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2 hours ago
I reinstalled turbo tax 2022 but there is no activation code on the CD or the box. Please provide one for me. I purchase turbo tax every year since the year 2000 and need your help
2 hours ago
You need macOS Sonoma 14 or later to install the TurboTax software for tax year 2025
See this for minimum system requirements - https://turbotax.intuit.com/personal-taxes/cd-download/tta-system...
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You need macOS Sonoma 14 or later to install the TurboTax software for tax year 2025
See this for minimum system requirements - https://turbotax.intuit.com/personal-taxes/cd-download/tta-system-requirements/
2 hours ago
@cz2000 yes it does ---- see Schedule 1A Part-IV
2 hours ago
Also there is a difference of $145 between the cap gains in my Fed Return and GA Return (displays amt less 145)
2 hours ago
TurboTax automatically adds this deduction if you (and your spouse if filing jointly) are above the age of 65 by the end of the taxable year. It's based on your date of birth, with no need to check a...
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TurboTax automatically adds this deduction if you (and your spouse if filing jointly) are above the age of 65 by the end of the taxable year. It's based on your date of birth, with no need to check any boxes.
To verify your enhanced senior deduction for the year, see the instructions below:
The senior deduction pulls into your 1040 on Line 13b from a different form, and it is usually $6,000 for each taxpayer above age 65. In your tax return print PDF copy, search for a form titled Schedule 1-A Additional Deductions. The total on Schedule 1-A Line 37 is your enhanced senior deduction for the year. The sum of these additional deductions (on Line 38) should flow to Line 13b on your federal Form 1040 or 1040-SR.
To see or print a PDF of your tax return, select your product and follow the instructions.
TurboTax Online
Open or continue your return.
Select Continue or Start on Tax Home to enter your return.
Select Tax Tools from the menu.
Select Print Center, choose Print, save, or preview this year's return, and follow the instructions.
If you haven't yet paid your TurboTax Online fee (or registered, if you're using a free version), you'll need to do so before you can save the PDF.
TurboTax Desktop
Open or continue your return.
Select File.
Select Print/Save for Your Records.
Choose to either Save As PDF or Preview Print Copy.
See also: 2025 IRS Form 1040 instructions, What's New
2 hours ago
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...
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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.
2 hours ago
Click on Federal>Wages & Income>Wages and Salaries (W-2)>Add/Edit
2 hours ago
Topics:
2 hours ago
5 years; you are allowed to "recover the cost" of this vehicle by taking depreciation expense on your tax return for a 5-year period.
The term "5-year property" includes --
(i) any automo...
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5 years; you are allowed to "recover the cost" of this vehicle by taking depreciation expense on your tax return for a 5-year period.
The term "5-year property" includes --
(i) any automobile or light general purpose truck
Depreciation code section 168.
Learn more: TurboTax - Business Use of Vehicles
2 hours ago
MAC OS not allowing install of TurboTax 2025
Topics:
2 hours ago
Topics:
2 hours ago
TurboTax calculated an underpayment penalty on estimated taxes but as a NC resident I was to receive relief from the april and june quarterly payments as long as I paid by the postponed deadline of Se...
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TurboTax calculated an underpayment penalty on estimated taxes but as a NC resident I was to receive relief from the april and june quarterly payments as long as I paid by the postponed deadline of September 25, 2025
Topics:
2 hours ago
Does turbotax apply the new senior bonus standard deduction of $6000
Topics:
2 hours ago
No, there are no maximum income limits for 529-to-Roth IRA conversions.
Under the SECURE 2.0 Act, the standard Modified Adjusted Gross Income (MAGI) phase-out limits that usually prevent high e...
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No, there are no maximum income limits for 529-to-Roth IRA conversions.
Under the SECURE 2.0 Act, the standard Modified Adjusted Gross Income (MAGI) phase-out limits that usually prevent high earners from contributing to a Roth IRA do not apply to these specific rollovers.
You can find more information on 529 rollovers in IRS Publication 590-A.
2 hours ago
If you received your gambling winnings on a Form 1099-MISC instead of a W-2G, here is the procedure for entering it into your tax return:
Log into / open your return
Go to Federal
Wage...
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If you received your gambling winnings on a Form 1099-MISC instead of a W-2G, here is the procedure for entering it into your tax return:
Log into / open your return
Go to Federal
Wages and Income
Less Common Income
Gambling Winnings
Once you are in gambling winnings, indicate that you do not have a W-2G.
On the follow-up screen that says 'Did you receive any other gambling or lottery winnings not reported on a W-2G?' Answer yes.
Here you will report the amount of your gambling winnings from your form 1099-MISC.
On the next screen, you can report gambling losses. Do not enter more than the amount of your winnings.
Learn more: How to Pay Taxes on Gambling Winnings and Losses
2 hours ago
If you do not have any energy efficient commercial buildings deduction, try deleting Form 7205 which seems to be initiating this error.
Use the link below for your version of TurboTax to delete...
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If you do not have any energy efficient commercial buildings deduction, try deleting Form 7205 which seems to be initiating this error.
Use the link below for your version of TurboTax to delete a form.
If you're using TurboTax Online software and need to delete a form, click here.
If you're using TurboTax Desktop software and need to delete a form, click here.
Form 7205: Energy Efficient Commercial Buildings Deduction," is used by building owners and designers to calculate and claim the Section 179D tax deduction. It documents energy-efficient improvements to commercial buildings, such as lighting, HVAC, or building envelope systems, placed in service during the tax year.
What is the energy efficient commercial building deduction, Form 7205?
@bowenavi
2 hours ago
Because you have many transactions (25–30 rows), you can choose to enter a summary for each sales category instead of each individual trade.
Go to Federal Taxes > Wages & Income > Investment In...
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Because you have many transactions (25–30 rows), you can choose to enter a summary for each sales category instead of each individual trade.
Go to Federal Taxes > Wages & Income > Investment Income. Click Start or Update next to Stocks, Mutual Funds, Bonds, Other.
After entering your brokerage name, when asked "How do you want to enter your sales?", select Sales section totals.
Select Long-term basis not reported to IRS (noncovered). This corresponds to Box E on your 1099-B and will automatically place the data in Form 8949, Part II, Box E.
Enter the total proceeds and the cost basis from your 1099-B summary. ***If you use the summary method, the IRS requires you to mail a paper copy of your 1099-B detailing the individual transactions. TurboTax will generate Form 8453 (a transmittal form) to accompany your 1099-B details if you e-file. If you want to enter each transaction individually, you do not have to mail the details.
2 hours ago
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 ...
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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 State estimated taxes for 2025, click on the start button