All Posts

for your situation if you don't want to download Turbo s/w and file by mail, look into FreeTaxUSA for prior year filing - can't vouch for them directly but they have all these back years available for prep online and 2024/3 may still be able to e-file if you have an IP PIN; 2022 will certainly need to be mailed.

In order to be able to answer your post correctly, I need to know if this contribution was made by you directly to the HSA administrator in January 2026, or if this contribution was made by your employer but not reported on your W-2.   In the former case, please do the following: re-enter the HSA interview,  proceed to the screen titled "Let's enter [name]'s HSA contributions".  Any contributions that you made directly to the HSA administrator whether in 2025 or Jan 2026 need to be added on the second line "personal" contributions.  Please understand that the IRS considers any contributions made by payroll deductions to be "employer", not "personal" contributions, even if you consider them to be personal.   In the latter case, if the employer did not include this January 2026 amount in box 12, code W on your W-2, then do the following: enter the HSA interview On the screen titled "Do any of these situations apply to [name]?", check "[name] had other company contributions that weren't reported to their W-2 or apply to a previous year. Hit Continue The next screen will have three lines. You will enter the missing dollar amount on the third line - "Contributions not reported in Box 12 of your W-2" The amount will be used in the calculation for excess contributions (if any) and will appear on your 8889.

Under Additional taxes and repayments (in Miscellaneous Tax Forms), in Excess ABLE account contribution is the statement "If more than $18,000 was contributed to an ABLE account this year, enter the amount of the excess contribution..."    The correct maximum ABLE account contribution limit in 2025 was $19,000 - not $18,000.  Please fix this.

I have paid and been charged for the 2025 online TurboTax but have not filed; been waiting on TurboTax to update Form 5695. Decided to go with another tax service and have filed through them. How can I receive a refund from TurboTax since I never finished my Return and never filed my taxes for 2025?

Read the following...the $6k is on a separate line on your form 1040 ...the new Sr. $6k is on line 13b, while the increased Sr. Std Deduction is on line 12e :   Re: Can you tell me why I am not seeing the additional senior deduction. I see the $2000 added to my standard deduction but I don't see the additional $6000

It will be taxed at the ordinary income tax rate. Gambling winnings aren't taxed at a single fixed "gambling rate." Instead, they are added to your other income (like your salary) and taxed at your ordinary marginal income tax bracket.

To clarify, are you trying to claim scholarship income or are you trying to use it for an education credit?    If the school is not accredited, you cannot use the expense for an education credit. If you are Self-Employed and the education was taken to improve your work skills, you might be able to take the tuition as a business expense.     

It's possible that the error that you are seeing has been fixed.  I entered in the amount of $70,000 for the elective deferral and $7,500 for the catch up contribution and it calculated $77,500 for the total Individual 401(k) contribution.  I tested the program a little further and entered $71,000 for the elective deferral and $7,500 for the catch-up and the program correctly determined that this was an excess contribution - and had $78,500 for the correct total contribution.

The Quick Employer Forms only supports e-filing of the forms with the IRS and Social Security Administration. Copy A of the Form 1099 and W-2 are only used for e-filing and are not provided for printing.   See Quick Employer Forms FAQ Quick Employer Forms | Common Questions (FAQ)

@Mike9241 wrote: .....just as W95, Vista, XP, W7 & 8 are no longer supported, it's only a matter of time before w10 faces the same fate.  Exactly, and switching to another program needs to be recognized as a short-term solution; sooner or later that program will require Windows 11.