All Posts

The insulation, doors and windows are not eligible for the home energy efficient credit if it is not your primary residence.  One of the criteria for that credit is that it is your primary home.  It cannot be a rental property nor can it be new construction.   The question is, what is the purpose of this property?  Is it going to be a rental property?  If so, the remodel of the garage into a home would be considered an asset, so you would list it as such on your Schedule E, when the property is ready and available for rent.  It would be considered an improvement and added to the cost basis of your property to depreciate.     The appliances would be a separate asset to be depreciated when the property is ready to rent. Depending on the cost, you may be able to fully depreciate them in the first year using the Safe Harbor.    If it is just going to be for your personal use later on, then the modifications would be added to your cost basis for when you sell the home.     Regardless of the intended use, be sure to keep the receipts for the property improvements for when you do sell the home you will have the documentation readily available. 

We anticipate the Special Depreciation error for prior year assets should be updated on or after February 13, 2026. Our tech team is working hard to release the updates before that date.    You can sign up for email notification here.

The easiest way to deal with this is to switch to the desktop program.  You will have a lot more control over the return that way.   Here is how to switch over to the desktop program from the online version.

@user17708393837 wrote: i purchased turbo tax standard 2025 how do i download it If you are referring to a Canadian tax return, go to this TurboTax Canada website to download your software purchase - https://turbotax.intuit.ca/tax/software/download

Sorry I don’t understand your question.   Please explain more.   Are you using the Online version?   Online is only good for 1 return per account.  Don’t use your account or you will overwrite your return and it will be gone.  And you have to pay for each account separately so it might get expensive.   You can start another return in TurboTax Online by: Logging out if you are in your account Choose what TurboTax Online product you want to use for the second return Create your account screen Set up a new login for the second return Start working on the new return   The Desktop program can do unlimited returns and efile 5 federal for free.  You can buy the Desktop Download program directly from Turbo Tax TurboTax® 2021-2022 CD/Download Tax Software, Compare Desktop Tax Preparation For 2025 You will need Windows 11 or Mac OS Sonoma 14 or later  

This was exactly what I needed to fix my problem. THANK YOU! I was never prompted on the EasyStep method to enter this percentage. I checked each question over and over. I was able to enter manually on the forms with your detailed description, thank you! Saved me from going mad haha!

To complete and file a 2024 tax return using TurboTax you would need to purchase, download and install on a personal computer one of the 2024 desktop editions from this website - https://turbotax.intuit.com/personal-taxes/past-years-products/   A 2024 tax return can only be printed and mailed, it cannot be e-filed using TurboTax.

Did you get a 1099R for it?  Did you take a withdrawal or get payments?   Enter a 1099R under Federal Taxes Wages & Income Then scroll way down to Retirement Plans and Social Security Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start   For state boxes,  if box 16 is empty or zero then for box 16 State Distribution put the same amount that’s in box 1.  If box 14 is blank you can leave boxes 14,15 & 16 blank.

Appreciate all the help. I just need to know how to enter my New York State 2025 1099-G on 2025 TurboTax Deluxe Windows Desktop Version with Box 1=2025 and Box 2=$300. When I first enter the info under local and state refund 1099-G section on TT, upon entering 2025 as the tax year, TT will not allow me to do so. Per AmyC, I changed the year to 2023 and that got me through. If you guys still think this is not correct, please advise.

As stated in my post, I have interest from savings accounts from Banks in India that do not issue 1099-INT nor do they have FEINs. Pl see screen shots below. TT accepts 11-1111111 for FEIN in the step-by-step process but flags it in the Forms view and Federal Review step.    

There are 3 energy credits with different rules.  Generally speaking: 1. clean energy for a home (solar, geothermal, wind, etc) 2. energy efficient improvements (windows, doors, insulation) 3. energy efficient property (heat pump, a/c, hot water heater, etc).   Category 1 and 3 can be claimed for "a dwelling" that is used by the taxpayer as "a residence" (you live there some of the time).  Category 2 can only be claimed for a dwelling that is your primary residence (you live there most of the time).   If you have items #1 or #3 on this conversion, I would have to look more into whether you can claim the costs for a building you are converting into a dwelling but is not a dwelling yet. (Are you basically making an accessory dwelling (mother-in-law cottage) on your main property?)   But if you have items in category #2, they would not be eligible in any case.   And the credit ended on Sept 30, 2025, so any improvements would have to be installed before that date to be eligible.  

Filed vs not filed: Not filed: Depending on what you are trying to do: To enter the information on sch A - go to deductions and credits To view your sch A - view your forms Already filed: view your tax forms. If you don't see sch A, check to see if you used itemized or standard deduction. You may have used standard and there is no Sch A.