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February 27, 2026
12:37 PM
@Aussie wrote: The punch line is the sale of the vehicle results in a loss based on the cost basis of vehicle x business use percentage. I did not claim any auto expenses or SMR until a year ...
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@Aussie wrote: The punch line is the sale of the vehicle results in a loss based on the cost basis of vehicle x business use percentage. I did not claim any auto expenses or SMR until a year or so after purchasing the car. Because it was originally personal use and later converted to business use, and because that first calculation results in a loss, then you need to do a second calculation. You do it again using the Fair Market Value when it was converted to business use (not original cost), and use the business percentage based on the total miles starting from when it was converted to business use (not the business percentage over lifetime ownership).
February 27, 2026
12:36 PM
I installed a heat pump water heater in 2025. When I enter in the information for the cost of the HPWH into turbotax, the 30% credit is not added to the form. If I enter the amount paid as a heat ...
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I installed a heat pump water heater in 2025. When I enter in the information for the cost of the HPWH into turbotax, the 30% credit is not added to the form. If I enter the amount paid as a heat pump, it works fine. Anyone else having problem getting the credit for a Heat Pump water heater?
February 27, 2026
12:35 PM
If you have not paid for the online edition you are using, have not filed your tax return or registered the Free edition, then you can clear your return. Click on Switch Products on the lower left si...
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If you have not paid for the online edition you are using, have not filed your tax return or registered the Free edition, then you can clear your return. Click on Switch Products on the lower left side of the program screen while working on the 2025 online tax return. Click on Clear & Start Over
February 27, 2026
12:35 PM
Ultimately, I decided that making progress was more important than the download. Entering the totals using the guided input from TT went quickly. I understand that this might not work for all peopl...
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Ultimately, I decided that making progress was more important than the download. Entering the totals using the guided input from TT went quickly. I understand that this might not work for all people.
February 27, 2026
12:34 PM
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...
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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.
February 27, 2026
12:34 PM
I don't understand many questions and I don't answer them correctly
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February 27, 2026
12:34 PM
You are only able to view the State tax return summary without paying the TurboTax account fees.
Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View ...
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You are only able to view the State tax return summary without paying the TurboTax account fees.
Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on (State) Tax Summary on the left side of the screen.
February 27, 2026
12:33 PM
Just received corrected 1099-DIV after filing return via Turbo Tax. Qualified and Non-Qualified dividend amounts changed. Do i need to file an amended return?
February 27, 2026
12:33 PM
I reviewed the deduction section, quickly clicking through. Then the fix my retrurn button. Check sections 25 to 35 or so. You need to have a final number even 0.
February 27, 2026
12:33 PM
1 Cheer
After following the steps you outlined in TurboTax to enter the 1099-INT "Nominee Distribution": Q: What are the steps to issue the other person a new form 1099-INT and file it with the IRS? Do ...
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After following the steps you outlined in TurboTax to enter the 1099-INT "Nominee Distribution": Q: What are the steps to issue the other person a new form 1099-INT and file it with the IRS? Do I also have to file form 1096? And is filing the new 1099-INT (and form 1096?) with the IRS done through (snail) mail (versus through Turbo Tax)?
February 27, 2026
12:33 PM
Within Schwab you may have to go into Security settings, then to Linked Apps and remove prior connections to Schwab. Open TurboTax and delete any 1099 connections to Schwab, then restart application....
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Within Schwab you may have to go into Security settings, then to Linked Apps and remove prior connections to Schwab. Open TurboTax and delete any 1099 connections to Schwab, then restart application. I had to do that to clear any old cache. Restart TurboTax and make connection and Import. May have to do a few times to see if Import worked. Also there should be data in PDF, XML and CVS. If not, in my case I had to contact Schwab support to re-load new files.
February 27, 2026
12:33 PM
Where do we enter senior tax deduction in Turbo Tax
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February 27, 2026
12:32 PM
Yeah the trashcan doesn't work. I hit the trashcan and it opens a page to update my state return...not delete it. I can't even go through with an option to "file later", it is trying to force me...
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Yeah the trashcan doesn't work. I hit the trashcan and it opens a page to update my state return...not delete it. I can't even go through with an option to "file later", it is trying to force me to file...but I can't because I don't qualify for the working tax credit.... This really needs to be fixed. I've been in this loop of attempting to file my federal for over an hour. Turbotax used to be easy.
February 27, 2026
12:32 PM
I did not receive a K1 for money I inherited from a trust what should I do
February 27, 2026
12:31 PM
My son has had his taxes deposited into my checking for the last 3 years my account shows they were deposited on Feb 24th and today Feb 27 were sent back to the Irs what should we do to get his taxes?
February 27, 2026
12:29 PM
Trying to complete Maryland taxes and noticed a 1500.00 credit for Quality Taught Incentive. Well, I am not a teacher and would like to have the credit zeroed out or the form deleted from the return.
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February 27, 2026
12:28 PM
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February 27, 2026
12:28 PM
You may generate the pdf of the tax return before submitting. Review form 1116
February 27, 2026
12:27 PM
Note: I have deleted form 5695 and answered all of the Home Energy Credit interview questions three separate times before posting this 'Request for Help' form Turbo Tax. After answering all the inte...
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Note: I have deleted form 5695 and answered all of the Home Energy Credit interview questions three separate times before posting this 'Request for Help' form Turbo Tax. After answering all the interview questions for deductions and credits for Home Energy Credits - Form 5695 is not being populated/filled out properly. The software is giving me credit for Solar Panel Project I installed; but it is not giving me credit for the Heat Pump Water Heater that I installed. In the 'forms' area, Form 5695 is flagged with a red exclamation point, and is labeled as "(Not Done)". Upon inspection of the line items on the form, I noticed the following issues: Line 21a and 21b are not marked as Yes or No, even though I answered questions in the interview section as 'Yes' Line 21c has my correct address listed - BUT - it is Red Text on a Pink background (indicating some type of issue). Line 29h is filled in with a '0' - BUT - It should be filled in with '596' - BECAUSE - line 29g is 1,988 AND line 29h should be Line 29g multiplied by 0.30 (1,988 X 0.3 = 596). Line 30 should be 596 - BUT - it is '0' Since line 29h is improperly filled out with a '0'. HELP
February 27, 2026
12:27 PM
Do they have different letters? 1098-T, 1098-E, C, F or are they all the same letter? Did you have a loan sold to create the extra forms or refinance?
You would have a form from each loan servicer....
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Do they have different letters? 1098-T, 1098-E, C, F or are they all the same letter? Did you have a loan sold to create the extra forms or refinance?
You would have a form from each loan servicer. Depending on what this is for, we can review rules and amounts.
Would you please tell us more about your forms so we can help you?