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yesterday
Here is a screenshot from my Desktop Turbo Tax program test file….
yesterday
To delete forms in TurboTax, follow the steps from this article listed below:
Open or continue your return.
On Tax Home, select Start, Continue, or Pick up where you left off to enter you...
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To delete forms in TurboTax, follow the steps from this article listed below:
Open or continue your return.
On Tax Home, select Start, Continue, or Pick up where you left off to enter your return.
In the left menu, select Tax Tools and then Tools.
In the pop-up window Tool Center, choose Delete a form.
Select Delete next to the form, schedule, and worksheet in the list and follow the instructions.
Tips and tricks
To delete a form that came in the mail (for example, W-2, 1098, or 1099) it's best to do it from within your return.
Open or continue your return.
Search for the form name in the search bar (for example, W-2) and select the Jump to link in the search results to get to the summary screen.
From here, you can select the trash can icon to delete.
You can't delete Form 1040. If you want to get rid of the information you've entered, you can clear your return.
yesterday
I need to talk to someone on live chat to get the deluxe edition refunded. I must have accidentally clicked it at some point doing my taxes and my return is a simple return where I don't need the del...
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I need to talk to someone on live chat to get the deluxe edition refunded. I must have accidentally clicked it at some point doing my taxes and my return is a simple return where I don't need the deluxe edition. I just wanted audit defense. Someone help!!!
yesterday
Turbo Tax has it. It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Dedu...
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Turbo Tax has it. It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. Turbo Tax automatically includes it if you qualify. If you are married you have to file a Joint return. For Online version you can preview the 1040 https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-f... See the 1040…….
yesterday
Thanks, entering my 1099-G tax refunds worked as you described. Meanwhile I have found that the forms still exist with information carried over from previous year and can be edited as always, and I ...
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Thanks, entering my 1099-G tax refunds worked as you described. Meanwhile I have found that the forms still exist with information carried over from previous year and can be edited as always, and I will consider that my immediate solution. However the interest/dividend input user interface could be improved (by going back to the way it was in years past). What is one to do if the payer does not have an import option. The list of payers has to be enormous to scroll through looking for your bank. I did determine that when I update Interest and Dividends, there is no button to skip import or pencil icon to edit, only the graphics artist's huge icons. It starts with "Let's finish pulling in your investment income" and has a huge icon for each of last year's investments. There is no skip import at the bottom of the page or pencil icon. Whereas with the 1099-G hitting "review" showed donation details carried over from previous years and allowed new numbers to be entered, ... in the interest section, hitting review brings up the import data scenario. If I choose to skip import, it loops back to ask me to choose type, i.e. interest when I continue, I get a blank page and am asked to type in financial institution instead of filling in data from previous year. There also are no prompts for payer's address or Tin, state id no or state tax withholding. I have found that the forms still exist and can be edited as always, and I will consider that my immediate solution. BTW I can't find these confersations under my posts. It is always, perhaps intentionally, difficult to create a new post.
yesterday
do they partner with Turbotax? Not all FI's do, so you can't import those. It's also possible that the issue is at the FI's end since I just imported some 1099-INT, using desktop, without any problems
yesterday
Still not working as of noon (Mountain time) on Sunday, January 25
yesterday
You would need to amend the prior tax year to add another dependent.
See this TurboTax support FAQ for amending a prior year tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-art...
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You would need to amend the prior tax year to add another dependent.
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
Health Savings Account (HSA) contributions made through your employer's payroll system are reported in box 12 of your W-2 with code W.
Take a look at the following TurboTax help article to see ...
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Health Savings Account (HSA) contributions made through your employer's payroll system are reported in box 12 of your W-2 with code W.
Take a look at the following TurboTax help article to see a list of all the codes used for W-2 box 12:
What do the letter codes in box 12 of my W-2 mean?
yesterday
If you are age 65 or older and meet the requirement, the additional deduction is automatically added on your federal tax return.
Standard deductions for 2025
Single - $15.750 add $2,000 if ag...
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If you are age 65 or older and meet the requirement, the additional deduction is automatically added on your federal tax return.
Standard deductions for 2025
Single - $15.750 add $2,000 if age 65 or older Married Filing Separately - $15,750 add $1,600 if age 65 or older Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older Head of Household - $23,625 add $2,000 if age 65 or older
New Bonus Standard Deduction (OBBB): An additional $6,000 deduction for taxpayers 65 and older. This is per eligible individual, meaning a married couple both over 65 could get $12,000. Important: This bonus deduction is temporary, lasting from 2025 through 2028. Income limitations: It phases out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.
The amount is calculated on Schedule 1-A, Part V, with that amount flowing to Form 1040 Line 13b
Look at your Form 1040 -
You can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.
yesterday
You can or you can enter anything you want for occupation. It’s not important or used in your tax return. You do have to report the W2 or income on your return.
yesterday
The trailer is a fixed asset, and you can include the information in the Schedule C section of TurboTax.
Navigate to Federal > Wages & Income > Self-Employment > Self-employment income and e...
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The trailer is a fixed asset, and you can include the information in the Schedule C section of TurboTax.
Navigate to Federal > Wages & Income > Self-Employment > Self-employment income and expenses
Edit the business or add if not listed
Choose Add expenses for this work
Choose assets and continue, note you may need to click the icon "Add more expense categories" before asset is an option.
Assets will now appear in your list of expenses, choose the pencil icon to edit.
Say yes to "Any Large Purchases (Depreciable Assets)?" and continue
Now, follow the interview to report the information about the trailer, and compute the appropriate expenses.
yesterday
The Occupation field is only used for statistical analysis. You can enter any occupation that you want, usually the last one you had would suffice.
yesterday
2 Cheers
Bought Stock A in Taxable brokerage on Oct 13, 2025
Sold Stock A in same taxable brokerage on Dec 29, 2025 for a loss of $6000
Bought Stock A in Roth IRA on Dec 02, 2025
This creates a wash sal...
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Bought Stock A in Taxable brokerage on Oct 13, 2025
Sold Stock A in same taxable brokerage on Dec 29, 2025 for a loss of $6000
Bought Stock A in Roth IRA on Dec 02, 2025
This creates a wash sale because the purchase was within the 30 days before the taxable sale at a loss.
If I sell this Stock A in Roth IRA on Feb 03, 2025(6?) and make a $4000 profit.
Do I forfeit the $6000 tax loss claim. How do I input.
Yes the loss is forfeited, because the purchase was in a non-taxable account. Generally, the basis of the purchase creating the wash sale is adjusted, but this is not relevant when done in a non-taxable account.
For TurboTax you'll enter the sale at the loss and then an adjustment for the loss using code W so there is no taxable gain/loss on this transaction. It is unlikely that the broker will report the wash sale, but you must.
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You have a nondeductible loss from a wash sale code W Report the sale or exchange on Form 8949 and enter the amount of the nondeductible loss as a positive number in column (g). See the Schedule D instructions for more information about wash sales generally and Pub. 550 for more information on wash sales involving substantially similar stock or securities. If you received a Form 1099-B (or substitute statement) and the amount of nondeductible wash sale loss shown in box 1g is incorrect, enter the correct amount of the nondeductible loss as a positive number in column (g). If the amount of the nondeductible loss is less than the amount shown on Form 1099-B (or substitute statement), attach a statement explaining the difference. If no part of the loss is a nondeductible loss from a wash sale transaction, enter -0- in column (g).
yesterday
When I try to enter info on this 'deduction' I get this error message, which is similar to OTHER error messages I have gotten on the 2025 TT. It is Jan 2025 and nothings says 'to be updated' or anyt...
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When I try to enter info on this 'deduction' I get this error message, which is similar to OTHER error messages I have gotten on the 2025 TT. It is Jan 2025 and nothings says 'to be updated' or anything like that. The error message is: "hmmm, looks like we've hit a snag... "We recommend you revisit the last topic you were working on to make sure all your info's correct." This is a totally irrelevant comment and obscures the fact 2025 IS NOT UPDATED.
yesterday
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yesterday
We have been donating clothing, household item to Goodwill for years. It's Deductible has been very helpful in coming up with a value of those used items.
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yesterday
Your company is clearly out of date on this filing. Someone should look into this before the lawsuits begin.
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yesterday
my ex and i are supposed to trade years, last year i was to claim 2 kids but instead i claimed one on a mutual agreement and recently he told me he never filled for taxes last year
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yesterday
if I lost my job in Sept 2025 do I still list that job title on my tax form
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