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yesterday
The IRS has guidance on Determining the value of donated property in Publication 561
As an example, here is the guidance on used clothing: "Used clothing and other personal items are usually w...
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The IRS has guidance on Determining the value of donated property in Publication 561
As an example, here is the guidance on used clothing: "Used clothing and other personal items are usually worth far less than the price you paid for them. Valuation of items of clothing does not lend itself to fixed formulas or methods.
The price that buyers of used items actually pay in used clothing stores, such as consignment or thrift shops, is an indication of the value.
You cannot take an income tax charitable contribution deduction for an item of clothing unless it is in good used condition or better. An item of clothing that is not in good used condition or better for which you claim an income tax charitable contribution deduction of more than $500 requires a qualified appraisal and a completed Form 8283. See Deduction over $500 for certain clothing or household items, later."
If making large donations of household goods and clothing, it would be be best to have those items evaluated prior to the donation for tax reporting purposes.
Some charitable organizations also have helpful guides on valuation of goods and clothing,
Please be sure to get receipts for large donations of items. Donations exceeding $500 of clothing do need report on Form 8283, while donations exceeding $5000 will require a qualified appraisal.
yesterday
It does ask for the amount of pay that is overtime.
This sounds like the correct option for you.
Remember, this does not include the straight time paid during the overtime hours.
It is t...
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It does ask for the amount of pay that is overtime.
This sounds like the correct option for you.
Remember, this does not include the straight time paid during the overtime hours.
It is the 50% amount above the straight-time pay
yesterday
1. You did not have HDHP coverage all twelve months of 2025, 2. You answered the question "What type of HDHP coverage did you have on December 1, 2024?" with "Self" or "Family". 1 is FALSE as my...
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1. You did not have HDHP coverage all twelve months of 2025, 2. You answered the question "What type of HDHP coverage did you have on December 1, 2024?" with "Self" or "Family". 1 is FALSE as my family and I were all covered by an HDHP plan all 12 months of 2025. 2 I didn't get a question about December 1, 2024. I do get this question: What type of HDHP coverage did M*** have during 2025? and for that I say: M*** was covered by a Family plan every month of the year when I hit continue, the next page says: Let's review what type of coverage M*** had in 2024 Notice that despite the previous page asking about 2025, clicking continue leads me to a new page to review 2024. Seems like a bug. Anyway, It has a dropdown for every month of the year, and every month has Family Plan selected Next: Enter last year's excess contribution Next: What's the total value of all your HSAs? Next: Your HSA Summary Next: Back to the chart labeled Your tax breaks (where I started) and the HSA, MSA Contributions row in this chart has a blue Start button, as if I had never even started that module. This contrasts the other rows in that chart (i.e. child credit, 1098-t, standard deduction) which all show an Edit button, and amounts listed in the 2025 column, which suggests that those modules have been completed. UPDATE: Per the first reply... This is using Online TT (not desktop)
yesterday
Thanks for replying. The Other Gross Income screen shot below appears to apply to ordinary income. In my case, I have reported the gains as a long term asset sale. However, I don't see a path to a...
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Thanks for replying. The Other Gross Income screen shot below appears to apply to ordinary income. In my case, I have reported the gains as a long term asset sale. However, I don't see a path to also report Foreign Tax Paid. How do I reach the Foreign Tax Paid screen below? Thank you.
yesterday
I have no income that would trigger the QBI. Plus, the total deductions does not show the Senior Tax Deduction
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yesterday
3 Cheers
As of 1:15pm Monday, January 26, I still cannot complete the section on Residential Energy Credits. James
yesterday
Sounds like something got stuck. You can try these things:
Log Out Completely: Before doing anything else, click Sign Out in the TurboTax menu.
Clear Cache and Cookies: This removes old, ...
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Sounds like something got stuck. You can try these things:
Log Out Completely: Before doing anything else, click Sign Out in the TurboTax menu.
Clear Cache and Cookies: This removes old, "corrupted" data that might be confusing the website.
Use an Incognito (Private) Window: This is the most effective "quick fix" because it launches the browser without any saved history or extensions (like AdBlockers) that often interfere with tax forms.
Check Pop-up Blockers: TurboTax often opens forms (like the 1099 PDF) or payment windows in a separate pop-up. Look at the right side of your address bar for a small icon with a "red X"—click it and select "Always allow pop-ups from Intuit."
Restart the Browser: Close all open windows of your browser entirely and then reopen it.
Most TurboTax errors happen because the browser is trying to use an old "session" from a previous visit. By clearing the cache or using Incognito mode, you force the browser to establish a brand-new, secure connection with the Intuit servers.
yesterday
Thanks for the response! I’m now confused on the definition of “resident” for New York. My situation is this: from August-December of 2025, I was living with family in New York. I never intended for ...
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Thanks for the response! I’m now confused on the definition of “resident” for New York. My situation is this: from August-December of 2025, I was living with family in New York. I never intended for New York to become my permanent residence or domicile. During that same time period, I didn’t work in New York at all (zero income). Does this still qualify me as a “resident” for tax purposes? I don’t own property in any other state.
yesterday
IGI INCORRECT I.VE BEEN REJECT TWICE I FILE TAX RETURN WITH TURBO TAX LAST YEAR . I DON'T WHAT THE RIGHT AGI I NEED HELP
yesterday
I am not getting the biggest deduction when checking the box that relates to my higher deduction. I have gone back through several times and it doesn't change.
yesterday
See this TurboTax support FAQ for amending a prior year tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_U...
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See this TurboTax support FAQ for amending a prior year tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-already-filed/L4VjJ9BA2_US_en_US?uid=ld1n99kr
yesterday
Please continue to check back as many sections are being updated.
TurboTax Online updates for new tax laws and other features, but they are done automatically in your web browser. You do not ha...
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Please continue to check back as many sections are being updated.
TurboTax Online updates for new tax laws and other features, but they are done automatically in your web browser. You do not have to manually update like in TurboTax desktop software.
If you are using TurboTax Desktop, you can manually check for updates for your TurboTax program by clicking on "Online" in the black bar near the top of your screen and selecting "Check for Updates."
You can also check for forms availability using this link click here.
If you have additional information or questions regarding this, please return to Community and we would be glad to help.
yesterday
Basically, when filing last year, I forgot a document. I managed to add it in later on within the year, pay those taxes owed, and continued on. i'm not sure if "state extension" or "state tax return" ...
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Basically, when filing last year, I forgot a document. I managed to add it in later on within the year, pay those taxes owed, and continued on. i'm not sure if "state extension" or "state tax return" filing is accurate and would like some quick advisement on which to select or if I am to choose "None of these apply."
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yesterday
This is the TurboTax US user community website. Go to this TurboTax Canada website for assistance with a Canadian tax return or the TurboTax Canada editions - https://turbotax.community.intuit.ca/t...
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This is the TurboTax US user community website. Go to this TurboTax Canada website for assistance with a Canadian tax return or the TurboTax Canada editions - https://turbotax.community.intuit.ca/turbotax-support/en-ca
yesterday
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yesterday
The senior deduction is automatically calculated by TurboTax based on the dates of birth you entered for each spouse. A new, temporary additional deduction of $6,000 for those aged 65 and older (...
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The senior deduction is automatically calculated by TurboTax based on the dates of birth you entered for each spouse. A new, temporary additional deduction of $6,000 for those aged 65 and older (or $12,000 for a married couple if both qualify) is available for tax years 2025 through 2028. The deduction begins to phase out at income greater than $75,000 and $150,000 if you’re married filing jointly. This is in addition to the standard deduction or itemized deductions. The senior additional deduction is automatically calculated by TurboTax and appears on line 37 of Schedule 1-A, then included in line 13b of your form 1040.
yesterday
The IRS uses your prior year AGI to combat fraud. Make sure you take into account the information below.
You can find your 2024 Adjusted Gross Income (AGI) by:
Looking at line 11 on page 1...
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The IRS uses your prior year AGI to combat fraud. Make sure you take into account the information below.
You can find your 2024 Adjusted Gross Income (AGI) by:
Looking at line 11 on page 1 of your 2024 Form 1040
Requesting a transcript of your 2024 tax return from the IRS. You can request your transcript online at the following link: Get Transcript
Please click on this TurboTax article for more information.
Check these items as well to ensure you have the correct number. If you:
Filed late last year after mid-November or your return was processed after that time—try entering 0.
Amended your return last year—make sure you’re using the AGI from your original return, not the amended one. (If you only have a 1040X form, it’s on line 1, column A).
Rounded your AGI to the nearest dollar—be sure to round up when it’s 50 cents or more and down when it’s 49 cents or less.
Filed with your spouse last year—you and your spouse have the same 2024 AGI. (Don’t split the AGI amount or enter 0 for one of you).
Time-saving Tip: If what you entered is correct and you continue to get a reject, you won't be able to e-file. There's probably a data mismatch at the government, or some other situation beyond your control that prevents your return from being e-filed. In this case, your only option would be to print and mail in your return.
This article will give you instruction on how to print and mail your return.
yesterday
Go to this TurboTax website to purchase and download the 2025 desktop editions - https://turbotax.intuit.com/personal-taxes/cd-download/
yesterday
If you are using TurboTax Online for your 2024 amended taxes, your refund amount should show in the top-left corner of your TurboTax screen.
It should say "Federal Refund" and the number is i...
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If you are using TurboTax Online for your 2024 amended taxes, your refund amount should show in the top-left corner of your TurboTax screen.
It should say "Federal Refund" and the number is in green. It would say taxes owed if you owe.
Note: This number may not update continually as you enter your tax information. The number that appears during the final review stages should be the final number.
If you do not see this, click on the "Review Section" in your left panel of your TurboTax screen to display the "Federal Refund" or "Taxes Owed" meter at the top.
You can also click on "Tax Tools" in your left panel of your TurboTax screen and then select "Tools" and then "View Tax Summary." This will give you a more detailed breakdown of your taxes.
If you are using a Desktop version of TurboTax your refund amount should show at the top of your screen as "Federal Refund." If you are getting a refund, the number will be in green.
If you have additional information or questions regarding this, please return to Community and we would be glad to help.