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The new deduction for seniors is a deduction, not a credit. And it has nothing to do with Social Security. (The deduction for seniors is intended as a substitute for the campaign promise of no tax on Social Security, but it has no connection with the taxable amount of Social Security on your tax return.) A credit directly reduces your tax by the amount of the credit. A deduction reduces the amount of your income that is taxable. If your taxable income is in the 12% tax bracket, a $6,000 deduction reduces your tax by $720 (12% of $6,000).  

This TurboTax support community is run by Intuit, the company that makes TurboTax, to help its customers use TurboTax to prepare their tax returns. If you are using TurboTax you do not fill out the schedules yourself. You enter the information from your forms, such as 1099-SA, 1099-INT, and 1099-B, and TurboTax puts the information in the right places on the schedules or other forms in your tax return.  

@tj-21 wrote: Please reconsider, otherwise I'm leaving too!!!! If you want to continue to use Windows 10 and don't want to go with Online, you should simply buy H&R Block's software now. I mean, I highly doubt Intuit is going to have a change of heart at this point.

Thanks, @DoninGA    I just wonder how old that list is. I understand that there is a "2026" at the bottom of the page but E*Trade is now going by E*TRADE from Morgan Stanley and that page lists "E*TRADE Bank" and "E*TRADE Securities" which they haven't used (separately) for a few years. I suppose it remains to be seen but the omission from the list (as mentioned by others) is a pretty glaring omission.

You may be mixing up the phaseout rules for the four new deductions. The phaseout ranges are different for each deduction. The deduction for car loan interest is eliminated (phased out completely) if MAGI is $150,000 or more for individuals, $250,000 for married filing jointly.  

The explanation for fixing this error is very vague. I installed desktop version on two computers. One computer runs on Windows 10 and the other one runs on Windows 11. Verification on PC with Windows 10 went very well, no problems. Verification on PC with Windows 11 produced error 607. I tried three times to uninstall Turbo Tax on that PC and received the same error three times. Interesting, Intuit doesn't recommend installing on PC with Windows 10, but clearly PC with Windows 11 has some problems.

And once again, I will point out that this thread has never been about filing.   It has been about Intuit taking a dramatic shift in 2025 to make the product nearly useless for year-end tax planning. Here we are January 7th, and you still cannot model complex qualified distribution strategies in TurboTax. This is unprecedented. TurboTax has always distinguished itself from simple tax prep software by offering guidance in complex situations that goes well beyond form filler software. For decades, I've always purchased TurboTax as soon as I could get it because I needed something more sophisticated than Dinkytown, FreeTaxUSA, or my own spreadsheets could provide. I've never seen TurboTax released with so many gaps, and those gaps are still here today.   Trying to blame this on tax software changes is a red herring. Tax laws changes are always going to keep Intuit busy. In 2017, there were bigger changes that were closer to Nov/Dec and TurboTax had most of it covered (again, for the purposes of estimation) just fine. And I guess I should point out that Intuit was saying TurboTax was up to date with all the changes back in early November.

For a few weeks, TurboTax was offering a “Flex Advance” loan, but that program has now been permanently closed for the rest of the year.   In January there will be a refund advance loan that you may be eligible for when you are ready to file; no money is issued to you until your e-file is accepted by the IRS.  The IRS will not begin to accept 2025 e-files until January 27.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refund-advance/L52Mg0G5u_US_en_US?uid=mit7zs6h