All Posts

If you haven't filed yet, you should be able to go back into the return and make corrections in any section that needs it.   If you don't know how to navigate the program, you can reach out to us and we can send you directions to complete the task.

You will see an opportunity to add or correct your Section 179 deduction carryforward on the screen that says Your (name of business) Business when you edit your business entries. Choose the option that says Final Details and then Special Situations on that screen. You will come to a screen that says Do you have any of these other business situations? On that screen choose the option that says I have unused section 179 expenses carrying over from 2024. On the next screen you can enter your section 179 carryover amount.

As a former programmer of income tax software (not Intuit), I can tell you that it is simply not possible for any tax software product to handle every possible tax situation, especially since the tax law changes a little or a lot every year.   TurboTax has the Desktop product in part because it does allow you to make overrides in many situations so that the bottom line number on your return will be correct.   Susan's explanation is on point in telling you how to get a return out with the correct bottom line numbers. And in the, frankly, unlikely event that the IRS sends you a letter questioning how this was entered, all you have to do is respond that you created the return as accurately as you could within the limits of the software. This is an explanation that the IRS will understand, because they, of course, have their own software with its own limits.    P.S. we are not TurboTax Support, we are a Community of TurboTax users complimented by a group of Champs (Superusers) and employees (Susan, myself, and others) who answer tax questions for the gazillions of TurboTax users. If you spoke to people at this number, then those people are TurboTax Support in the conventional sense.

Is this correct?   My 1099-B from Schwab reports the gain/loss on the stock itself.    On the K1 form reporting the sale, subtracting col.4/initial basis from col.5/Cumulative Adj to Basis eliminaes any double counting and results in the Cost Basis that flows to 8949/col.E.  In my case, this results in a loss that flows to scecdule A of the K-1 reducing the ordinary gain which is further offset by applying the Suspended losses from previous years resul;ting in the Ordinary Income that get taxed at normal rates -not capital gains. Am I correct?

Here are some possible solutions to do the upgrade in TurboTax Desktop:   Make sure your computer meets the minimum system requirements. Make sure you have administrator rights on your computer and TurboTax is running as administrator: Right-click the TurboTax icon or setup icon and select Properties. In the Compatibility tab, select the Run this program as administrator box and select OK. In the Control Panel under Internet Options, add https://*.intuit.com to Trusted Sites. Set security level to Medium. Turn off antivirus software and Windows Defender. Add TurboTax Desktop to your allowed apps in Windows Defender. Clean up and defragment your hard drive. Run Windows Update to keep your computer up-to-date. Update your computer's hardware drivers. Update your security software for firewall, virus, and spyware protection. Make sure you're the only user on your computer running TurboTax. If you're not, switch users and sign out of TurboTax from the other account. If you can't do that, shut down your computer and try again.  Troubleshoot TurboTax Desktop for Windows issues @japierson   

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  

It depends. You may not have had a Form 2210, in 2024, if you had no tax liability.  What you may be looking for is the tax on your 2024 tax return, which will be on line 24, Form 1040.   If you don't have your 2024, Form 1040, you can get an IRS transcript of the return. Look for the 'Total Tax' line to get the figure you might need.   If your tax return has been accepted you might also be able to access your transcript from the IRS. Get My IRS Transcript Current Year Transcript Availability If you filed with TurboTax Online, you should check your 'Documents' to see the prior year returns. If you used TurboTax Desktop, you can load your return or find the saved .pdf on your computer if you have the same one. How do I view, download, or print a prior year tax return? Note: How to Avoid the Underpayment Penalty in 2026:  In general, you may owe the penalty for 2026 if the total of your withholding and timely estimated tax payments didn’t equal at least the smaller of:  90% of your 2026 tax, or  100% of your 2025 tax. Your 2025 tax return must cover a 12-month period. Special rules for certain individuals.  Note: High-income taxpayers.  If your adjusted gross income (AGI) for 2025 was more than $150,000 ($75,000 if your 2025 filing status is married filing separately), substitute 110% for 100% in (2) above.  

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  

You get a credit, not tax.  AL does not tax the rollover. The federal does not tax the rollover. Since it is not taxable, the IRS says not to include the Q in your return. You do want to keep the Q and your paperwork trail showing it is not taxable.   AL actually allows you a deduction for contributions to AL 529 which includes rollover amounts. You can claim a deduction up to $5,000 or $10,000 MFJ. Be sure to enter your deduction for your AL College Counts 529.   As you go through the AL state program, look for Did you contribute to an AL 529 College Savings Plan? Enter your allowed amount.

Who filed first?   If you filed first, after saying that no one can claim you, you will cause your parent's return to be rejected by the IRS when they try to e-file.    If they filed first and claimed you, then your return that says no one can claim you will be rejected and you will need to change how you answer the question about whether you can be claimed and re-file.       If you filed first:   I SHOULD HAVE SAID I COULD BE CLAIMED AS A DEPENDENT   Did you say you could not be claimed as someone else’s dependent, but it turns out your parent(s) can claim you?  Now your parents’ return is being rejected when they e-file, or it will be rejected.    Your part in fixing this will be to wait until the IRS has fully processed your tax return, and then you must amend your own return.  You use a form called a 1040X.   You will go to MY INFO and go through the interview questions to the one that asks if someone else can claim you as a dependent.  Say YES.   Meanwhile, your parent(s) do not need to wait for you to amend.  Waiting will not help them at all.   They can either print, sign and date their return in ink, and file it by mail.   OR   GET IP pin in order to e-file if your dependent’s SSN was claimed on another return   https://www.irs.gov/newsroom/irs-takes-steps-to-help-prevent-refund-delays-by-accepting-duplicate-dependent-returns-with-an-ip-pin-for-2025-filing-season-taxpayers-encouraged-to-sign-up-soon-for-ip-pin-online-account     https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin     If you are the parent whose e-file has been rejected—- follow the steps above to file your own tax return that claims your child.   If it is any comfort, you (and your parents) are among many young tax filers who make this mistake.  We will be seeing plenty of posts just like yours.   And posts from the parents whose e-files were rejected....    

You can check the calculations for a Child Care Credit on Form 2441, Line 11.  This amount should also appear on Schedule 3, Line 2.  If these forms show the correct amount, the Refund Meter increase is not directly related to your child care entry (as is often the case).  If it increased/decreased, it may not be due to the entry you just made.  Looking at the forms is your best bet.   If you're using TurboTax Online, once you pay for your return, you can save a PDF copy of your return (with all forms and worksheets) to view all your forms before filing.   @User2698470         

Yes, for the 2025 California tax year, your understanding is exactly correct: union dues are considered a miscellaneous itemized deduction, meaning they are only deductible if you choose to itemize on your state return and if the total of those expenses exceeds 2% of your California Adjusted Gross Income (AGI).    As in your example, if your AGI is $100,000, only the portion of your dues (combined with any other miscellaneous work expenses) that exceeds $2,000 would actually reduce your taxable income. So, if your dues were $2,200, only $200 would be deductible.  Furthermore, this deduction only provides a benefit if your total itemized deductions, such as mortgage interest, property taxes, and charitable gifts, exceed the California standard deduction, which for 2025 is $5,706 for single filers and $11,412 for those married filing jointly.