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  The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO.  You do not need to take any extra steps to enter it. (And…the... See more...
  The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO.  You do not need to take any extra steps to enter it. (And…the new senior deduction has nothing to do with whether you are getting Social Security)   The deduction is not on the same line as your standard deduction.  It is shown separately on line 13b.     2025 STANDARD DEDUCTION AMOUNTS SINGLE $15,750  (65 or older/legally blind + $2000) MARRIED FILING SEPARATELY $15,750  (65 or older/legally blind +1600) MARRIED FILING JOINTLY $31,500  (65 or older/legally blind + $1600) HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)     For 2025 through 2028 there is an extra  deduction amount of up to $6000 per individual 65 or older filing Single, MFJ, or HOH which is phased out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.   (The deduction phases out completely at $175.000 Single or HOH, or $250,000 joint)   The $6,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e.  Turbo Tax automatically includes it. IRS Schedule 1-A https://www.irs.gov/pub/irs-dft/f1040s1a--dft.pdf   Need to see it? https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr   If you are not getting the senior deduction it is because Your date of birth in MY INFO shows that you were not 65 by the end of 2025 Your income is too high You are filing married filing separately  
Correction: I can't get accurate amounts to enter into the tax forms for my husband's accounts because his accounts are now frozen. How do I find out these amounts?
Those estimated tax payments are entered on Line 26 of the Form 1040 and are included in your Total Tax Payments.  The Total Tax Payments are subtracted from the Total Tax owed.  The TurboTax program... See more...
Those estimated tax payments are entered on Line 26 of the Form 1040 and are included in your Total Tax Payments.  The Total Tax Payments are subtracted from the Total Tax owed.  The TurboTax program calculates all of this for you.   To enter, edit or delete estimated taxes paid (Federal, State, Local) - Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Estimates and Other Taxes Paid On Estimated Tax Payments, click on the start or update button   On Federal estimated taxes for 2025 (Form 1040-ES), click the start button   Federal estimated taxes paid are entered on Form 1040 Line 26
Is a Toyota Rav4 Hybrid vehicle qualify for the clean vehicle tax credit?
If you owe tax due, you have to pay it yourself by the filing deadline on April 15, 2026.      If you have federal tax due you can pay by mailing your payment with the 1040V voucher, (which has... See more...
If you owe tax due, you have to pay it yourself by the filing deadline on April 15, 2026.      If you have federal tax due you can pay by mailing your payment with the 1040V voucher, (which has the address printed on it, having the payment taken out of a designated bank account, or you can pay directly on the IRS website.    https://www.irs.gov/payments   https://www.irs.gov/payments/pay-your-taxes-by-debit-or-credit-card   https://ttlc.intuit.com/community/tax-payments/help/how-can-i-pay-my-federal-taxes/00/26212     https://ttlc.intuit.com/community/tax-payments/help/how-do-i-pay-my-irs-tax-due-with-a-check-or-money-order/00/26403      To apply for a payment plan with the IRS   Apply Online for a Payment Plan     You must pay your state tax due using the state’s preferred method of receiving payment.  For most states that will be by making a payment to the state’s own tax website, or by mailing a check or money order.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/state-taxes/contact-state-department-revenue/L9qVToi02_US_en_US?uid=m6e06um0   WHAT IF I CANNOT PAY MY TAX DUE? https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-payments/pay-taxes/L8aQBCpPO_US_en_US?uid=m9iryksw  
I,m 67 yo and the $6000 sr credit is not showing up under my deduction
There's a choice to make.  You can deduct either:   State and Local income Taxes. Or Sales tax It sounds like you paid more than $10K in income taxes.
Are you looking for another account?  How to view all your accounts https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?ui... See more...
Are you looking for another account?  How to view all your accounts https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx It's common to end up with multiple accounts. First LOG OUT of whatever TurboTax account you're logged into right now. Then use this TurboTax account recovery website to get a list of user ID's for an email address. Run the tool against any email addresses you may have used https://myturbotax.intuit.com/account-recovery/ If you used the Desktop CD/Download program then the only copy is on your computer and not saved or stored online.
You could open your return for the last year depreciation was calculated, update if needed, and re-save.  Try transferring this file to the next year's program to see if depreciation is calculated in... See more...
You could open your return for the last year depreciation was calculated, update if needed, and re-save.  Try transferring this file to the next year's program to see if depreciation is calculated in the Asset Summary section.  You should get a screen stating current year depreciation amount at the end of that section.  If no changes were made to the Asset, but you don't get a depreciation deduction, you may need to Edit/Re-enter your asset. You should see amounts for Cost/Prior Depreciation.    If you used the trailer for both rental/personal days, it's possible you may not get a depreciation deduction, or if you claimed bonus/179 depreciation the first year.  Review the first year's Depreciation and Amortization Report and check your Asset entries for the first year you set up the rental.    @siebertclan         
How do I recover a turbo tax already begun online using turbo tax business
Here are the most likely reasons why your New York State tax liability is zero:   1. Your Income is Below the Standard Deduction New York has its own standard deduction that is separate from... See more...
Here are the most likely reasons why your New York State tax liability is zero:   1. Your Income is Below the Standard Deduction New York has its own standard deduction that is separate from the federal one. If your New York Adjusted Gross Income (NYAGI) is lower than this amount, your taxable income becomes $0. Single (and can be claimed as a dependent): $3,100 Single (and cannot be claimed as a dependent): $8,000 Married Filing Jointly: $16,050 Head of Household: $11,200 2. Tax Credits Wiped Out the Liability New York offers several non-refundable credits that can reduce your tax bill all the way to zero (though they won't give you a refund for the excess). Common ones include:   Household Credit: A small credit for low-to-moderate-income filers.  Resident Credit: If you worked in another state (like NJ or CT) and paid taxes there, New York gives you a credit for those taxes so you aren't taxed twice. Often, this credit is large enough to completely offset what you would have owed to NY. Child and Dependent Care Credit: If you have high childcare expenses. 3. Your Income is Non-Taxable in NY Certain types of income are exempt from New York State tax even if they are taxed federally:   Social Security Benefits: NY does not tax Social Security. Pension Exclusion: If you are over 59½, you can exclude up to $20,000 of qualified pension and annuity income. Government Pensions: Most NYS, local, and federal government pensions are 100% exempt. These are the most common reasons that may or may not fir your particular case.
No one has used a 1040EZ since 2017.    Everyone uses federal Form 1040.   W-2 employees cannot deduct job-related expenses on a federal return.  Job-related expenses were eliminated as a federal... See more...
No one has used a 1040EZ since 2017.    Everyone uses federal Form 1040.   W-2 employees cannot deduct job-related expenses on a federal return.  Job-related expenses were eliminated as a federal deduction for W-2 employees by the tax laws that changed for 2018 and beyond.  Your state tax laws might be different in AL, AR, CA, HI, MN, NY or PA.     If you are preparing a return for a state that lets you deduct job-related expenses, the information will flow from your federal return  to the state return, so enter it in Federal>Deductions and Credits>Employment Expenses>Job-Related Expenses  
I am on the step entering my 1099-SA and am being asked to fill in my HSA contributions from Box 12...but there are so many codes I don't know which it is looking for.
There was a question in TT asking if I filed form 6251 last year. I  answered no but should have said yes. Does anyone know how to go back and change the response?