All Posts
a month ago
oh well - have to be patient and take it day by day, there is no firm date in the other threads. IRS updated instructions 2 days ago on 2/11, presumably Intuit is doing final checking against that. ...
See more...
oh well - have to be patient and take it day by day, there is no firm date in the other threads. IRS updated instructions 2 days ago on 2/11, presumably Intuit is doing final checking against that. https://www.irs.gov/pub/irs-pdf/i4562.pdf
a month ago
ERROR Message I'm still getting even though the other 5 asset work sheets were fixed with the Feb 13th update but this one still exists: Asset Entry Worksheet (Name of Asset) Special Depr Allowa...
See more...
ERROR Message I'm still getting even though the other 5 asset work sheets were fixed with the Feb 13th update but this one still exists: Asset Entry Worksheet (Name of Asset) Special Depr Allowance is too large. It cannot exceed 0% of eligible basis.
a month ago
Which turbo tax version do you have that has updated? I have desktop premier and it still hasn't update the form 4562
a month ago
i downloaded 2025 Premier Turbo Tax and accidentally downloaded it as desktop and i want it to be online. How can i correct this before i start entering all my info?
a month ago
I am a CA non-resident and a UT resident. I received a Utah TC 20 schedule K-1, which has a ordinary business loss of $2532. When I am entering data for Utah, turbotax [1] did not ask me to enter any...
See more...
I am a CA non-resident and a UT resident. I received a Utah TC 20 schedule K-1, which has a ordinary business loss of $2532. When I am entering data for Utah, turbotax [1] did not ask me to enter any schedule K-1 or [2] there is any field where I can click on schedule K-1. Very different from Federal returns which has both of these features. Can someone pls help?
Topics:
a month ago
The IRS has not updated their W-4 Calculator, for changes for the OBBB. The TurboTax link says '2026' at the top, so should give you a pretty accurate result.
@username6841651
a month ago
Your car registration fee is deductible if it’s a yearly fee based on the value of your vehicle and you itemize your deductions. In California, you can deduct The Vehicle License Fee (VLF) portion ...
See more...
Your car registration fee is deductible if it’s a yearly fee based on the value of your vehicle and you itemize your deductions. In California, you can deduct The Vehicle License Fee (VLF) portion of your registration fee. Where do I enter my car registration expenses?
Follow these directions:
Open or continue your return.
Navigate to the car registration section:
TurboTax Online/Mobile: Go to the car registration screen under Deductions & Credits.
TurboTax Desktop:
Go to Federal Taxes.
Go to Deductions & Credits.
If asked How do you want to enter…?, select I’ll choose what I work on.
Under Cars and Other Things You Own, select Start or Update next to Car Registration Fees.
a month ago
Where do I add all of Savannah's college expenses... computer, dorm supplies
Topics:
a month ago
What version do you have? I still don't have an update with premier and today is Feb. 13 :(
a month ago
Q. Should I put that I support myself under full-time student if my bills are paid by the head of household, but I pay my own tuition?
A. Simple answer: No. If it has already been determined that ...
See more...
Q. Should I put that I support myself under full-time student if my bills are paid by the head of household, but I pay my own tuition?
A. Simple answer: No. If it has already been determined that you are somebody else's dependent, then you did not support yourself.
That said, it really depends on more information. What is the source of funds by which you pay your own tuition? If student loans, did your parent co-sign the loan? Which is the more, your tuition or your bills paid by the head of household?
With the 2018 tax law change, most students will get the same refund whether they claim themselves or not. The personal exemption has been eliminated and the standard deduction increased. However, you only qualify for an education credit, if you are not a dependent.
_______________________________________________________________________________________________
There are two types of dependents, "Qualifying Children"(QC) and Other ("Qualifying Relative" in IRS parlance even though they don't have to actually be related). There is no income limit for a QC but there is an age limit, student status, a relationship test and residence test.
The support test is different for each type. The support test, for a QC, is only that the child didn't provide more than half his own support. The support test for a Qualifying Relative is that the taxpayer provided more than half the relative's support.
A child of a taxpayer can still be a “Qualifying Child” (QC) dependent, regardless of his/her income, if:
He is under age 19, or under 24 if a full time student for at least 5 months of the year, or is totally & permanently disabled
He did not provide more than 1/2 his own support. Scholarships are excluded from the support calculation
He lived with the parent (including temporary absences such as away at school) for more than half the year
So, it doesn't matter how much he earned. What matters is how much he spent on support. Money he put into savings does not count as support he spent on himself.
The support value of the home, provided by the parent, is the fair market rental value of the home plus utilities & other expenses divided by the number of occupants.
The IRS has a worksheet that can be used to help with the support calculation. See: http://apps.irs.gov/app/vita/content/globalmedia/teacher/worksheet_for_determining_support_4012.pdf
See full dependent rules at: https://turbotax.intuit.com/tax-tools/tax-tips/Family/Rules-for-Claiming-a-Dependent-on-Your-Tax-Return/INF12139.html
a month ago
I make a Roth conversion Go/NoGo decision each October. This past year (2025) was my first year using this strategy. I did a $70K conversion on 10/10/2025. I immediately (next day) went to the IRS si...
See more...
I make a Roth conversion Go/NoGo decision each October. This past year (2025) was my first year using this strategy. I did a $70K conversion on 10/10/2025. I immediately (next day) went to the IRS site and made a direct payment of $13,115. Turbo Tax is calculating I will have a Penalty/Interest amount of $164. If I do not know whether I will have a conversion until October, how can I avoid this penalty without grossly overpaying if I choose not to do a Roth conversion? Can I go into my Turbo Tax return and force it to use the Form 2210 annualized income method? As a retired engineer, I created a detailed spreadsheet that documents monthly incomes, interest earned, Federal Tax withholding, etc. and calculates MFJ federal tax. That spreadsheet was within $1 of Turbo Tax solution, EXCEPT this $164 penalty. 😕
a month ago
1 Cheer
Florida does not impose an income tax. The sales tax rate in Florida is a base 6% with counties adding a surtax (see rates at the site below). https://floridarevenue.com/Forms_library/current...
See more...
Florida does not impose an income tax. The sales tax rate in Florida is a base 6% with counties adding a surtax (see rates at the site below). https://floridarevenue.com/Forms_library/current/dr15dss.pdf
a month ago
Please share this with your call colleagues. They kept telling me I had to enter the federal EIN.
a month ago
Any update on when this will be updated? It's now February 13.
a month ago
Topics:
a month ago
1 Cheer
Absolutely! Many people are *forced* this year to start with a new machine because TT will no longer support Windows 10 and older machines cannot be upgraded to Windows 11. I never saw the 4 year l...
See more...
Absolutely! Many people are *forced* this year to start with a new machine because TT will no longer support Windows 10 and older machines cannot be upgraded to Windows 11. I never saw the 4 year limit on reopening tax forms, so am equally miffed. It is not necessary to have new updates as if I was going to file them again -- I just want to download the appropriate 'state' file that I already paid for in the past and I would like to open up the prior tax data I have. Is there a place in the old machine where the ancient State installs are kept so we can manually install them, at least.
a month ago
Yes, the display on the Deductions topics page may not be updating correctly. However, if you have verified that your forms are correct, this doesn't affect your return. Often if you step through t...
See more...
Yes, the display on the Deductions topics page may not be updating correctly. However, if you have verified that your forms are correct, this doesn't affect your return. Often if you step through the interview all the way to the end (summary) and click back in, the 'Available Now' will update.
When you exit/save your return and come back in, it may also resolve.
@kjbergy
a month ago
2 Cheers
Same problem. This is the last year I will purchase Turbo Tax software. I have been using it for probably 20+ years. They don't even bother finishing the software before tax season. I am having thi...
See more...
Same problem. This is the last year I will purchase Turbo Tax software. I have been using it for probably 20+ years. They don't even bother finishing the software before tax season. I am having this problem on my daughter's taxes, and I struggled for hours earlier today trying to get capital loss carryovers to work in my mother's tax return. Following this thread to see when this get's fixed.
a month ago
@Patbbb It is on the form to provide an extra measure of security ---but you are not required by the IRS to enter a driver's license or state ID in order to e-file your federal tax return. However,...
See more...
@Patbbb It is on the form to provide an extra measure of security ---but you are not required by the IRS to enter a driver's license or state ID in order to e-file your federal tax return. However, there are some states that are very picky that will not allow you to e-file a state return without a state ID or driver's license.