All Posts
yesterday
Some states are not accepting e-files yet---we do not know what state you are asking about.
When you e-file your return you will get two emails from TurboTax. The first one will say your retur...
See more...
Some states are not accepting e-files yet---we do not know what state you are asking about.
When you e-file your return you will get two emails from TurboTax. The first one will say your return has been transmitted; the second one will tell you the IRS has accepted or rejected your federal e-file. If you filed a state return, there will be a third email (usually a day or two later) that tells you if the state e-file was accepted or rejected.
Check your e-file status:
https://turbotax.intuit.com/tax-tools/efile-status-lookup/
yesterday
It depends on your total income and if you were 65 at the end of 2025. If you qualify for the $6,000 bonus deduction your total deductions on top of your $18,054 would be $24,054.
TurboTax wi...
See more...
It depends on your total income and if you were 65 at the end of 2025. If you qualify for the $6,000 bonus deduction your total deductions on top of your $18,054 would be $24,054.
TurboTax will automatically calculate it based on your date of birth and your income. There is not a special section or box to check. Just enter your correct information and TurboTax will take it from there. If eligible you will find this on Schedule 1-A Part V and line 13b of your form 1040.
For Tax Year 2025 through 2028, seniors may claim an additional deduction of $6,000 per taxpayer over 65. This is NOT a refundable credit. This is a deduction of your income.
If your income is above $75,000 ($150,000 if Married filing jointly) the bonus deduction decreases by $.06 for every dollar over the relevant amount.
This deduction is available whether you itemize or take the standard deduction.
If your filing status is married filing separately you are not eligible for this deduction.
This bonus deduction is ONLY for those over 65, it does not apply to those who are blind and under 65
Here are the instructions for how to preview your Form 1040 in TurboTax:
TurboTax Online Version
Select Tools.
Go to Tax Tools.
Select Preview My 1040 (or go to the print center).
TurboTax Desktop Version
You can simply switch to forms mode.
yesterday
2 Cheers
It allows books and supplies to be entered if charged by the institution, and indicates other expenses can be entered later, but it never then prompts for other expenses before moving out of the 1098-...
See more...
It allows books and supplies to be entered if charged by the institution, and indicates other expenses can be entered later, but it never then prompts for other expenses before moving out of the 1098-T and 1099-Q sections in the online version.
Topics:
yesterday
Clearly this is a bug with the TurboTax software. How do we elevate this to the correct level to get this fixed? TurboTax expert employees, PLEASE HELP!!!!!!! I need to file by mid-Februa...
See more...
Clearly this is a bug with the TurboTax software. How do we elevate this to the correct level to get this fixed? TurboTax expert employees, PLEASE HELP!!!!!!! I need to file by mid-February. Anyone considering switching to another program? I've been using TurboTax for decades and really don't want to change.
yesterday
Topics:
yesterday
Since your tax did not change based on the information on the Form1095-A, it likely will not present a problem with the processing of your tax return. If the IRS has a copy of the correct form and ap...
See more...
Since your tax did not change based on the information on the Form1095-A, it likely will not present a problem with the processing of your tax return. If the IRS has a copy of the correct form and applies that information to your return they would see that the tax did not change, so no adjustment would be necessary.
yesterday
Topics:
yesterday
If you applied for a refund advance you should have received an email confirmation that the advance was coming. You should also check your Credit Karma account - if you received a refund anticipatio...
See more...
If you applied for a refund advance you should have received an email confirmation that the advance was coming. You should also check your Credit Karma account - if you received a refund anticipation loan it will be deposited there.
yesterday
Topics:
yesterday
1 Cheer
I don't know why it says on the HSA Summary screen that you can make changes with the implication that you can make these changes on this screen.
You need to return to the beginning of the HSA ...
See more...
I don't know why it says on the HSA Summary screen that you can make changes with the implication that you can make these changes on this screen.
You need to return to the beginning of the HSA interview (i.e., start over) to make the changes that will be reflected on the HSA Summary screen.
As an aside, you probably know that personal HSA contributions (made outside the employer) are entered on the screen "Let's enter [your name]'s HSA contributions" on the second line.
yesterday
The income and tax expenses go on the Sch E since you are not involved with the actual farm or receive a share.
yesterday
Topics:
yesterday
LIVE ASSISTED
https://turbotax.intuit.com/personal-taxes/online/live/how-it-works.htm
FULL SERVICE
https://turbotax.intuit.com/personal-taxes/online/live/full-service/
yesterday
Because I still have Win 10, I could not run the desktop version I purchased, so the software forced me to use the online version. Now I cannot find how to start a second return, even though I paid fo...
See more...
Because I still have Win 10, I could not run the desktop version I purchased, so the software forced me to use the online version. Now I cannot find how to start a second return, even though I paid for the ability to do 5 returns.
Topics:
yesterday
Yes, you will need to report the rental of land on Sch E unless you receive a share of the crops, then you file Farm Rental Income and Expenses on Form 4835.
yesterday
Unemployment compensation is taxable on your federal return.
You will have to enter a 1099G that is issued by your state.
Some states will mail out the 1099G. Or you might need to go to your st...
See more...
Unemployment compensation is taxable on your federal return.
You will have to enter a 1099G that is issued by your state.
Some states will mail out the 1099G. Or you might need to go to your state’s unemployment website and use the password, etc. that you have been using to certify for weekly benefits to get your 1099G from the state’s site.
Enter your 1099G in Federal>Wages & Income>Unemployment
Go through the screens very carefully, making sure to enter any federal/state tax you had withheld from the unemployment.
https://ttlc.intuit.com/community/entering-importing/help/where-do-i-report-a-1099-g-for-unemployment-or-paid-family-leave/00/26530
yesterday
If you are a non-exempt employee, your employer has to pay you overtime at time and a half according to the Federal Labor Standards Act when you work over 40 hours a week. If you are not on salary, y...
See more...
If you are a non-exempt employee, your employer has to pay you overtime at time and a half according to the Federal Labor Standards Act when you work over 40 hours a week. If you are not on salary, you are likely a non-exempt employee. If you are then the "half" in the time and a half is what is deductible for the No Tax on Overtime Deduction.
To qualify the following must apply:
You must be a non-exempt employee eligible for Overtime under the federal Fair Labor Standards Act
The Overtime must be on hours worked OVER 40 hours. (if you live in a state where OT pay is required after 8 hours, this does not apply)
Overtime must be paid at more than your regular hourly rate.
Only the amount that is over your regular hourly rate is deductible. For example, If you make $30 per hour and are paid OT at $45 an hour, you can only deduct $15 per hour as overtime deduction.
Your filing status cannot be Married Filing Separately
Your income must be less than $150,000 if you are single or $300,000 if Married Filing Jointly.
To do so in TurboTax take the following steps:
Enter your W-2
Enter your Overtime in box 14 and select Overtime in the dropdown
Continue through to the overtime questions
You will be given the opportunity to have TurboTax help you calculate your Overtime or You can select you already know the amount.
yesterday
After 2025 Desktop software updates the itemized Charitable Donations section not displaying the entered dollar amount after input, just the message "Available now".
Topics:
yesterday
I have filed my federal turns already