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Let's start with your original question regarding calculation of credit: The credit will be the lower of the state tax liabilities on the same gross income. Differences in tax rate along with differences in how the taxable income is calculated will create different state taxable amounts. IL tax is based on your entire income for the year times the IL percentage. So it can look like it is taxing all your income. Line 48 shows the percentage of income earned in IL. Due to the calculation differences, IN tax on the income is $1795 and they will not give you credit larger than the IN tax on the same income. IL has a higher tax rate (4.95%0  than IN (3%), so that difference is what you pay for working in IL. Add the local tax and you have your return complete.

Yes, you can still amend the 2021 tax return, but you must do it by the end of this tax season.   To amend a 2021 return in TurboTax,  Sign in to the same account used for the original filing,  Go to Tax Home, and  Select "Amend (change) return" for 2021.  You can watch the TurboTax video How do I amend my federal tax return for a prior year?    

You filled out the top half correctly, but the "Total" column needs to show the full reality of the gift before the split.   Schedule A, Part 1 (Top Half): You list the son’s info and the full $50,000 in column (G). You enter $25,000 (the portion to be split with your spouse) in Box H Line 3: Subtract line 2 from line 1. You are left with $25,000 as your share. This is reported in Box I. Go to part 4 of the form, enter $25,000 in line 1 and $19,000 in line 2. enter the result in line 3. Should be $6000. Now for your wife, she should complete the "bottom half" of Schedule A in the Gifts by Spouse section and then perform the same procedure that I mentioned above. Even though she didn't make "additional" gifts, the IRS considers the $25,000 she is "taking" from you as a gift "made by spouse."   Don't forget the most important part to make the "Split" valid:   On your form: You must check the "Yes" box on Line 12 and enter her name. She must sign and date under the "Consent of Spouse" section on Line 18. On her form: She must check the "Yes" box on Line 12 and enter your name. You must sign and date her form on Line 18. @mtr61378   

The QMID code is a specific code that can be found on your manufacturer's documentation, itemized invoices, or the IRS Energy Credits Online (ECO) portal.    If you do not have a QMID (Qualified Manufacturer ID) for your product, you can contact the manufacturer directly to request their 4-digit code. The QMID is assigned to the manufacturer, not the installer.    You can also try checking with your installer for it or it may be on your  "Manufacturer Certification Statement," which should list the necessary information for Form 5695, including your QMID.    Click here for Energy Efficient Home Improvement Credit qualified manufacturer requirements Click here for What Is the IRS Form 5695?   Click here for Instructions for Form 5695 Please return to Community if you have any additional information or questions and we would be happy to help.

I moved out on April 1st 2025   My h1b was still valid when I left (but paused I think since I was unemployed for 2 months and then left the USA)    I’ve stayed in USA since 2019 when I was a student. I have now moved to my new tax home and country of citizenship India        

I'm having the same issue with Windows TTax. I have 2 1099-MISC, one for royalties (oil) and another for rent (oil lease).  I would think TTax would fix this bug since there is probably a lot of other users that have oil mineral rights and would have this problem.  I'm still reading through all of the ways people have tried to work around this before trying to tackle it again.

When I manually report on 1099-INT - the foreign bank interest paid should I just include the tax deducted (as foreign tax) and check the FACTA box? When do I need to file 1116 ? I read it is only if total foreign tax deducted is > 300$? I understand that this has to correlate to what I am reporting on FBAR & 8938    

You don’t have to start over to add your self-employed business income.  Follow the steps below: Go to Wages & Income Select Self-employment TurboTax will guide you through adding your business. Refer to the TurboTax article How do I report income from self-employment?  for more information. Refer to  Reporting Self-Employment Business Income and Deductions for additional details. You will have to upgrade to TurboTax Premier or Home & Business to add your business income.   If you still need to start over, you can clear your entire tax return and start over if you haven't paid.    Login to TurboTax and select Continue Select Tax Tools  Select Clear & Start Over.   Refer to the TurboTax article How do I clear and start over?   [Edited 02/18/26| 11:45am PST]   @wirgaumichael   

You need to enter the Form 1099-Q reporting the distribution (not 1099-T) in the Education section of TurboTax, then ESA and 529 Distributions (Form 1099-Q). After you enter the information on the form, you will come to a screen that says Distribution Transfer, on which you can answer "Yes" to having rolled over the plan distribution to another qualifying plan within 60 days.

@TitniumWolf ,  (1) you say you moved out of USA on 4/15/2025  (?) (2) your H-1B was still valid (3) When did you enter the USA --- because a long-term resident  has more implications.  US wants to make sure that all taxes  are paid/collectible,  depending on length of stay some assets may need to given mark-to-market ( for US taxes), exit paperwork must be filed with both IRS and  USCIS.   Need more details, including your current tax-home and country of citizenship--please

I went back and check.  I answered no for both my wife and myself.  I checked all the following questions.  Answered them all.  We get CPP as well .  I was told to add the Canada Pension amounts to the SS amounts I did that.   It appears my wifes number are correct and my SS amount is not added into the total.  On the page that totals just the SS and IRA numbers it is correct.  When it gets to the final summary it is not

No, if you have Family HDHP coverage, then the Family limit of $8,550 is shared between the spouses. TurboTax will share the limit automatically so as to minimize the excess or to reduce it to zero if possible. Thus for you to contribute as if you were under Family coverage at the same time that your spouse was contributing as if under Self coverage will trigger excess contributions. If your spouse if using Self-only coverage limits for certain months, then you cannot use more than the same Self coverage limit (not full Family) for the same months.   I imagine that things will go worse for you if you file separately, if for no other reason than the difficulty of entering things the way you want under MFS.   You generally want to withdraw the excess if you can. The reason is because any excess not withdrawn by the original due date of the return is carried over to the next year to be used as a "personal" (line 2 (8889) contribution) and is charged a 6% penalty.   If you are a disciplined taxpayer and are sure to reduce your HSA contributions for the next year AND are sure that you will have HDHP coverage the next year, then you can "let the carryover ride" at a 6% cost, and use up the carryover in the subsequent years. You need to count on your fingers to see which is better for your situation...as I said, withdrawing is generally preferable, if you can do it.