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7 hours ago
Why is the $6000 senior credit not showing up when I enter my information. I am over 65 and under the income limit. I am using the "do it yourself" tax product.
7 hours ago
Then why did i get the email saying it was ready, if the desk top version isn't ready
7 hours ago
VolvoGirl, thanks for responding! I send out about 10 of the NEC each year, all of the other payees are listed as getting a NEC. This one payee's form for some reason is listed as getting a MISC,...
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VolvoGirl, thanks for responding! I send out about 10 of the NEC each year, all of the other payees are listed as getting a NEC. This one payee's form for some reason is listed as getting a MISC, I assume that is what he received in previous years. It seems that selecting the kind of form that you want to send to a particular payee should be rather straight forward. I'm baffled!
7 hours ago
I see Vanguard says will be available on Jan 29. The forms you see online are not the special import files. Those take longer to make. The 1099 statements you see are just the pdf files.
7 hours ago
I was overpaid in 2024 and paid the USA back $ 4656.27 in 2025 where do I put this amount on my return
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8 hours ago
Thanks for this response. I'm a retired minister so am permitted to deduct from line 5a an amount attributable to the costs of providing a home -- an archaic practice, but still a protected benefit. ...
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Thanks for this response. I'm a retired minister so am permitted to deduct from line 5a an amount attributable to the costs of providing a home -- an archaic practice, but still a protected benefit. My pension board sends a 1099-R with a total and checks "taxable amount not determined." I enter that total amount on 5a, then enter an explanatory statement about deducting housing costs and the net amount on 5b. I'll be philosophical: either they accept it 'cause I've done this for 50 years, or they ask for clarification and I'll send it in.
8 hours ago
What code is in box 7 on the 1099R? If you are looking at a summary screen or review screen those show the full amount as income and lump a lot of stuff together. You need to check the actual 1040...
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What code is in box 7 on the 1099R? If you are looking at a summary screen or review screen those show the full amount as income and lump a lot of stuff together. You need to check the actual 1040 form and make sure it's right. Check lines 4b & 5b for any taxable amounts. For a rollover line b should be zero or just the taxable amount and the word Rollover by it. Before filing you can preview the 1040 or print the whole return https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160
8 hours ago
The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A ...
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The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. Turbo Tax automatically includes it if you qualify. If you are married you have to file a Joint return. For Online version you can preview the 1040 https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160 See the 1040…….
8 hours ago
I resolved this issue by trying to uninstall Visual C++ distributions in my system but choose "repair" when the window pops up. I have two distribution versions, and I did this to both versions. Afte...
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I resolved this issue by trying to uninstall Visual C++ distributions in my system but choose "repair" when the window pops up. I have two distribution versions, and I did this to both versions. After rebooting, Turbotax 2025 can load again. Hope this can help others with similar issues.
8 hours ago
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8 hours ago
Yes Turbo Tax has all the new senior tax breaks. Are you looking for the new $6,000 Senior Deduction? The new Senior Deduction is separate and in addition to the Standard Deduction or your Item...
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Yes Turbo Tax has all the new senior tax breaks. Are you looking for the new $6,000 Senior Deduction? The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. Turbo Tax automatically includes it if you qualify. If you are married you have to file a Joint return. For Single the deduction starts to phase out at 75,000 and maxes out at 175,000 For Joint the deductions starts to phase out at 150,000 and maxes out at 250,000 For Online version you can preview the 1040 https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160 See the 1040…….
8 hours ago
1 Cheer
Write a letter: Intuit Inc. Attn: Consumer Tax Group 2800 E Commerce Center Place Tucson, AZ 85706
8 hours ago
The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A ...
See more...
The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. Turbo Tax automatically includes it if you qualify. If you are married you have to file a Joint return. For Single the deduction starts to phase out at 75,000 and maxes out at 175,000 For Joint the deductions starts to phase out at 150,000 and maxes out at 250,000 For Online version you can preview the 1040 https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160 See the 1040…….
8 hours ago
To me, release notes are for 0.05% changes. Real corner case-type stuff. Improvements in UI. Fixing spelling and formatting, perhaps a hung screen if there's a data disconnect. Incomplete stat...
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To me, release notes are for 0.05% changes. Real corner case-type stuff. Improvements in UI. Fixing spelling and formatting, perhaps a hung screen if there's a data disconnect. Incomplete status at the headline level (retirement income is a major heading) is a BIG omission. It needs a dialogue box when the program launches essentially saying the software's not done.
8 hours ago
I followed the instructions and re-loaded the data. It is still not allowing me to claim the home office deduction. The business does have a net profit. Is a patch coming?
8 hours ago
Also there is a problem saying it's encrypted. Many posts about encryption. Here's one..... https://ttlc.intuit.com/community/taxes/discussion/getting-the-selected-file-is-not-a-previous-year-tax-...
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Also there is a problem saying it's encrypted. Many posts about encryption. Here's one..... https://ttlc.intuit.com/community/taxes/discussion/getting-the-selected-file-is-not-a-previous-year-tax-file-or-it-is-corrupted-choose-a-different-file/01/3726116 However, I did get it to work! I opened my old tax return in the 2024 version and selected duplicate. It was recommended I encrypt the file but I declined. This version was able to be uploaded into online.
8 hours ago
i restarted my computer and uninstalled and re-installed turbotax. The SSA-1099 update still does not work. It simply returns me to the top of the income list.
8 hours ago
I have opted out of balance sheet schedule L on form 1065 but error check keeps showing error on Schedule L. Deleted form L but form L returns. Is it just because form 1065 is not yet complete? Only...
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I have opted out of balance sheet schedule L on form 1065 but error check keeps showing error on Schedule L. Deleted form L but form L returns. Is it just because form 1065 is not yet complete? Only accessible through interview and not forms view?
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8 hours ago
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 ...
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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.