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i sold a property and bought a house using stock sales to do that. why hasn't turbo asked about those numbers?
You enter the full purchase price including the price of installation for the solar panels on your 2025 tax return for the solar credit.
If you are filing as Married Filing Separately you are not eligible for the deduction.  If you are Single and your AGI is over $175,000 or Married Filing Jointly and your AGI is over $250,000 you are... See more...
If you are filing as Married Filing Separately you are not eligible for the deduction.  If you are Single and your AGI is over $175,000 or Married Filing Jointly and your AGI is over $250,000 you are not eligible for the deduction.   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.
Re fix, need correction
The prompt in turbo tax does not lead where expected. Is there a different place to report this funding of my Roth, and if so, where?
Yes, you will need to file an extension for your personal tax return.   See this for how to e-file an extension request - https://ttlc.intuit.com/community/extensions/help/can-irs-extensions-be-e... See more...
Yes, you will need to file an extension for your personal tax return.   See this for how to e-file an extension request - https://ttlc.intuit.com/community/extensions/help/can-irs-extensions-be-e-filed/01/25884?search-action-id=618691191333&search-result-uid=25884
Hello, I am looking for clarification on claiming mortgage interest for two different properties on my 2026 return. Here is my specific situation:   Primary Residence: The house is in my name, I ... See more...
Hello, I am looking for clarification on claiming mortgage interest for two different properties on my 2026 return. Here is my specific situation:   Primary Residence: The house is in my name, I live here, and I pay the mortgage. Mother’s House: My mother lives here, has the deed in her name(ladybird deed with me being the beneficiary), and she is my legal tax dependent(has SSI income). I am a co-signer on the mortgage, and I am the one making the actual monthly payments directly to the lender. With my mother being my dependent, and a co-signer on her home, and the mortgage payments going directly from my bank account, can I claim both houses as an itemized deduction?   Thanks
I believe that Turbotax has an error this year in your use of foreign taxes.  Despite filling out everything accurately as has been done in previous years, it would not give a credit.  There was no e... See more...
I believe that Turbotax has an error this year in your use of foreign taxes.  Despite filling out everything accurately as has been done in previous years, it would not give a credit.  There was no explanation.   
If the Social Security benefits is the Only income to be reported on the tax return and there is no federal income taxes being withheld, then there is no reason or need to file a tax return. Unle... See more...
If the Social Security benefits is the Only income to be reported on the tax return and there is no federal income taxes being withheld, then there is no reason or need to file a tax return. Unless you also received a Form 1095-A for your health insurance through one of the State Marketplace Exchanges or from healthcare.gov then you must file a tax return.
If you have a federal IP PIN, a new one is generated each year. You can  View your account information to see or create a PIN. Other thoughts: If you mean the filing pin from last year, you ca... See more...
If you have a federal IP PIN, a new one is generated each year. You can  View your account information to see or create a PIN. Other thoughts: If you mean the filing pin from last year, you can use your AGI instead. How do I find last year’s AGI? If you mean the IL PIN:  If you live in IL, you MUST get an IL PIN from the state department. If you don’t know your Illinois PIN you can: look it up on Illinois’ website, IL-PIN Inquiry - Illinois.gov or  by calling (800) 732-8866 or (217) 782-3336. 
@jsajda am having the same issue, was it resolved for you, how?
If I only filed an extension for my business, do I need to file for my personal as well?
There is a new enhanced deduction for seniors. It is 6,000 on top of the standard deduction. Why do I not see that in my total for deduction?
And if you check that worksheet, look up at the top check boxes.  If the Foreign box is checked it won’t calculate a taxable amount.   People have been skipping that question or answering it wrong.  ... See more...
And if you check that worksheet, look up at the top check boxes.  If the Foreign box is checked it won’t calculate a taxable amount.   People have been skipping that question or answering it wrong.   Right after you enter the SSA-1099 the next screen asks if you lived in a Foreign country.   
I added Solar Panels to my home but received a loan for these. How do I enter those to receive the tax credit