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For example, in Sch E, I put 100 dollars, and I put the rent portion is 30%. The carryover from Sch E to Sch A is 70 dollars.   It my loan amount is 1m, so for the Sch A, I should put 100 * 750k / 1m * 70% = 52.5 dollars. So for the adjustment box I should put 52.5 - 70 = -17.5 However, the amount we put into the box has to be >= 0. So I have no choice but to make the interest 70 dollars.

Please review Wisconsin's Schedule CR, because I would say that these are the less common credits. If you are not eligible for any of these credits, there is no harm in taking the retirement income subtraction.   Of course, the complete answer depends on your actual tax information, which we in the Community can not see.

Make sure you have entered your child as a dependent in My Info, and that you have entered the child's Social Security number.    Careful— do not say that your child’s SSN is not valid for employment.  If your child was born in 2025 make sure you said he lived with you the whole year.  There is an oddly worded question that asks if the child paid over half their own support.  Say NO to that question.   If your dependent was a full-time college student, make sure you were careful on the MY INFO screen for “Uncommon situations” and that you indicated there that they were a student.

You daughter would qualify as your dependent if she meets the requirements under the Qualifying Child rules.  If entering her as a dependent make sure that you select she lived with you for the Whole Year since she was born in 2025.   To be a Qualifying Child - 1. The child must be your son, daughter, stepchild, foster child, brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them. 2. The child must be (a) under age 19 at the end of the year, (b) under age 24 at the end of the year and a full-time student or (c) any age and permanently and totally disabled. 3. The child must have lived with you for more than half of the year. Temporary absences while away at college are considered living with you. 4. The child must not have provided more than half of his or her own support for the year. 5. If the child meets the rules to be a qualifying child of more than one person, you must be the person entitled to claim the child as a qualifying child. 6. The child must be a U.S. citizen or U.S., Canada or Mexico resident for some portion of the year. 7. The child must be younger than you unless disabled.

You may have received an automated email indicating that Form 5695 was available. While the form has been finalized, the final software update is still being deployed, and some customers may not yet see the form available in their product.   The update is actively rolling out across all platforms, and full access will be available once deployment is complete. No action is needed from you at this time. Check again tomorrow and/or this weekend to complete filing 5695. If you continue to see this form blocked after this weekend (1/25/26), please tell us in the replies below.   @Phil_72   

Sorry--you will not be able to amend 2024 on a phone or mobile device.   You need the download software now.   Wait until your original return has been fully processed before you amend, and make sure you have saved a pdf of the original return before you amend. (If you do not save it as a pdf, the amended return will overwrite the original, and the original will be lost forever)   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_US?uid=m76mq6z2       Do not expect quick results from amending. It can take four months or more for the IRS to process an amended return.     You can watch for information here: https://www.irs.gov/filing/wheres-my-amended-return    

I believe you are referring to an IRA distribution. If so, it would be reported on a form 1099-R. You can delete that form by following these steps:   1. Choose the Tax Tools option on your left menu bar while working on your return 2. Choose Tools 3. Choose the Delete a form option under Other Helpful links  4. Find the Form 1099-R in the list of forms and delete it  

The notification was wrong, the Form 5695 is not yet available.   To enter Home Energy Credits - Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credit Click on I'll choose what I work on (if shown) Under Your Home On Home Energy Credits, click the start or update button

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)     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 $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

1. Yes. You will file a part year Ohio, part year SC, and nonresident NC returns. 2. You will fill out the NC return first and then the NC income and tax liability will go to SC for a tax credit. The credit will be the lower of the state tax liabilities on the same taxable income. You may owe your resident state,  if they have a higher tax rate along with differences in how the taxable income is calculated. 3. I recommend you purchase NC so the program can correctly calculate the credit for the two states. The Ohio is up to you. Just be sure you have all income accounted for between OH and SC.