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yesterday
No, you can’t deduct interest paid on personal loans, credit cards, or dental financing plans if they’re used for personal expenses—including medical or dental bills.
The IRS treats this as per...
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No, you can’t deduct interest paid on personal loans, credit cards, or dental financing plans if they’re used for personal expenses—including medical or dental bills.
The IRS treats this as personal interest, just like interest from a car loan or credit card. Only certain kinds of interest, like mortgage, student loan, or business loan interest, are deductible.
If your grandson is your dependent, you may claim the loan principal as an itemized medical expense provided you itemize your deductions. Medical and dental expenses are only deductible to the extent that they exceed 7.5% of your Adjusted Gross Income (AGI).
Also, if you claim the standard deduction for the year, then the expense will not benefit you.
yesterday
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yesterday
You don’t have to send a death certificate.
yesterday
Thank you for your reply. And sorry for the confusion. I meant to say that the only out-of-pocket expense was the total premium my wife paid for Medicare and that was $1600. So I will enter that i...
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Thank you for your reply. And sorry for the confusion. I meant to say that the only out-of-pocket expense was the total premium my wife paid for Medicare and that was $1600. So I will enter that in the box on the "Medical Expenses" page, as you instructed. Thanks again.
yesterday
Thank you, I've already contacted TurboTax and we figured it out: software purchased through Costco appears to have this problem. The software purchased from Intuit directly does not have this automa...
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Thank you, I've already contacted TurboTax and we figured it out: software purchased through Costco appears to have this problem. The software purchased from Intuit directly does not have this automated Audit Defense charge.
yesterday
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yesterday
When you prepare your tax return, make sure that in MY INFO you enter your current mailing address so that the IRS and your state have it---they need the correct address in case they need to mail you...
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When you prepare your tax return, make sure that in MY INFO you enter your current mailing address so that the IRS and your state have it---they need the correct address in case they need to mail you a letter or a check.
You can also update your TT account:
UPDATE MY ACCOUNT
https://ttlc.intuit.com/community/account-updates/help/how-do-i-update-my-turbotax-account-information/00/25927
yesterday
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yesterday
I want my Tex refund here and only here I can also take my money out
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yesterday
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yesterday
2025 law on getting a deduction on overtime
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yesterday
How do you get help?
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yesterday
i need my W2 forms from mcdonald’s in lexington ky
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yesterday
If you want to make changes or add a document to a tax return that has already been filed and accepted by the taxing agency, you should follow these guidelines.
You must first wait until th...
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If you want to make changes or add a document to a tax return that has already been filed and accepted by the taxing agency, you should follow these guidelines.
You must first wait until the initial return is completely processed.
You will have to use the same TurboTax account that you used for the original tax return.
Once you begin your amendment, you'll see your original return.
The refund calculator will start new at $0 and only reflect the changes in the refund or tax due
Only make changes to the areas of your return that need to be corrected.
You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment
Select your product below and follow the instructions.
Amend TurboTax Online
Amend TurboTax CD/Download
yesterday
I'm so freaking frustrated.
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yesterday
If so how do I do it? Is there a link? I know how to do my taxes, just dont know how to access 2024 turbotax and then file them together
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