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Friday
I read the following in an article below on catch-up ("super") contributions for a Self-Employed Individual 401(k) plan and it is not being referenced in the 2025 TurboTax Desktop version. Will this ...
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I read the following in an article below on catch-up ("super") contributions for a Self-Employed Individual 401(k) plan and it is not being referenced in the 2025 TurboTax Desktop version. Will this be reflected in an update to TurboTax before the filing date? 401(k) contribution limits for 2025 The 401(k) contribution limit for 2025 is $23,500 for employee salary deferrals, and $70,000 for the combined employee and employer contributions. If you're age 50 to 59 or 64 or older, you're eligible for a catch-up contribution up to an additional $7,500. Those between ages 60 and 63 are eligible to contribute up to $11,250 as a "super" catch-up contribution in lieu of the $7,500, if your plan allows. This means those 50 to 59 or 64 or older are able to contribute up to $31,000 in 2025 and those 60 to 63 are able to contribute up to $34,750 in 2025, if your plan allows. Depending on your plan, you may be able to make post-tax contributions beyond the pretax and Roth contribution limit but less than the combined employee and employer contribution limit to invest even more for retirement. Total contributions cannot exceed your annual eligible compensation at the company that sponsors your plan. Check with your plan sponsor to see what catch-up contributions are available to you.
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Friday
TurboTax does not support tax year 2021.
Friday
I don't have any unreported tips. My tips show up as “qualified tips” in box 14. After I fill in my w-2 the unusual situations page suggests overtime but not tips. My overtime is also in box 14. Noth...
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I don't have any unreported tips. My tips show up as “qualified tips” in box 14. After I fill in my w-2 the unusual situations page suggests overtime but not tips. My overtime is also in box 14. Nothing about tips comes up at all even when continuing until I am finished with my federal taxes. I tried searching for it but nothing I do brings up the tips.
Friday
The Form 1099-R section is estimated to be available in TurboTax on 01.21.2026
The IRS will not start accepting 2025 federal tax returns until 01/26/206
Friday
FIP program
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Friday
It would probably be faster if you just described your issue with the W-2 on this forum to get an answer.
Live support is not available using the Free online edition -
See this TurboTax suppo...
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It would probably be faster if you just described your issue with the W-2 on this forum to get an answer.
Live support is not available using the Free online edition -
See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/turbotax-phone-number/L0Od33nMQ_US_en_US?uid=lfgviwbm
Friday
Turbotax online can only file one tax return (federal and state) per user account. If you need to file returns for 4 people, you need to create 4 accounts with separate user names and passwords (the...
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Turbotax online can only file one tax return (federal and state) per user account. If you need to file returns for 4 people, you need to create 4 accounts with separate user names and passwords (they can share the same email address).
If you are using Turbotax installed on your own computer, you get one free state module with most purchases. You can make as many returns as you want, because each return is a separate document like word processor or spreadsheet. But if your children live in different states, you will need to purchase the additional state modules.
Friday
Do you already have an Expert? If so: https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-setup/connect-tax-expert-turbotax-live/L73wOZD5D_US_en_US
Friday
@ItsHyphy wrote: I still can not deduct my tips for federal taxes but i can for my overtime. Would be nice to be able to do both.
What is preventing you from reporting your tips? Are tips repo...
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@ItsHyphy wrote: I still can not deduct my tips for federal taxes but i can for my overtime. Would be nice to be able to do both.
What is preventing you from reporting your tips? Are tips reported in box 7 of your W-2? Do you have unreported tips?
After you enter the the W-2 you will land on a screen labeled Let's check for uncommon situations. If you have unreported tips then check the box labeled Unreported tips and then Continue with this section.
@ItsHyphy
Friday
Talk with expert
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Friday
Fidelity and Schwab are ready, forms are available, but Turbotax isn't. This isn't what I signed up for when I purchased this product. I have a sizable refund coming and Turbotax is holding it up....
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Fidelity and Schwab are ready, forms are available, but Turbotax isn't. This isn't what I signed up for when I purchased this product. I have a sizable refund coming and Turbotax is holding it up. What's the deal Turbotax, why can't I even type this data in??? It's not like the forms are changing! Very unhappy!
Friday
I have questions regarding my 2024 and 2025 at risk carryovers as well as the 465(d) carryovers, please advise?
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Friday
I've started 3 forms for me and kids. When I go to the state form, it only allows one state form. I'm confused
Friday
I’m ready to change as well.
Friday
I have used turbo tax for years. First time they don’t seem ready for the tax year. I need to do planning and every day This section to be available soon.
Friday
I still can not deduct my tips for federal taxes but i can for my overtime. Would be nice to be able to do both.
Friday
What is a CIB in relation to taxable income?