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No.   End-of-year bonuses are taxable and do not qualify for the overtime deduction.
I confirmed that.  I'll let the Mod know.  The amount on line 5e is right.  
No.  A bonus is not overtime.   Your bonus will be on your W-2 in box 1.   The software will reconcile whether you  owe tax or get a refund based on the amount in box 2 that shows how much tax was wi... See more...
No.  A bonus is not overtime.   Your bonus will be on your W-2 in box 1.   The software will reconcile whether you  owe tax or get a refund based on the amount in box 2 that shows how much tax was withheld from all of your income including the bonus.
Your other option is to delete the California State return and start over. This time, don't check the box for "Final" return. Open or continue your return. Select State Taxes from Tax Home. ... See more...
Your other option is to delete the California State return and start over. This time, don't check the box for "Final" return. Open or continue your return. Select State Taxes from Tax Home. On the Status of your state returns screen, select the trashcan icon next to your state, then select Delete. If you’ve already paid your state fees, you can’t delete your return, but you can start over by selecting Start Over next to your state return on the Status of your state returns screen.
Distribution code from 1099-SA in Box 3 is 2.  W-2 had code W in Box 12 but excess was not added back to Other income in Schedule 1040, line 8f.  That appears to be the problem and I do not know how ... See more...
Distribution code from 1099-SA in Box 3 is 2.  W-2 had code W in Box 12 but excess was not added back to Other income in Schedule 1040, line 8f.  That appears to be the problem and I do not know how to resolve.  Also, does TurboTax determine the excess contributions or use the amount from 1099-SA.
Please use the link below to contact us regarding your questions. How do I contact TurboTax?   @user17737214313 
Received end of year bonus- are there any addition deductions?
The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO.  You do not need to take any extra steps to enter it. (And…the new... See more...
The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO.  You do not need to take any extra steps to enter it. (And…the new senior deduction has nothing to do with whether you are getting Social Security)   The deduction is not on the same line as your standard deduction.  It is shown separately on line 13b.     2025 STANDARD DEDUCTION AMOUNTS SINGLE $15,750  (65 or older/legally blind + $2000) MARRIED FILING SEPARATELY $15,750  (65 or older/legally blind +1600) MARRIED FILING JOINTLY $31,500  (65 or older/legally blind + $1600) HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)     For 2025 through 2028 there is an extra  deduction amount of up to $6000 per individual 65 or older filing Single, MFJ, or HOH which is phased out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.   (The deduction phases out completely at $175.000 Single or HOH, or $250,000 joint)   The $6,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e.  Turbo Tax automatically includes it. IRS Schedule 1-A https://www.irs.gov/pub/irs-dft/f1040s1a--dft.pdf   Need to see it? https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr   If you are not getting the senior deduction it is because Your date of birth in MY INFO shows that you were not 65 by the end of 2025 Your income is too high You are filing married filing separately  
I think you mean you rented the room to an individual and while he was away you also rented it to someone else. There are a maximum of 365 rental days in a year. Any day the room was rented would be ... See more...
I think you mean you rented the room to an individual and while he was away you also rented it to someone else. There are a maximum of 365 rental days in a year. Any day the room was rented would be one rental day, regardless of how it was rented.         
@MrMikeS wrote: Windows 10 Enterprise is still in support. What the blazes is wrong with you people? Did Microsoft incentivize you to do this? Support ends in October and I would suspect that... See more...
@MrMikeS wrote: Windows 10 Enterprise is still in support. What the blazes is wrong with you people? Did Microsoft incentivize you to do this? Support ends in October and I would suspect that very few TurboTax users run Enterprise.
During this process, the program should've asked you for a date you wanted the payment to be debited -- that will be the date the IRS processes the payment. You should look at the printed PDF copy of... See more...
During this process, the program should've asked you for a date you wanted the payment to be debited -- that will be the date the IRS processes the payment. You should look at the printed PDF copy of your extension (Form 4868), and check the cover sheet for the date of your payment. Instructions:   TurboTax Online Open or continue your return. Select Continue or Start on Tax Home to enter your return. Select Tax Tools from the menu. Select Print Center, choose Print, save, or preview this year's return, and follow the instructions. If you haven't yet paid your TurboTax Online fee (or registered, if you're using a free version), you'll need to do so before you can save the PDF.   TurboTax Desktop Open or continue your return. Select File. Select Print/Save for Your Records. Choose to either Save As PDF or Preview Print Copy.
A TurboTax desktop license is only linked to one Intuit account which is entered when the license is installed the first time.   You have to use the same account credentials to install the same l... See more...
A TurboTax desktop license is only linked to one Intuit account which is entered when the license is installed the first time.   You have to use the same account credentials to install the same license code on up to 5 computers.
Please use the link below to contact us regarding your questions. How do I contact TurboTax? @RayMWu 
The combined maximum contribution is calculated on lines 1 through 6 of the worksheet.  It's a pretty simple calculation.  If you're married filing joint it is your (MAGI - $236,000) divided by $10,0... See more...
The combined maximum contribution is calculated on lines 1 through 6 of the worksheet.  It's a pretty simple calculation.  If you're married filing joint it is your (MAGI - $236,000) divided by $10,000 = percentage reduction.   The lower part that you are referring to is a calculation of how much of the maximum contribution each spouse can make based on their individual income.  
I'm assuming that this 1095-A has been issued to you with your social security number as the primary as well as your adult children who are not claimed on your tax return.  If any of that is incorrec... See more...
I'm assuming that this 1095-A has been issued to you with your social security number as the primary as well as your adult children who are not claimed on your tax return.  If any of that is incorrect then the following advice doesn't apply and you need to correct my assumptions.   If your children are going to file their own tax returns then you should allocate the 1095-A with your adult children.  They will not be able to file a tax return without information from a 1095-A on their tax returns because their social security numbers are registered with the health care marketplace.  If they are not filing and you are not claiming them you will most likely receive a notice from the health care marketplace regarding them. 
if the contributions were made through your employer (W-2), the entire amount will be taxable. income in 2025. That's because your contributions reduced box 1 of the W-2.  Any employer match included... See more...
if the contributions were made through your employer (W-2), the entire amount will be taxable. income in 2025. That's because your contributions reduced box 1 of the W-2.  Any employer match included would also be taxable.  
If you made a payment for federal taxes owed, that is not entered on a federal tax return.  If you made a 2025 estimated tax payment -   To enter, edit or delete estimated taxes paid (Federal, St... See more...
If you made a payment for federal taxes owed, that is not entered on a federal tax return.  If you made a 2025 estimated tax payment -   To enter, edit or delete estimated taxes paid (Federal, State, Local) - Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Estimates and Other Taxes Paid On Estimated Tax Payments, click on the start or update button   On Federal estimated taxes for 2025 (Form 1040-ES), click the start button   Federal estimated taxes paid are entered on Form 1040 Line 26
To enter your estimated tax payments made to the IRS in 2025 for your 2025 taxes select the following: Federal Deductions and Credits Estimates and Other Taxes Paid Estimates Federal... See more...
To enter your estimated tax payments made to the IRS in 2025 for your 2025 taxes select the following: Federal Deductions and Credits Estimates and Other Taxes Paid Estimates Federal estimated taxes for 2025
Thomas, thank you for your reply. I learned after contacting online support that while "You can deduct the fair market value (FMV) of the stock if you held it for more than one year and the charity u... See more...
Thomas, thank you for your reply. I learned after contacting online support that while "You can deduct the fair market value (FMV) of the stock if you held it for more than one year and the charity used the stock in furtherance of the mission of the charity" there are limitations. You are charitable contributions are limited to 30% - 50% in some cases. That was the issue I was running into.    In my case I have a carryover to next year but I am disappointed that TurboTax does not display the charitable contributions summary worksheet after taxes have been paid and submitted. I have to trust that the carryover amount will in fact be carried over accurately and completely when I do my taxes next year. This is something that I hope TurboTax will consider changing in future years.
Before starting to amend the tax return, you must wait for the IRS process and accept your return. If the online version does not work, switch to Desktop. Open the link below to see how to do it:... See more...
Before starting to amend the tax return, you must wait for the IRS process and accept your return. If the online version does not work, switch to Desktop. Open the link below to see how to do it: How do I switch from TurboTax Online to TurboTax Desktop? Keep in mind you should only amend after your original return has been completed and any refund or payment has been processed.