All Posts

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)     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  

Some of our customers are experiencing issues when trying to file and pay with their refund.  We are investigating this issue.  However, if you would prefer to file now, you can do so by switching to pay your TurboTax fees with a credit card instead of using the pay with my refund option by following these steps.   You must meet the following conditions in order to use the pay-with refund feature:   Your refund must be enough to cover your TurboTax fees. You must have an address in the United States. You must be e-filing. The name on the bank account must match the name on the tax return. Your refund must be directly deposited into a single account.  Please continue to check back as many sections are currently being updated.     Some of TurboTax forms and features may not be ready because they are awaiting finalization from the IRS or certain state Departments of Revenue.  Some of the new tax laws require existing software to be revised or new tax forms to be finalized. TurboTax Online updates for new tax laws and other features, but they are done automatically in your web browser. You do not have to manually update like in TurboTax desktop software.     If you are using TurboTax Desktop, you can manually check for updates for  your TurboTax program by clicking on "Online" in the black bar near the top of your screen and selecting "Check for Updates. Click here for Can I pay with my refund?     Please return to Community if you have any additional information or questions and we would be happy to help.  

You can switch from TurboTax Online to TurboTax Desktop.    Refer to the TurboTax Help article How do I switch from TurboTax Online to TurboTax Desktop? for more information.   You will have to call TurboTax Support to find out how to get credit for your purchase of TurboTax Online.     Refer to the TurboTax Help article What's the TurboTax phone number? for contact information,

Follow these steps: Open to the business income section There is a list of forms and words for income Look underneath the 1099-K option and locate general income for other income not reported on forms. Select general income Enter description - enter whatever description best fits you. Cash in a  broad term the IRS uses to include cash, cash apps, tips, and bartering.  Enter amount earned  Select the learn more box regarding tips as things can change.  

Yes, this can be confusing, but the carryover section reports prior years and not ‌necessarily just this year in 2025. You need to check the following.    To check if your 2024 carryover is‌ reducing your 2025 taxes, you need to look at Form 1116, Part III, Line 10. Line 9 shows the foreign taxes you paid this year ($5,596). Line 10 shows the carryover amount being brought into 2025. Line 14 is the total available. If your Line 21 (Maximum Credit Limit) is higher than your Line 9 (Current Year Taxes), TurboTax will automatically use your carryovers from 2024 to fill that gap. Since you are showing AMT,  TurboTax is calculating two separate credits. You have two different carryover balances (Regular Tax and AMT) that must be tracked separately for 10 years.   Yes, based on the information you provide, you are creating a carryover balance into next year. Based on your figures:   You paid $5,596 in foreign taxes, but your US tax liability on that specific $19,984 of interest only allowed you to take $3,729. You will have approximately $1,867 ($5,596 - $3,729) in "unused" 2025 foreign taxes. This $1,867 will be added to your 2024 carryover. If you move the entire balance to a US Bank in 2026, then there is no more foreign-source income to report. Since your Form 1116, Line 17 will be zero., any number multiplied by zero is zero, meaning your available credit for 2026 will be $0. Your carryovers will remain unused.    Moving your money gradually, as you suggest, is a better idea. You want just enough foreign interest income each year to create a "limit" on Form 1116 that exceeds the taxes you pay that year. This allows you to use the carryover from 2024 and 2025.          

Yes, it's possible to file Form 4684 due to a Ponzi scheme or investment arrangements. We're sorry to hear about this loss. Unfortunately, this type of loss can be particularly complicated for tax purposes, and in many situations the tax treatment depends on factual determinations best handled by an attorney. TurboTax does not support tax losses from investment fraud. We recommend consulting a tax professional if you've experienced this situation.      

If the distribution is not taxable and the insurance company issues no Form 1099-R because they know that, no reporting of the distribution is necessary on your tax return, no need for a substitute Form 1099-R (Form 4852).

Someone else claimed my dependent and my return was rejected If someone else claimed your dependent already, then your e-filed return will be rejected.  Print, sign and mail your own return which claims your dependent.  Mailed returns are processed differently by the IRS.  It will take some time (maybe even up to a year) but eventually the IRS will contact both parties and sort out who could rightfully claim the dependent.  The person who wrongfully claimed the dependent will face repayment of refund $, plus penalties.   When you mail a tax return, you need to attach any documents showing tax withheld, such as your W-2’s or any 1099’s.  Use a mailing service that will track it, such as UPS or certified mail so you will know the IRS/state received the return.         https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/somebody-already-claimed-dependent/L6vt9aDBv_US_en_US?uid=m68dbfw6     WAYS TO PROVE TO THE IRS THE CHILD LIVED WITH YOU  https://www.irs.gov/pub/irs-pdf/f14815.pdf   OR.....to e-file   GET IP pin in order to e-file if your dependent’s SSN was claimed on another return   https://www.irs.gov/newsroom/irs-takes-steps-to-help-prevent-refund-delays-by-accepting-duplicate-dependent-returns-with

When I clicked Add Investments in a 2024 return on my Mac, the next screen displayed the page where you can choose to import or skip import and then displayed the entry section. I am only able to work with unfiled test returns on my Mac.   You can try these basic troubleshooting steps:   Though we generally don't recommend making entries in Forms Mode, you could try going to forms mode to test whether you can make an entry in Interest income there, and then go back to East Step.   For the best experience, ensure your browser (Safari, Chrome, Firefox, or Edge) is updated to the latest version. Chrome generally works well with Mac.  Clearing cache and cookies often helps as well. Try exiting the program and reentering it, and restarting your device.   If you have tried all of the troubleshooting steps offered and are still having an issue, please click here for information to contact TurboTax customer support. Please advise as to whether you reached Support and were able to resolve your issue.   [Edited 02/02/26| 10:39AM PST]  @hqubic :  (edited)   

Here are the three things that other users have used to bypass this specific error:   Strangely, this often affects the selection but not the scrolling. Click into the Month dropdown box. Do not try to click on 09–12 with your mouse cursor. Instead, use the physical scroll wheel on your mouse (or swipe with two fingers on a laptop trackpad) to scroll down to the correct month. Once the correct month is highlighted, press the Enter key on your keyboard rather than clicking it. The mouse click is often what triggers the the error in the field. Click into the Credit Card Number field. Use the Tab key on your keyboard to jump to the Expiration Month field. Immediately type the two digits (e.g., 11) without using your mouse at all. Tab again to move to the Year field. If you are using the online version, this is often caused by a "script error" in your browser's cached data. Open a New Incognito Window. Log back into TurboTax and go straight to the payment screen. Often, the "fresh" session in Incognito will allow the dropdown to function properly.

Yeah...some folks , for some reason, encountered a similar situation....mostly with SSA-1099 forms.   Deleting a carried over form in their forms list  (Forms Mode for the Desktop users), and then re-entering it in the interview....that usually fixed the situation for them

 We do not know what "I don't make enough" means---we cannot see your tax return.  But if you do not have income from working you will not be eligible for child-related refundable credits.   Have you entered income from working in 2025?  If not,  you will not receive an income tax refund based on having dependent children.     The maximum amount of the child tax credit is now $2200 per child; the refundable “additional child tax credit” amount is $1700.   In order to get that credit, you have to have income from working.   Take the amount you earned from working.   Subtract $2500.   Multiply the rest by 15%.  That is the additional child tax credit per child that you canget—- up to the maximum of $1700 per child.   If the amount you earned from working was low, you will not get the full $1700 per child.    If your child is older than 16 at the end of 2025, you do not get the CTC.  But you may still get the non-refundable $500 credit for other dependents instead.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/child-tax-credit/L2lNhfGDl_US_en_US?uid=m68dfq2u   https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/additional-child-tax-credit/L6xFeMFEf_US_en_US?uid=lqnuygah https://www.irs.gov/help/ita/does-my-childdependent-qualify-for-the-child-tax-credit-or-the-credit-for-other-dependents     And for the Earned Income Credit—-   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/qualifications-earned-income-credit-eic-eitc/L7w4BFP32_US_en_US?uid=m62rmz09   https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant   https://www.irs.gov/pub/irs-pdf/p596.pdf   Look at your 2025 Form 1040 to see the child-related credits you received   PREVIEW 1040 https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr   Child Tax Credit line 19 Credit for Other Dependents line 19 Earned Income Credit line 27 Additional Child Tax Credit line 28     AND….If you have children but had  little or no income, it raises the question of how you and the children were supported.  There may be another tax-paying adult who can claim you and/or the children as dependents.       @Kdelpage05