All Posts

We are currently looking into this experience and would like to take a deeper look at this. However, we need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:   TurboTax Online:   Sign into your online account. Locate the Tax Tools on the left-hand side of the screen. A drop-down will appear. Select Tools On the pop-up screen, click on “Share my file with agent.” This will generate a message that a diagnostic file gets sanitized and transmitted to us. Please reply to this message and provide the Token Number that was generated in the response.   TurboTax Desktop/Download Versions:   Open your return. Click the Online tab in the black bar across the top of TurboTax and select “Send Tax File to Agent” * This will generate a message that a diagnostic copy will be created.  Click on OK and the tax file will be sanitized and transmitted to us. Please reply to this message and provide the Token Number  (including the dash) that was generated in the response.   *(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)  @vgg659 

No, you can’t deduct interest paid on personal loans, credit cards, or dental financing plans if they’re used for personal expenses—including medical or dental bills.   The IRS treats this as personal interest, just like interest from a car loan or credit card. Only certain kinds of interest, like mortgage, student loan, or business loan interest, are deductible.   If your grandson is your dependent, you may claim the loan principal as an itemized medical expense provided you itemize your deductions. Medical and dental expenses are only deductible to the extent that they exceed 7.5% of your Adjusted Gross Income (AGI).    Also, if you claim the standard deduction for the year, then the expense will not benefit you.

Thank you for your reply.  And sorry for the confusion.  I meant to say that the only out-of-pocket expense was the total premium my wife paid for Medicare and that was $1600.  So I will enter that in the box on the "Medical Expenses" page, as you instructed.  Thanks again.

Thank you, I've already contacted TurboTax and we figured it out: software purchased through Costco appears to have this problem. The software purchased from Intuit directly does not have this automated Audit Defense charge.

When you prepare your tax return, make sure that in MY INFO you enter your current mailing address so that the IRS and your state have it---they need the correct address in case they need to mail you a letter or a check.   You can also update your TT account: UPDATE MY ACCOUNT https://ttlc.intuit.com/community/account-updates/help/how-do-i-update-my-turbotax-account-information/00/25927