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If your home office deduction is being allowed on your Federal return, then go back through the section where the home office is being depreciated and double-check that the business percent of use is... See more...
If your home office deduction is being allowed on your Federal return, then go back through the section where the home office is being depreciated and double-check that the business percent of use is not zero for the home office asset.  The percentage should be the percentage of your home that is used as a home office multiplied by the percentage of time the home office is used for your business.      
Para elegir el método de presentación en TurboTax y completar tu declaración, sigue estos pasos en español: 1. Ve a la sección Archivo (o File). 2. Allí verás las opciones para elegir entre Prese... See more...
Para elegir el método de presentación en TurboTax y completar tu declaración, sigue estos pasos en español: 1. Ve a la sección Archivo (o File). 2. Allí verás las opciones para elegir entre Presentar electrónicamente (E-file) o Enviar por correo (File by mail). 3. Selecciona la opción que prefieras para tu declaración. 4. Guarda los cambios y continúa con el proceso para finalizar la presentación. Debes seleccionar una opción para poder avanzar y enviar tu declaración.
The Free edition has special rules.  If these coditions are not met, there will be a cost for the software. If you have a simple Form 1040 return only  The most common exceptions are ... See more...
The Free edition has special rules.  If these coditions are not met, there will be a cost for the software. If you have a simple Form 1040 return only  The most common exceptions are No forms or schedules except as needed to claim the Earned Income Tax Credit,  Child Tax Credit,  Student loan interest, and  Schedule 1-A,  See the TurboTax guide regarding Details about Filing Simple Form 1040 Returns
Hello, I keep getting the following error when trying to file my taxes: State tax withheld in Box 17 cannot be greater than or equal state wages in Box 16. I understand the logic of this error, ... See more...
Hello, I keep getting the following error when trying to file my taxes: State tax withheld in Box 17 cannot be greater than or equal state wages in Box 16. I understand the logic of this error, and it would be an error for 99% of people, but I have been deployed all year with the military in a combat tax exclusion zone, so my taxable income reflected on my W2 is $0.  However, the army still withheld approximately $100 in total state and federal taxes. Is there a work around to be able to file my taxes?    
Yes, for tax purposes, you should consider him as living with you because the IRS classifies a student’s time away at college as a temporary absence. A child who is a full-time student is treated as ... See more...
Yes, for tax purposes, you should consider him as living with you because the IRS classifies a student’s time away at college as a temporary absence. A child who is a full-time student is treated as having lived with their parents for the entire year, even if they spent the majority of those months in a rental house or dormitory, provided they would have lived at home but for their education.    Since he still maintains your home as his official permanent address and returns periodically, he meets the residency test for being claimed as a qualifying child, assuming he is under age 24 and does not provide more than half of his own financial support.    You can find more details here: TurboTax: Rules for Claiming a Dependent on Your Tax Return.
If I understand your question correctly, your brother reported the sale as sales proceeds of $3,719 and cost basis of $0 equals sales of $3,719.   If you report the sales proceeds as $12,500 as r... See more...
If I understand your question correctly, your brother reported the sale as sales proceeds of $3,719 and cost basis of $0 equals sales of $3,719.   If you report the sales proceeds as $12,500 as reported on the IRS form 1099-S, report the cost basis and/or sales expenses of $8,781 equals sales of $3,719.   Sales expenses may be reported at the screen Let us know if any of these situations apply to this sale.
The IRS clearly states in the instructions Part 1 is only for Estates and Trusts, I am an Individual filing 1040 not 1041. Past years in TurboTax, this Part 1has always been correctly blank, this is ... See more...
The IRS clearly states in the instructions Part 1 is only for Estates and Trusts, I am an Individual filing 1040 not 1041. Past years in TurboTax, this Part 1has always been correctly blank, this is causing my excess AMT carryover to be drastically reduced.
More information is needed on what this money actually is.     For example, if your wages are garnished, you almost always pay taxes on the gross amount of the wages (before garnishment).  If the... See more...
More information is needed on what this money actually is.     For example, if your wages are garnished, you almost always pay taxes on the gross amount of the wages (before garnishment).  If the garnished amount is later returned to you (because the garnishment was determined to be invalid, for example) then it is not taxable because it was already taxed.  But if the money was never taxed before, it will be taxable now, and that includes any interest or punitive damages that are part of the settlement. 
To move on, you must choose either E-file or File by mail for at least one of your returns
@bazbsg I believe I read where you can simply put $1 in as rental income and TurboTax will not delete the rental.
The energy tax credit helps reduce your taxes when you make qualifying energy-efficient improvements to your home. To claim the energy credit in TurboTax Online, follow these steps: 1. Go to the ... See more...
The energy tax credit helps reduce your taxes when you make qualifying energy-efficient improvements to your home. To claim the energy credit in TurboTax Online, follow these steps: 1. Go to the Deductions & Credits section. 2. Select Explore deductions and credits. 3. Search for or locate the section about Energy Efficient Home Improvements or Residential Energy Credits. 4. TurboTax will guide you to enter details of your improvements such as solar panels, heat pumps, or energy-efficient appliances. 5. Enter the cost and installation details as requested. 6. TurboTax will calculate your credit using IRS Form 5695. 7. Review and complete the sections to finalize the credit.
You can import this, or you can upload your copy of the 1099-B. Or, you can always type these amounts in manually.  Pick your software product, and follow these instructions to pull in your 1099: ... See more...
You can import this, or you can upload your copy of the 1099-B. Or, you can always type these amounts in manually.  Pick your software product, and follow these instructions to pull in your 1099:  Open or continue your return. Navigate to the 1099-B section: TurboTax Online/Mobile: Go to the 1099-B screen under Wages & Income. TurboTax Desktop: Go to Federal Taxes. Go to Wages & Income.  If asked How do you want to enter…?, select I’ll choose what I work on. Under Investment Income, select Start or Update next to Stocks, Cryptocurrency, Mutual Funds, Bonds, Other. Follow the onscreen instructions. When you reach Let's import your tax info, choose how you want to enter your 1099-B: To import your form, select your brokerage or financial institution from the list. Enter your sign-in credentials for your account, then select Get my form. If you don’t want to import, select Enter a different way, and on the How do you want to add your investment docs? screen, you can upload a copy of your 1099-B. If you want to enter your 1099-B manually, select Type it in myself. TurboTax - Where do I enter or import a 1099-B?
Is it above and beyond the 1098-E
You should list donations by date.  If all at once, you can have one entry but if over several days you should have one entry for each day.  You can group items together, you don't need to itemize ev... See more...
You should list donations by date.  If all at once, you can have one entry but if over several days you should have one entry for each day.  You can group items together, you don't need to itemize every piece.  You can give a group description and a group estimate.  However, you should have your own written inventory of the items donated with enough information to determine the fair market value -- at a minimum, a brief description and the used quality (good or fair, you can't claim poor quality items unless you have an appraisal). 
Also, I have no idea why you were told to send the 709 with your income tax return as they are totally separate and distinct types of returns generated by the IRS. Regardless, you do need to mail you... See more...
Also, I have no idea why you were told to send the 709 with your income tax return as they are totally separate and distinct types of returns generated by the IRS. Regardless, you do need to mail your 709.
If your child does not have a Social Security number, you will not get the child tax credit.   You can get only the $500 credit for other dependents for a child with an ITIN.
The additional senior deduction enacted due to the One Big Beautiful Bill Act (OBBBA) is not reported as part of the standard deduction on your tax return.  Instead, you will see it included automati... See more...
The additional senior deduction enacted due to the One Big Beautiful Bill Act (OBBBA) is not reported as part of the standard deduction on your tax return.  Instead, you will see it included automatically based on your age and filing status on Form 1040 line 13b.     Amounts shown on line 13b can be traced back to Schedule 1-A line 38 where the total Enhanced Deduction for Seniors is calculated.