with the rental property depreciation form is really a pain. Hope that the product cost does not rise the later you submit and file in the tax s...
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I have used TT for probably 10 years now. This issue with the rental property depreciation form is really a pain. Hope that the product cost does not rise the later you submit and file in the tax season. Making me rethink continuing with this platform.
a month ago
Hi Dawn. Thanks for the clear instructions. I figured it out yesterday that if the Estimates and Other Taxes Paid section is not showing I have to click [ Add Other Deductions and Credits ] to disp...
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Hi Dawn. Thanks for the clear instructions. I figured it out yesterday that if the Estimates and Other Taxes Paid section is not showing I have to click [ Add Other Deductions and Credits ] to display it. I have the full list of Deductions and Credits listed now and am wrapping up my taxes. Thanks again!
a month ago
The amount of Social Security income that you enter on your tax return is the amount in box 5 or your Form SSA-1099.
What is the exact amount in box 5 of your Form SSA-1099?
What is the exact a...
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The amount of Social Security income that you enter on your tax return is the amount in box 5 or your Form SSA-1099.
What is the exact amount in box 5 of your Form SSA-1099?
What is the exact amount in box 5 of your spouse's Form SSA-1099?
Are those the amounts that you added to get the total of $57,156?
The total on line 1a of the Social Security Benefits Worksheet is the sum of the Taxpayer and Spouse amounts on line A. The amounts on line A are the amounts that you entered. If those amounts do not match box 5 of your SSA-1099s, go back to where you entered your Social Security income and check your entries.
a month ago
Hello, after doing my taxes on Turbotax, I miss the higher 'Other Retirement Exclusions' (line 28 on form NJ-1040 page 2) by $222 dollars, which makes my taxes $1442 higher. Last year I withdrew a la...
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Hello, after doing my taxes on Turbotax, I miss the higher 'Other Retirement Exclusions' (line 28 on form NJ-1040 page 2) by $222 dollars, which makes my taxes $1442 higher. Last year I withdrew a large sum from my inherited IRA to catch up from years of not taking RMDs, and that along with interest and dividends put my total income at 125,222. Per the scale, up to 125K the deduction is 37.5% of the total, and at 125,001+ the deduction is 18.75% of the total. I went over 125K by just $222 dollars. I was hoping I could open an IRA for a small amount but NJ does not reduce income by an IRA contribution. I figure there isn't a way to lower it but thought I would ask. Last year you guys helped me a TON with the catch up on the RMDs without penalties, that I missed for a bunch of years.
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a month ago
Have you entered income from working in 2025? If not, you will not receive an income tax refund based on having dependent children.
The maximum amount of the child tax credit is now $2200 p...
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Have you entered income from working in 2025? If not, you will not receive an income tax refund based on having dependent children.
The maximum amount of the child tax credit is now $2200 per child; the refundable “additional child tax credit” amount is $1700. In order to get that credit, you have to have income from working.
Take the amount you earned from working. Subtract $2500. Multiply the rest by 15%. That is the additional child tax credit per child that you canget—- up to the maximum of $1700 per child. If the amount you earned from working was low, you will not get the full $1700 per child.
If your child is older than 16 at the end of 2025, you do not get the CTC. But you may still get the non-refundable $500 credit for other dependents instead.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/child-tax-credit/L2lNhfGDl_US_en_US?uid=m68dfq2u
https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/additional-child-tax-credit/L6xFeMFEf_US_en_US?uid=lqnuygah
https://www.irs.gov/help/ita/does-my-childdependent-qualify-for-the-child-tax-credit-or-the-credit-for-other-dependents
And for the Earned Income Credit—-
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/qualifications-earned-income-credit-eic-eitc/L7w4BFP32_US_en_US?uid=m62rmz09
https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant
https://www.irs.gov/pub/irs-pdf/p596.pdf
Look at your 2025 Form 1040 to see the child-related credits you received
PREVIEW 1040
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr
Child Tax Credit line 19
Credit for Other Dependents line 19
Earned Income Credit line 27
Additional Child Tax Credit line 28
a month ago
@ldlovendahl Yes...but don't look for it being added to your Standard Deduction on line 12e of your form1040. It should show up entirely separately, as part....or all of line 13b on your form 1...
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@ldlovendahl Yes...but don't look for it being added to your Standard Deduction on line 12e of your form1040. It should show up entirely separately, as part....or all of line 13b on your form 1040. And it does phase out for high income individuals or married couples (And isn't allowed at all for married filing separately...MFS)
a month ago
Am I Head of Household?
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-filing-status/qualify-head-household-2021/L0NxUtVc2_US_en_US?uid=m5x19jkx
https://ttlc.intuit.com/tur...
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Am I Head of Household?
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-filing-status/qualify-head-household-2021/L0NxUtVc2_US_en_US?uid=m5x19jkx
https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-filing-status/qualifying-person-head-household/L2TmgztNs_US_en_US
If you qualify as Head of Household, when you enter your marital status (single or married filing separately) into MyInfo, and then enter your qualifying dependent, TurboTax will offer HOH as your filing status.
a month ago
Check back tomorrow. Although the forms availability table indicates that Form 4562 is ready to e-file, the final update for depreciation calculations within the software has not been released.
...
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Check back tomorrow. Although the forms availability table indicates that Form 4562 is ready to e-file, the final update for depreciation calculations within the software has not been released.
We anticipate the depreciation calculations within the software should be updated after February 13, 2026. Our tech team is working hard to release the updates before that date.
Please be aware that this update will affect depreciation for Schedule E (Rental Properties) only. Schedule C (Self-Employment) was updated previously and should be working in all versions of TurboTax.
a month ago
1 Cheer
The form shows the Net Benefits you received in box 5 of your SSA-1099 forms, which is $49,630 - it looks like one of you received $35,590 and one of you received $14,040 which should match the amoun...
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The form shows the Net Benefits you received in box 5 of your SSA-1099 forms, which is $49,630 - it looks like one of you received $35,590 and one of you received $14,040 which should match the amounts that were in box 5 of your SSA-1099 forms. Recheck your entries on the Social Security entry screen to be sure that they are correct.
a month ago
We will see...
a month ago
Work around for me. Change your default browser. In my case I changed from Chrome to Firefox. Using Windows 11. go to settings>default apps, choose Firefox and set as default browser. It's still ...
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Work around for me. Change your default browser. In my case I changed from Chrome to Firefox. Using Windows 11. go to settings>default apps, choose Firefox and set as default browser. It's still an issue on Intuit's end but worked as a temp fix for me.
a month ago
TurboTax has a site showing the available dates of all state products. https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product=Turbotax_online&bu=cg
...
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TurboTax has a site showing the available dates of all state products. https://form-status.app.intuit.com/tax-forms-availability/formsavailability?albRedirect=true&product=Turbotax_online&bu=cg
I found it by typing State Forms availibility into a box on the main TTax site. https://ttlc.intuit.com/turbotax-support/en-us/
Then choose "When will my individual tax forms be available..." on this page: https://ttlc.intuit.com/turbotax-support/en-us/help-search/?q=State%20Forms%20availibility%20
Then click on the "this tool" link on the 1st line of text on this page: https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/irs-forms-availability-table-turbotax-individual/L0JQ1PHNW_US_en_US
a month ago
I see another post that indicates a fix is expected with tomorrow's (2/13) update. Fingers crossed.
a month ago
Thank you for your reply, it is appreciated! Yes, as you suggested I will in all likelihood be forced to submit a separate paper form 5329 and check to the IRS. Not the end of the world, but it...
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Thank you for your reply, it is appreciated! Yes, as you suggested I will in all likelihood be forced to submit a separate paper form 5329 and check to the IRS. Not the end of the world, but it reflects poorly on Intuit when TurboTax offers a feature that is broken, and there doesn't seem to be any simple way to report it to them to fix it so that I can combine the 5329 with my 1040 and e-file both.
a month ago
I printed my 1099-G. The form states, "If you claimed a federal itemized deduction for 'State and local income taxes paid" for the year shown in box 1 (2025 on this form), you must generally include ...
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I printed my 1099-G. The form states, "If you claimed a federal itemized deduction for 'State and local income taxes paid" for the year shown in box 1 (2025 on this form), you must generally include the box 2 amount ($200 in my case) in your federal income for the year in which your refund check was received." This means I don't have to report the amount on 1099-G as my income since I am not itemizing deduction on my 2025 return. Right?
a month ago
Still not available on 2/12/26.
a month ago
You will have to contact TurboTax support for assistance with this problem. Use the key words Billing Issue
See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax...
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You will have to contact TurboTax support for assistance with this problem. Use the key words Billing Issue
See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/turbotax-phone-number/L0Od33nMQ_US_en_US?uid=lfgviwbm
a month ago
If your overtime pay isn’t listed in box 14 of your W-2, look for it on:
Your year-end pay stub: This is your best resource if your W-2 doesn't have the info.
Statement or letter from your e...
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If your overtime pay isn’t listed in box 14 of your W-2, look for it on:
Your year-end pay stub: This is your best resource if your W-2 doesn't have the info.
Statement or letter from your employer: Your employer may provide a separate written summary of your overtime earnings for the new tax laws.
How does TurboTax calculate the deduction?
If your pay stub shows a combined total for overtime (regular pay + premium), and you’re paid time-and-a half the IRS allows you to use one-third of that total as your deductible amount.
If you earned double-time pay, you can use one-fourth of the total overtime paid at double-time shown on your statement.
When you enter your W-2 info, we'll ask questions about your overtime and apply the deduction.
How do I enter my overtime pay in TurboTax? This article will tell you how to enter your overtime pay in TurboTax.
This article has more information about the tax law and Overtime Deduction
a month ago
Yes, it is located on Box 4 of the form 1099G. This is where the Federal income tax witheld is reported.
a month ago
1 Cheer
@RR4544* wrote:
It is over 1 month later and this issue has still not been resolved (a big update was provided this morning without a fix). Is Intuit working on it ? “Wait for a potential fix” i...
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@RR4544* wrote:
It is over 1 month later and this issue has still not been resolved (a big update was provided this morning without a fix). Is Intuit working on it ? “Wait for a potential fix” is not practical advice … I have used TurboTax for 38+ years, but without anything more firm, I am going to have to change to one of your competitors (eg. H&R Block).
What fix?
Whether you like it or not, section 224(a) of the OBBB says that a deduction will be allowed for tips reported on required reporting forms such as W-2 and 1099 forms, or reported on form 4137. Form 4137 is for W-2 workers who must report additional tips that were not reported to the employer and not subject to social security and medicare tax. Form 4137 can't be used by self-employed people to report tips.
The proposed regulations are here.
https://www.federalregister.gov/documents/2025/09/22/2025-18278/occupations-that-customarily-and-regularly-received-tips-definition-of-qualified-tips?utm_source=chatgpt.com#h-11
If you are self-employed, and your tips are not included on a 1099, you can't deduct them. That's how the law was written. Don't blame Turbotax or the IRS. Blame Congress. And in the future, ask for your tips via a payment service so you get a 1099-K.