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"No tax on Social Security" is not the reality of the tax law changes, although Donald Trump is still trying to claim that it is.   Instead, there is a "senior deduction" in effect that increases the standard deduction for people who are 65 or older for the next several years.  The senior deduction is unrelated to whether you are receiving Social Security.   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       TAX ON SOCIAL SECURITY Up to 85% of your Social Security benefits can be taxable on your federal tax return.  There is no age limit for having to pay taxes on Social Security benefits if you have other sources of income along with the SS benefits.  When you have other income such as earnings from continuing to work, investment income, pensions, etc. up to 85% of your SS can be taxable.     What confuses people about this is that before you reach full retirement age, if you continue working while drawing SS, your benefits can be reduced if you earn over a certain limit. (For 2021 it was  $18,960.  For 2022 it was  $19,560  —  for 2023 $21,240)  For 2024, $22,320.  For 2025 it will be $23,400; 2026   $24,480   After full retirement age, no matter how much you continue to earn, your benefits are not reduced by your earnings; your employer will still have to withhold for Social Security and Medicare.  If you work as an independent contractor then you will pay self-employment tax for Social Security and Medicare.   To see how much of your Social Security was taxable, look at lines 6a and 6b of your 2025 Form 1040   https://www.irs.gov/help/ita/are-my-social-security-or-railroad-retirement-tier-i-benefits-taxable   You need to file a federal return if half your Social Security plus your other income is   Single or Head of Household      $25,000 Married Filing Jointly                  $32,000 Married Filing Separately            $0   Some additional information:  There are 9 states that tax Social Security—Colorado, Connecticut,, Minnesota, Montana, New Mexico, Rhode Island, Utah, Vermont  and West Virginia These states offer varying degrees of income exemptions, but two mirror the federal tax schedule: MN and VT.    

The tax on Social Security was not eliminated per statute; instead, it was reduced for many taxpayers by the introduction of a new deduction.   The previous paradigm of paying tax on up to 85% of Social Security still exists. Only taxpayers who are on the edge of Social Security tax thresholds will go from paying some tax on Social Security to no tax.

The total permissible contribution between you and your your wife is $7,838.  However, your contribution to your own HSA is limited to $4,988 based on your 7 months months of eligibility.  The remaining $2,850 of the overall contribution limit would have to be contributed by your wife to your wife's HSA.  With your wife's employer having already contributed $1,167 on behalf of your wife and you having contributed $4,988 to your own HSA, that leaves $1,683 that can be contributed to your wife's HSA without exceeding contribution limits.   Alternatively, the entire $7,838 contribution limit could be allocated to your wife, so she could make a $6,671 additional contribution to her HSA if you contribute $0 to your HSA.

@mrthom74 You must be a top 12% of seniors income earners if you are not seeing no tax on social security.  For tax years 2025–2028, most seniors (65+) pay no federal tax on Social Security due to a new $6,000/$12,000 deduction, provided income is below $75,000 single/$150,000 joint. While not fully eliminated for all, this deduction significantly reduces tax liability, aiming to exempt 88% of seniors.   Review FORM 8582 to see the calculations TT did for you. The vast majority will have no tax on their social security,  which once again is not a benefit to the richest.

Thank you for your prompt reply. Good to hear not necessary to rush to amend before the 15th. I am due for a refund on my 1040 SR but requested it be applied to my 2026 year. Hopefully will cover any additional tax owed with the increase in 1099 amounts that impact updated Schedules B and 8949   Does the 1040X form allow to import the updated 1099 DIV and 1099 B data from the bank? And can I assume the State return will be updated as well with both the Federal and State electronically submitted on my Turbo Tax desktop account.?   Much appreciated.

I think I know what went wrong with my Michigan tax return, as I was going to submit an   amendment, I noticed Turbo Tax now says to use Adobe Reader to print with, due to some government agencies not being able to recognize forms printed via other software. I don’t know when this note was added, but I filed very early with printed forms that did not use Adobe Reader.   I wish the State would have said form not readable as the reason for removing the subtraction, but they also knew what the amount was?!

@mansfieldjessica2  Sadly, Once your return is ACCEPTED by the IRS there is no way to change how you can get your refund.  If by any chance, it gets rejected though you can edit the check option before resubmitting your return.   Do note the IRS under under Executive Order 14247 delaying many check and other refunds this year. Users are now getting CP53E notices and having to create IRS.gov accounts and  tax refunds will be delayed for extended time. So please make sure to start your IRS.gov account as soon as you can to avoid this.   If you choose a bank account direct deposit, many banks are also rejecting refunds unless SSN matches.  

TurboTax does not support or help with Form 709.  Form 709 is not part of an income tax return.   Gifts given to family members, friends or other individuals are not deductible.   Gifts received are not taxable to the person who received the gift, and are not entered on a tax return.   If your gift exceeds the yearly limit ($19,000 per individual)  imposed by the gift tax rules, then you will need to complete a Form 709 gift tax form and send it to the IRS, although it is very unlikely that you will owe any tax.   TurboTax does not support Form 709.  It is not an income tax form and would not be included as part of an income tax return.   Here is a link to the form: https://www.irs.gov/pub/irs-pdf/f709.pdf   https://turbotax.intuit.com/tax-tips/estates/the-gift-tax-made-simple/L5tGWVC8N     Here's a link for Form 709 preparation software:  https://www.puritas-springs.com/product-category/federal   Here are some useful videos on the Form:   https://www.youtube.com/watch?v=a5wJow5h-No   https://www.youtube.com/watch?v=5Z_28sVOrTY    

TurboTax does not support IRS Form 709 so you have to complete the form yourself.  Then you have to print, sign, date and mail the form to the IRS.   Go to this IRS website for Form 709, United States Gift (and Generation-Skipping Transfer) Tax Return - https://www.irs.gov/forms-pubs/about-form-709