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Yes.  It is based on age, still working does not affect it nor does still contributing. However, if your 401k is with your current employer, you would NOT have to take a RMD from that 401k yet.  
Under the recent "One Big Beautiful Bill Act" (OBBBA), the credit has been slightly expanded for the tax returns you are filing right now. Here is the breakdown to help you determine if you qualify: ... See more...
Under the recent "One Big Beautiful Bill Act" (OBBBA), the credit has been slightly expanded for the tax returns you are filing right now. Here is the breakdown to help you determine if you qualify:   1. How Much is it Worth? Maximum Credit: For the 2025 tax year (filing in 2026), the credit is up to $2,200 per child under age 17.   Refundable Portion: If you don’t owe any taxes, you can still get up to $1,700 per child back as a refund (known as the Additional Child Tax Credit).     2. Do You Meet the Eligibility Tests? To claim the credit, you and your child must generally meet these IRS requirements:   Age: The child must have been under 17 at the end of 2025. Relationship: They must be your son, daughter, stepchild, foster child, sibling, or a descendant of one of these (like a grandchild or nephew). Residency: The child must have lived with you for more than half the year. Support: The child must not have provided more than half of their own financial support. ID Requirement: Both you and the child must have a valid Social Security Number (SSN). (Note: Under the new law, at least one parent must have an SSN; ITINs alone no longer qualify for the CTC).   3. Income Limits The credit begins to "phase out" (meaning you get less) if your income is above certain levels:   Single or Head of Household: Starts decreasing at $200,000. Married Filing Jointly: Starts decreasing at $400,000. Minimum Income: To get the refundable portion ($1,700), you must have earned at least $2,500 in 2025.  
I set it up with with my routing number and account when I filed my taxes
How can I uncheck the box for Form 2210: Part II, Box A
You would list it as disposed of or stopped using. To enter the disposition of a business asset take the following steps:  go to the Self-Employment section and select edit next to your vehicle.... See more...
You would list it as disposed of or stopped using. To enter the disposition of a business asset take the following steps:  go to the Self-Employment section and select edit next to your vehicle.  Go through the steps and check the box that says I stopped using this vehicle in 2025 You will need to say you sold this vehicle When you are asked for the sales price enter any insurance payouts you received.  Continue through answering the questions so that the property and any payouts can be properly allocated this will give you the gain or loss on the disposal   The amount you can deduct as the basis will be limited by: value of the car versus depreciation taken Insurance payout percent of use for business versus personal Since you have been using it for 10 years, it would have $0 value for the asset if you have been depreciating it over time.  
@Bigelow2024   To file 2024 now you will have to print it out and mail it.   How to Access prior year online returns https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-pri... See more...
@Bigelow2024   To file 2024 now you will have to print it out and mail it.   How to Access prior year online returns https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/00/27010 Are you doing 2025 in the same account?   If you can't get the side menus to open up to access the prior year..... You need to start entering some basic Personal Info in 2025 for the side menu to open up. Just continue a little ways into 2025. I had to go though about 12 screens.
Yes, switching to a laptop or desktop browser is the best way to fix this, as the mobile app often lacks the specific interface needed to resolve "stuck" state ID errors. The Utah withholding number ... See more...
Yes, switching to a laptop or desktop browser is the best way to fix this, as the mobile app often lacks the specific interface needed to resolve "stuck" state ID errors. The Utah withholding number must be exactly 14 characters (usually 11 digits followed by wth), and even a small typo or invisible space can cause a loop that the phone app cannot always edit directly. 
these automated a.i replies gotta stop. Can’t even read my post properly without spewing some auto generated nonsense from the first google search. Turbo tax REQUIRES box 15 have numbers even though ... See more...
these automated a.i replies gotta stop. Can’t even read my post properly without spewing some auto generated nonsense from the first google search. Turbo tax REQUIRES box 15 have numbers even though I am in Texas. Is that a more clear and typed out issue?
how do i upload 2025 tax program that i already paid for
The "Tax on Excess Accumulation" is triggered when the software believes you failed to withdraw your Required Minimum Distribution (RMD). This calculation is based solely on how the questions are ans... See more...
The "Tax on Excess Accumulation" is triggered when the software believes you failed to withdraw your Required Minimum Distribution (RMD). This calculation is based solely on how the questions are answered in TurboTax, not on your actual bank records. If you took your RMD, or donated it via a Qualified Charitable Distribution (QCD), but are still seeing a penalty, the software hasn't correctly linked your distribution to your RMD requirement.   Here is some guidance on how to split your RMD and Charity in TurboTax:    On your Form 1099-R, look for the Code used in Box 7. It might have a "Y" Code. If this code was used, it tells the IRS that the money was a distribution to charity. However, if you see Code 7, which means regular distribution, you will still be able to indicate how much of your distribution went toward charitable contributions. Here are the steps to follow:   Go to Income on the left panel within your TurboTax account Select Wages and income summary located at the bottom of the drop down menu Click Add/Edit to the right of IRA, 401(k), Pension Plan Withdrawals (1099-R) Click on +Add a 1099-R Change how I enter my form box On the next screen, select Edit to the right of your Form 1099-R with the QCD,  then Continue Enter the details from your Form 1099-R, checking for which Distribution Code was used in Box 7 (or review if imported) Ensure the IRA/SIMPLE/SEP box is checked, then Continue Continue answering the questions, pressing Continue to advance When you reach, Do any of these situations apply to you?, check the box that reads, I transferred all or part of this money directly to charity, Continue Next, write in the total amount of your RMD* (Don't include your donation amount yet) Next, check the, Some of this distribution applied to the December 31, 2025 RMD and enter your RMD again On the next screen, How much did your provider transfer directly to charity?, enter the amount of your total distribution that was your QCD, Continue Continue answering questions. When you reach, Let's go over any required...(RMD), click Continue (not the pencil)    Note: The above steps should clear the error, but it may be necessary to delete Form 5329 that was already triggered by doing the following:   Go to Tax Tools on the left hand panel inside of TurboTax Click on the down arrow and scroll down to Tools Click on Tools and select Delete a form from the menu items that appear in the Tool Center Click on the trash can icon to the right of Form 5329   *If you satisfied your total RMD by taking distributions from multiple accounts, do not enter your total RMD amount on every 1099-R. Only enter the specific portion of the RMD that applies to that individual form.
The filing of a deceased taxpayer's final return usually falls to the executor or administrator of the estate, but if neither is named, then the task needs to be taken over by a survivor of the decea... See more...
The filing of a deceased taxpayer's final return usually falls to the executor or administrator of the estate, but if neither is named, then the task needs to be taken over by a survivor of the deceased, i.e. yourself.   The final return is filed on the same form that would have been used if the taxpayer were still alive, but "deceased" is written after the taxpayer's name. The deadline to file a final return is the tax filing deadline of the year following the taxpayer's death.   Only income earned between the beginning of the year and the date of death should be reported on the decedents’ final return. Earnings after the date of death are taxable to the beneficiary of the account or to the estate.   When filing the final tax return for the deceased, TurboTax Online will ask whether the return is being filed for someone who has passed away in the My Info section. TurboTax will then report "Deceased" on the return. On the page titled Let's check for some other situations, put a check mark next to I am preparing this return for [Name], who has passed away, and enter the date of death.    For more information, please read this TurboTax article.   I am sorry for your loss.
TurboTax Online: Important Details about Filing Simple Form 1040 Returns If you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Ch... See more...
TurboTax Online: Important Details about Filing Simple Form 1040 Returns If you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit or student loan interest), you can file for free yourself with TurboTax Free Edition, or you can file with TurboTax Live Assisted Basic at the listed price. Roughly 37% of taxpayers are eligible. Examples of situations included in a simple Form 1040 return (assuming no added tax complexity): W-2 income Interest, dividends or original issue discounts (1099-INT/1099-DIV/1099-OID) that don’t require filing a Schedule B IRS standard deduction Earned Income Tax Credit (EITC) Child Tax Credit (CTC) Student loan interest deduction Taxable qualified retirement plan distributions   Examples of situations not included in a simple Form 1040 return: Itemized deductions claimed on Schedule A, like charitable contributions, medical expenses, mortgage interest and state and local tax deductions Unemployment income reported on a 1099-G Business or 1099-NEC income (often reported by those who are self-employed, gig workers or freelancers) Stock sales (including crypto investments) Income from rental property or property sales Credits, deductions and income reported on other forms or schedules        How can I see my TurboTax  fees?  https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US?uid=m682vq7k   If your TurboTax fees are higher than expected, you can reduce them by removing add-ons     (BEFORE you e-file) :   Remove Premium Services Remove MAX Defend & Restore Remove a state Remove PLUS Help & Support Remove Pay With Your Refund     Or—-Use this IRS site for other ways to file for free.  There are 8  free software versions available from the IRS Free File site   https://apps.irs.gov/app/freeFile/
Sch ADJ for additions and subtractions is used with code 104. You will submit that form with your amended. To enter: Open Virginia state Look for a screen titled "Here's the income Virginia h... See more...
Sch ADJ for additions and subtractions is used with code 104. You will submit that form with your amended. To enter: Open Virginia state Look for a screen titled "Here's the income Virginia handles differently" or "Virginia Subtractions and Deductions." If you see a list of categories, look for "Education" or "College Savings."  Look for  "Did you make any contributions to a Virginia 529 plan (Virginia529 or CollegeChoice)?" Select "Yes." You will be prompted to enter the Account Number (or a nickname) and the Amount Contributed. Caution: If you have multiple accounts (e.g., one for a son and one for a daughter), ensure you enter them as separate entries. This allows the software to apply the $4,000 deduction per account rather than capping you at $4,000 for the entire family.
Do I have to have a w2? I have ssa1099 and 1098
To enter in TurboTax: Go to Federal > Deductions & Credits > Estimates and Other Taxes Paid > Sales Tax. Use the "Easy Guide" or similar prompts. TurboTax will allow you to add multiple locat... See more...
To enter in TurboTax: Go to Federal > Deductions & Credits > Estimates and Other Taxes Paid > Sales Tax. Use the "Easy Guide" or similar prompts. TurboTax will allow you to add multiple locations. Enter the specific dates you lived in South Carolina and then select "Add a Location" to enter the dates for Florida.  TurboTax will automatically choose the higher value between your State and Local Income Tax (common in South Carolina) or your State and Local Sales Tax (common in Florida) to maximize your deduction.  Note: Sales tax is an itemized deduction. It only benefits you if your total itemized deductions exceed your Standard Deduction
it was done on turbo tax online not the desktop. I also did follow the steps you mentioned above, could not access the page you screenshotted in your last reply.    how do i access that it is not o... See more...
it was done on turbo tax online not the desktop. I also did follow the steps you mentioned above, could not access the page you screenshotted in your last reply.    how do i access that it is not on the documents tab mentioned above.
State tax withholdings from your W-2 don't automatically flow to Schedule A as state tax payments because withholding is a prepayment of tax, not a deduction itself. Only the total amount of state in... See more...
State tax withholdings from your W-2 don't automatically flow to Schedule A as state tax payments because withholding is a prepayment of tax, not a deduction itself. Only the total amount of state income tax you actually paid, including withholding and any estimated payments, can be claimed as a deduction on Schedule A under state and local taxes. The withholding amount on your W-2 is recorded in your tax return to credit your state tax payments but does not directly transfer to Schedule A without the state tax calculation process. Make sure the state withholding amounts are entered correctly in TurboTax in boxes 15-17 on the W-2 entry screen. The program then calculates your total state tax paid and determines the allowable deduction on Schedule A. If state withholding doesn't appear on Schedule A, it may be due to state tax credits, tax allocation between states, or limits under the SALT deduction cap.
I entered a value for qualified dividends in the f1116 worksheet and it worked. Because of the way HTKO is structured, I would avoid using the interview and use the worksheet only.