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Yes, the program knows the 2555 is off limits since it can't be used to claim the foreign tax credit. The rules are:  legal liability to the US on the income (income that is excluded from US tax is not allowed in the calculation)  tax was paid in 2025 actual income tax If all true, then you are allowed to claim the foreign tax credit. If the income credit is over $300/$600MFJ, then Form 1116 must be filled in. In addition, the credit is limited to the lesser of actual foreign tax paid or the US tax liability on the foreign income. You do get to choose within limits, how you want the income and taxes listed. The goal is to get the correct credit on your return- even if it prevents filing. I hate to ask you to review your entries - maybe one more time since E-filing is preferred: but, the IRS does take paper.

It's possible this is browser-related. Please log out of TurboTax, refresh your browser, and clear your cookies and cache. Then restart your browser and log into TurboTax again. Or try a different browser.   For more help, please see: How do I delete cookies? How to clear your cache

Although the forms availability table indicates that Form 4562 is ready to e-file, the final update for depreciation calculations has not been released.   We recommend that you wait a few days for additional TurboTax Online updates to be released, which should resolve the experience you're having with Depreciation.

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.

It is 1/28/2026 and I am still getting emails saying that Form 5695, Residential Energy Credits is available, but when I update Turbo Tax the program is still saying that the form is not ready.  And when try to force an update with Turbo Tax it says my software is up to date.   What is the problem? Is Form 5695, Residential Energy Credits ready of not?

I see what you are seeing and the issue has been reported. As a workaround, you can use September 30, 2025 as the date placed in service for now  so that you can work on other parts of your return with a better idea of the accurate numbers. Regularly check for software updates for a resolution to the issue.

Although the forms availability table indicates that Form 4562 is ready to e-file, the final update for depreciation calculations has not been released.   We recommend that you wait a few days for additional TurboTax Online updates to be released, which should resolve the experience you're having with Depreciation.

Here is where the option is if you qualify. When you get to the screen that says, "Get your federal refund faster" and it gives the option of Fast deposit to Credit Karma or a bank account, select "No thanks". The next screen is "How would you like to receive your federal refund?" If you are eligible for the Refund Advance, you will see this as an option.   The Refund Advance is not available to everyone.    Here are a couple things to check: If you are using a TurboTax partner affiliate link to use the software, the Refund Advance will not be available. If you select the 5 Day Early Refund Delivery, you will not see the Refund Advance option, but you can return to the refund selection page and find all the options listed. See this resource for more information:  Offer details and disclosures for the Refund Advance  program   Refund Advance Eligibility Here are some of the eligibility requirements to qualify for a Refund Advance loan: You’re 18 or older Your expected federal refund amount is $500 or more You’re not a resident of North Carolina, Connecticut, or Illinois You’re e-filing your federal tax return with TurboTax Your physical address is listed on your tax return. Your address must be located in one of the eligible states and can’t be a PO box or prison address You’re not filing one of these tax forms: 1310, 4852, 4684, 4868, 1040SS, 1040PR, 1040X, 8888, or 8862 You aren’t filing on behalf of a deceased taxpayer You must report income on a Form W-2, 1099-R, or Sched C You must open or have an existing Credit Karma Money™ checking account

Don't confuse itemized deductions on schedule A with your business expenses/deductions on schedule C. They are separate. For Schedule A personal deductions, you get to take your itemized deductions or the standard deduction, whichever is larger. Itemized deductions are things like Medical, Gifts to Charity, State Income Taxes Paid, Mortgage Interest, Property Taxes, Car Registration fees, etc.   You get to take both, your business expenses AND the Standard Deduction (or your personal Itemized Deductions).   For Mortgage Interest you would not check it if you are only taking it on Schedule A for itemized deductions.