All Posts

Unless you are MFS are required to take the standard, or have high income, itemizing would be better and the $40k should be itemized.    High income:  The Income Phase-out: The new $40,000 SALT cap begins to "phase out" if your Modified Adjusted Gross Income (MAGI) is over $500,000 (joint) or $250,000 (single). For every dollar over that limit, the cap is reduced by 30 cents. If your income is high enough, your allowed deduction could be pushed back down toward the old $10,000 floor. The 35%  cap: For taxpayers in the highest tax bracket (37%), the value of itemized deductions is now effectively capped at 35%. This can sometimes tip the scales back toward the standard deduction depending on your other expenses. If you should be itemizing, go back through and check that the "I want to take the standard deduction box" is not checked.  For TurboTax Online Open your return and go to Federal > Deductions & Credits. Scroll to the very bottom and select Done with Deductions or Continue. Keep clicking Continue. Eventually, you will reach a screen titled: "The Standard [or Itemized] Deduction is Right for You!" On this screen, look for a link or button that says "Change my deduction." A pop-up will appear showing the dollar amounts for both. Select Itemized deductions and click Continue. For TurboTax Desktop (Windows/Mac) Switch to "Forms Mode"  In the list of forms on the left, find and click on Info Wks (Federal Information Worksheet). Scroll down to Part VI - Additional Information for your Federal Return. Look for the section labeled Standard Deduction/Itemized Deductions. Check the box that says "Itemized deductions even if they are lower than the standard deduction." Click Step-by-Step at the top right to return to the main interface.

Did you get your question answered about the Schedule H? My initial question is why did payroll provide you with a Sched-H unless you requested the form? The schedule H is for in-home employment (such as hiring a nanny, care provider, etc.)   I file the Sched-H every year, because I pay someone to care for my special needs adult son.  I can probably answer your questions if you still need assistance.      

Did you sign onto the 2025 online account using the exact same User ID used to create the 2024 online account? See this TurboTax support FAQ for how to view all of your TurboTax accounts - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx

Thanks but this doesn't completely resolve the problem.  TT is pulling forward the $ from the W2 and placing it in line 1c in Schedule A of  it-203-f.  Even after applying a reversing entry to zero out the amount, TT is forcing me to fill out Schedule A or else it flags as an error.   In this circumstance, I only need to fill out Schedule B.   Resolution?

When entering the Form 1099-NEC there was a screen that asked What type of income is on your 1099-NEC? You should have selected Self employment income   Delete the Form 1099-NEC and re-enter.   Click on Federal (Personal using Home & Business) Click on Wages & Income (Personal Income using Home & Business) Scroll down to Other Common Income  On Form 1099-NEC, click the start or update button 

My question (which I failed to include in the post, sorry), is if there is something different this year that I need to do in order for this to be generated as expected? I understand that the IRS updated their instructions for line 18 for 2025, but as far as I can see this should still be zero in my case.   I've uploaded a diagnostic file via"send tax file to agent" but I don't see any way to better report if this is a bug.

There are issues and the wait times are longer. NY is making changes to resolve issues. The inflation refund checks - more processing time New laws - the state is performing more manual checks to prevent errors Comptroller backlog - to release the funds Since you are at the 7-week mark, you are officially past the "normal" window. Check for a "Letter Requested" Status: Log into the NY Refund Status tool. If your status says "We sent you a letter," you must respond to that letter (often for identity verification) before they will move forward. Look for "Comptroller" Status: If you see a message mentioning the "State Comptroller," it’s good news—it means the math is done and you are simply in the payment queue.

It is possible you owe city/local taxes since you reported the wrong amount. However, often the local tax withheld will equal the actual tax due as the calculation of that is usually simple. I suggest you prepare an amended return in TurboTax so see if you end up owing anything. If not, you don't need to file the amended return. Most likely it won't affect your federal return unless you itemize deductions and deduct your local taxes, but even then the impact would probably be minimal.   You should wait until the return you filed is processed as the state government may adjust your return if necessary as they will have a record of what your local taxes and withheld amount is from your W-2.

Thank you David.  That's part of the problem, we don't actually know what this was for.  We are assuming it's some sort of beneficiary payment but the statement only said "Benefit for 2025" with no other info.  I just looked up a copy of the actual check and a note at the bottom states "Soc Sec For Ins."  I remember I had tried calling the SS office a while back and they were of little help, just basically telling me that something was owed and it went to my husband as my father-in-laws beneficiary.  I'm just concerned that if we don't categorize this correctly then it might mess up our taxes, either overpaid or underpaid.  It's not huge $$s but we certainly don't want trouble with the IRS for not handling it properly.  Does it ultimately matter if we choose lump sum payment or not?  Do you know how that impacts the calculation of taxes?

Please clarify.  Will not let you Continue from where?   To enter, edit or delete a form 1099-R - 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 Retirement Plans and Social Security On IRA, 401(k), Pension Plan Withdrawals (1099-R), click the start or update button Online editions -   On the screen Did you get a 1099-R in 2025? Click on Yes On the screen Let's import your tax info Click on Change how I enter my form On the screen How would you like to upload your 1099-R? Click on Type it in myself On the screen Who gave you a 1099-R? select the type of 1099-R you received and Continue