All Posts

I reduced the amounts of medicare withheld on all three w-2's on my tax return as you suggested and am still being charged additional medicare taxes.  Our total income (married, joint return) are less than $200,000 and am being charged over $7,000 in additional medicare taxes.  Feels like a flaw in Turbotax - is there a way to manually eliminate the charge and can I assume that a VERY NEAR FUTURE update to Turbotax will correct this error????  VERY DISAPPOINTING!

Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund.   If accepted by the IRS use the federal tax refund website to check the refund status - https://www.irs.gov/refunds If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...   After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website.

Yes.  I actually did tried that.  Like minds think alike  🐵   Her name in 2024 showed her first and middle names both in the First Name box and the M.I. box was blank.  I fixed that (2024) and saved.  I then tried to transfer again and got stuck at the same spot.  Neither member showed up so I added myself and then tried to add Cindy and it immediately responds "Was the a change of ownership in 2025?"  I say no and then it stops me as if I am stealing bubble gum from Walmart....

The return that gets e-filed the IRS doesn't have fields for the cents - TurboTax will automatically round off any cents amounts reported to dollar amounts.  This follows instructions from the IRS - the following is on page 23 of the instructions for Form 1040:   "Rounding Off to Whole Dollars You can round off cents to whole dollars on your return and schedules. If you do round to whole dollars, you must round all amounts. To round, drop amounts under 50 cents and increase amounts from 50 to 99 cents to the next dollar. For example, $1.39 becomes $1 and $2.50 becomes $3. If you have to add two or more amounts to figure the amount to enter on a line, include cents when adding the amounts and round off only the total. If you are entering amounts that include cents, make sure to include the decimal point. There is no cents column on the form."

If she earned more than $5200 in 2025 she cannot be claimed as anyone else's dependent.  She is too old to be a qualifying child dependent and if she had more than $5200 of income --not counting any Social Security-- she cannot be a qualifying relative dependent.

No.   As she is 24 and only a part-time student, and works full time with a gross income of more than $5,200, you cannot claim her as a dependent.   Please read this TurboTax article on Who Can I Claim as a Tax dependent?  

TurboTax is using the correct amount. The rules for the standard deduction do not apply to the deduction for seniors. IRC Section 151(d)(5)(C)(iii)(I) says "In the case of any taxpayer for any taxable year, the $6,000 amount in clause (i) shall be reduced (but not below zero) by 6 percent of so much of the taxpayer’s modified adjusted gross income as exceeds $75,000 ($150,000 in the case of a joint return)." Filing as QSS is not a joint return. The IRS instructions for Schedule 1-A Part V (on page 110 of the Instructions for Form 1040) say: "The $6,000 per person amount is reduced if your MAGI is more than the amount shown next for your filing status. • Married filing jointly—$150,000. • Single, Head of household, or Qualifying surviving spouse—$75,000."