All Posts

@mark_van wrote: Not selling Turbo Tax software to Windows 10 users does NOT earn profits for shareholders... It does if they don't have to dedicate resources to not supporting Windows 10 and/or they can get at least a certain percentage of desktop users to switch to online. I'm sure they have a formula for that and had it figured out well in advance of the decision.

The TurboTax Free online edition is for very simple tax returns that do not require any other form or schedule other than the Form 1040.  If your tax data requires entry on any other form or schedule then you must upgrade to the Deluxe edition or higher.   Go to this TurboTax website for the Free online edition - https://turbotax.intuit.com/personal-taxes/online/free-edition.jsp   Please Note - TurboTax Online: Important Details about Filing Form 1040 Returns with Limited Credits A Form 1040 return with limited credits is one that's filed using IRS Form 1040 only (with the exception of the specific covered situations described below). Roughly 37% of taxpayers are eligible. If you have a Form 1040 return and are claiming limited credits only, you can file for free yourself with TurboTax Free Edition or TurboTax Live Assisted Basic (if available), or you can file with TurboTax Full Service at the listed price. Situations covered (assuming no added tax complexity): W-2 income Interest or dividends (1099-INT/1099-DIV) that don’t require filing a Schedule B IRS standard deduction Earned Income Tax Credit (EITC) Child Tax Credit (CTC) Student loan interest deduction Situations not covered: Itemized deductions claimed on Schedule A Unemployment income reported on a 1099-G Business or 1099-NEC income Stock sales (including crypto investments) Rental property income Credits, deductions and income reported on other forms or schedules

To complete and file a prior year tax return (2022, 2023, 2024) using TurboTax you would need to purchase, download and install on a personal computer one of the desktop editions for each tax year required from this website - https://turbotax.intuit.com/personal-taxes/past-years-products/   A prior year tax return can only be printed and mailed, it cannot be e-filed using TurboTax.  Use a separate envelope for each tax year being mailed.   TurboTax 2025 online editions - https://turbotax.intuit.com/personal-taxes/online/file-your-own-taxes/ TurboTax 2025 desktop editions - https://turbotax.intuit.com/personal-taxes/cd-download/

Dear Intuit,   Add my name to the list of unhappy TTAX customers. I have been using TTax since it was first available on 5.25 inch on disks.   I have a Windows 10 PC that is not eligible for Windows 11. And from what I read about 11, I am not interested - even if my PC was upgradable.   I understand that an OS can become obsolete, but that is not the case here. As of January 2026, Windows 11 adoption in the U.S. and globally has stalled, with market share hovering around 50-53% and recently dipping.   Microsoft knows this - it is why Windows 10 security updates are free and available for at least another year. I am enrolled and have received several updates.   Windows 10 has been a popular OS, Windows 11 not so much. I understand that what Intuit has done will be necessary at some point, but now is premature.   The on-line services you offer are much more expensive then TTAX Deluxe Federal and State.   You are forcing me and other users to find alternative tax software - you are risking a significant loss of customers.   Do you really think this is a smart thing to be doing right now??            Pete

@scottjohnson037    The $$ amount should be noted in box 12 with a code Q, adn only subtract form box 1 $$, and not box 3 or 5.   IF not, you need to talk to your HR/Payroll as to why its not there and reflected as such on your W-2.  They may need to issue a corrected W-2 (a W-2C)   Make sure it was actually a combat zone....hazardous duty pay that is not linked to a Combat zone is usually not exempt.    

Receiving a Corrected 1098 where origination points were removed from Box 6 means your previous tax deduction was likely too high. Since those points were added incorrectly, the IRS now has proof that you weren't eligible for that part of the deduction. Whether you must amend depends on how much that error changed your final tax bill.   You should file an Amended Return (1040-X) for 2023 if:   If you used Schedule A to claim your mortgage interest and points, removing those points will reduce your total deductions and increase your tax income. You will likely owe a small amount of tax back to the IRS.  The amount is significant: If the origination points were a few thousand dollars, the IRS will likely eventually send you a "Notice of Proposed Adjustment" (CP2000) if you don't amend first. Amending now stops the accumulation of interest and penalties.

@AmeliesUncle wrote: @Opus 17 wrote:   Any mortgage you later take out on house #2 will not be deductible unless you take that loan out within 90 days of closing on house #2.   If it is used to refinance that other loan, I think it would still be deductible.  Refinancing a debt that was used to purchase a home is still considered as used to purchase a home.     But I don't think it counts as a refinance because the HELOC was secured by home #1, not home #2.   

Q.  Here, you said for the student to report ALL of the scholarship, not just the amount UP TO the amount needed to claim AOC. Can you please explain why? A. Because all of the student's tuition ($2859) was less than the maximum amount ($4000) allowed  to claim the  AOC.    I edited my standard answer, at that post, for the poster's details.  Here's how the generic post goes: Using an example: Student has $10,000 in box 5 of the 1098-T and $8000 in box 1. At first glance he/she has $2000 of taxable income and nobody can claim the American opportunity credit. But if she reports $6000 as income on her return, the parents can claim $4000 of qualified expenses on their return. Books and computers are also qualifying expenses for the AOC. So, extending the example, the student had another $1000 in expenses for those course materials, paid out of pocket. She would only need to report $5000 of taxable scholarship income, instead of $6000.