All Posts

At least you gave me a date to hope that the update will be made on.  And, yeah, these are probably the same programmers that decided that it was a good idea to stop detailing what each update did.  At least, when they were doing that, I knew just what was affected by each update.  Thank you for replying.

See this TurboTax support FAQ for the 2025 TurboTax Federal tax refund advance information - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/offer-details-disclosures-refund-advance-program/L4ljXp6TI_US_en_US    

You will not get an answer to why from anyone on this forum.  That is a question only the TurboTax programmers can answer and they do not access this forum.   The Form 1099-R section is estimated to be finalized and available in TurboTax on 01/21/2026.

Gambling losses can only be deducted up to the amount of the gambling winnings. Gambling winnings are reported on Form 1040 Schedule 1 on Line 8b. The amount from Part I of Schedule 1 Line 10 flows to Form 1040 Line 8. Gambling Losses are reported on Form 1040 Schedule A as a Other Itemized Deductions. Gambling losses are not a one-for-one reduction in winnings. Your total itemized deductions reported on Form 1040 Schedule A must be greater than the standard deduction for your filing status to have any tax benefit. To enter, edit or delete Gambling Winnings and Losses - Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Scroll down to Less Common Income On Prizes, Awards, and Gambling Winnings, click the start or update button Or enter w2g in the Search box in the upper right of the program screen. Click on Jump to w2g

Standard deductions for 2025 Single - $15.750 add $2,000 if age 65 or older Married Filing Separately - $15,750 add $1,600 if age 65 or older Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older Head of Household - $23,625 add $2,000 if age 65 or older   New Bonus Standard Deduction (OBBB): An additional $6,000 deduction for taxpayers 65 and older. This is per eligible individual, meaning a married couple both over 65 could get $12,000. Important: This bonus deduction is temporary, lasting from 2025 through 2028. Income limitations: It phases out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers. The amount is calculated on Schedule 1-A with that amount flowing to Form 1040 Line 13b Look at your Form 1040 - You can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/ Scroll down to the bottom of the screen and on the section Your tax returns & documents.  Click on the Year and Click on Download/print return (PDF)   If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created.  TurboTax does not store online any returns completed using the desktop editions.   Go to this IRS website for free transcripts of a federal tax return - https://www.irs.gov/individuals/get-transcript   For a fee of $30 you can get a complete federal tax return from the IRS by completing Form 4506 - http://www.irs.gov/pub/irs-pdf/f4506.pdf

@mesquitebean thanks but I’m not talking about overtime. I want to be able to claim my tips to take advantage of the “no tax on tips”. Not overtime. That is different. Also not “unreported tips” as these were reported tips to my employer.  I can claim up to $25,000 in reported tips, but need to know where this can be entered. Normally this tip amount would be listed on line 7 but it is not:  im wondering if there is a spot to meter manually on 1040 or schedule 1 or if I need a corrected w2.

Yes I have read this information but it still doesn’t explain why the option isn’t showing on the file page, this is the first time this has ever happened, I’ve been using Turbo for 7 years. Thank you for responding. 

There are a number of possibilities. 1. If your child turned 17 (is 17 or older as of Dec 31, 2025) 2. You entered their birthdate wrong. 3. You did not enter a valid SSN, or you indicated that the SSN was "not valid for working". 4. You indicated the child did not live in your home more than half the year.  Make sure you select "7 months" or longer, since Turbotax treats "6 months" as exactly half the year and exactly half is not more than half. 5. You picked the wrong type of relationship for the child. 6. You have not entered all your taxable income yet.  The full credit is only available if you have at least some income from working.  Pensions, gambling prizes, interest and investment income, and other types of income do not enable the full credit.