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@sking10 Since taxes were withheld, he should be receiving a W-2 from the employer. He can file his own tax return to get a refund of the taxes withheld.  Make sure that he indicates on his tax return that he can be claimed as a dependent.

With your 2025 TurboTax desktop software started - Click on Online at the top of the desktop program screen Then click on Updater Preferences.  Make sure that Automatically download updates is selected.   Additionally, you can check for updates at any time by clicking on Online and then click on Check for Updates

My teenage son made around $4500 in 2025 for which he received one lumpsum payment and the paystub shows taxes were withheld. Would the best case in this be file his taxes to get the refund back since what he earned is considered below the threshold? Anything else I should consider? Thanks!

@taxmodern wrote: The short answer, is yes, rentals typically do qualify for Section 195 startup expenses.   The answer, actually, is "No, rentals typically do not qualify for Section 195" as MOST rental properties are considered to be passive investments and NOT active trades or businesses.

@taxmodern wrote: Even if you pay it in 2026, you still couldn't claim all of it as a rental expense.   I don't believe that is accurate. @sockfight-1 wrote, " (Assuming the home is a rental for all of 2026)" and, if that's the case, then 100% of the expenses paid in 2026 are rental expenses and can be deducted (subject to the passive loss rules).

@RLPerch    Depends on when you bought and installed. Regular updates were issued in early Dec, but none on Christmas week or New Year's week.   We are all waiting for an expected update overnight on 5 or 6 January...so check 7 Jan. .....but perhaps some programming update disaster will delay it all until late in the week or even the week after.

And if you did have overtime.....they just meant that the Overtime entry area will be ready later. So you will likely have to revisit that W-2 area later.....when you actually get your real W-2. Do not file until the end of January at the earlies....to file any earlier just invites a tax filing disaster that will be difficult for YOU to fix. Mid-Feb or early March is safer.

I finally got my problem resolved.  After working my way through Intuit's a.i. response algorithms, I finally reached a live person.  Then after having my called cancelled by the first two, the third tech support person knew her stuff.  It turned out to be a corrupted CC+ file.  Once this was replaced, everything is working fine.

First of all---it is too early and you cannot e-file your tax return yet, so slow down on that.  The IRS will not begin to accept returns until very late January.   The software is not yet ready for the tax law changes regarding overtime, so you will have to wait for the update.

If you used desktop software downloaded/installed from a CD to your own computer, then the tax files are stored locally on your own hard drive or any backup device you used like a flash drive.  They are not stored online.  If you cannot recover them due to a hard drive failure, etc. you can get a free transcript from the IRS or for a fee of $30 an actual copy of your tax return. https://www.irs.gov/individuals/get-transcript https://www.irs.gov/pub/irs-pdf/f4506.pdf @raynperrault

You have to access your own account and/or  print it for yourself using exactly the same account and user ID that you used when you prepared the return.    https://myturbotax.intuit.com/   Start a 2025 return online and enter some personal information  so that the menu on the left opens up and lets you access your past year returns.   https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/01/27010     https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m5y4ch1y   Many people have multiple TT accounts and forget how to access them.  Log out of the account you are in now.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx Account Recovery     Or did you use the desktop version of TurboTax?  If so, the files are on your own hard drive or any backup device you used like a flash drive.     hhttps://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/find-last-year-tax-data-file-tax-file-computer/L0XJvPaJr_US_en_US?uid=m6gufxei     https://ttlc.intuit.com/turbotax-support/en-us/help-article/data-systems/find-tax-data-file-mac/L4VNGm33S_US_en_US?uid=m6guhab0   You can get a free transcript from the IRS or for a fee of $30, an actual copy of your tax return. https://www.irs.gov/individuals/get-transcript https://www.irs.gov/pub/irs-pdf/f4506.pdf       SAVE YOUR TAX RETURNS ! EVERY year before mid-October you should save a copy of your tax return as a pdf and print a copy of it for your records.  That way you will not be searching online frantically when you need it for a lender, FAFSA forms, your next tax return, etc.    https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m6guj526   https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m78eb8pc In order to transfer a past year return to the new return you need the tax file   https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-turbotax-online-return-tax-data-file/L4xwOG3LF_US_en_US?uid=m6guk3xl   NOTE:  TurboTax and the IRS save returns for seven years.  Returns older than seven years are purged.