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4 weeks ago
did a draft of taxes and my married filing jointly deduction is 34700(31500 plus 1600 plus 1600) did not give me any of the 6000 income reduction in big b. bill. I am just slightly over 150k gross...
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did a draft of taxes and my married filing jointly deduction is 34700(31500 plus 1600 plus 1600) did not give me any of the 6000 income reduction in big b. bill. I am just slightly over 150k gross income ..all of ss and savings income. is it not loaded in yet??
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4 weeks ago
Topics:
4 weeks ago
Health insurance premiums would be entered as medical expenses, an itemized deduction. You would enter the amount in the Deductions and Credits section of TurboTax, then Medical and then Medical Expe...
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Health insurance premiums would be entered as medical expenses, an itemized deduction. You would enter the amount in the Deductions and Credits section of TurboTax, then Medical and then Medical Expenses. The deduction will only benefit you on your federal tax return if you have enough itemized deductions to surpass your standard deduction. Also, medical expenses are only deductible to the extent the total of them exceeds 7.5% of your adjusted gross income.
@smjcwright
4 weeks ago
4 Cheers
Despite displaying "success", for the second time this error message was received: "Your transmission didn't go through We could not e-file your return for the following reason: Tax ...
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Despite displaying "success", for the second time this error message was received: "Your transmission didn't go through We could not e-file your return for the following reason: Tax Year 2025 transmissions are not available." Seems as though it's an internal TurboTax issue?
4 weeks ago
Some 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 yo...
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Some 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.
4 weeks ago
Also note that the other major DIY tax programs don't have Merrill Edge (yet) either.
4 weeks ago
I am having the same issue when the code is properly input as I7Q6. TurboTax will not let me e-file because of this error.
4 weeks ago
I now have a MacBook, and I also tried transferring my 2024 Windows 10 tax form (*.tax2024), but it would not do it. If you look below where it says Manage Your Returns, there is an option to: OPEN A...
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I now have a MacBook, and I also tried transferring my 2024 Windows 10 tax form (*.tax2024), but it would not do it. If you look below where it says Manage Your Returns, there is an option to: OPEN A DIFFERENT RETURN. I used that option and was successful in making the transfer. Good Luck
4 weeks ago
@Barbarawolz Ok...you click on the box...nothing should happen right then .....then scroll down the page to click on the blue "Continue" box
4 weeks ago
You don't need to itemize between shoes, shirts, and the like as you can just use "clothing". However, you do need to enter the date of each donation.
4 weeks ago
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4 weeks ago
In the community, we do not have information about this. You should have received emails though.
Look for Confirmation Emails
If you applied, you should have received automated emails from T...
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In the community, we do not have information about this. You should have received emails though.
Look for Confirmation Emails
If you applied, you should have received automated emails from TurboTax and its partners.
From TurboTax: Search for an email confirming your "Refund Selection."
From Credit Karma: If you were approved, Credit Karma sends an email when the funds are deposited into your Credit Karma Money Spend account.
From WebBank: If your application was denied, you will receive an email from WebBank (the lender) explaining the reason for the decline.
4 weeks ago
How to enter capital gain/loss transactions:
Select Federal
Then Wages & Income
Under Investments and Savings select "Add/Edit" or "Start"
Select Stocks, Cryptocurrency, Mut...
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How to enter capital gain/loss transactions:
Select Federal
Then Wages & Income
Under Investments and Savings select "Add/Edit" or "Start"
Select Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B, 1099-DA)
Follow the prompts to enter your reportable sales, and the system will populate Schedule D based on your entries.
4 weeks ago
Some 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...
See more...
Some 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.
4 weeks ago
Sorry no recommendations. I have used TurboTax since it first came out. In recent years I have been disappointed each year with less value and less functional support. They have streamlined the bu...
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Sorry no recommendations. I have used TurboTax since it first came out. In recent years I have been disappointed each year with less value and less functional support. They have streamlined the built in functional value to the point where I am looking to either switch or just do it by hand. Good luck.
4 weeks ago
I have a W-2 with exempted income under Rule 2014-7. The income shows qualified overtime. The program is deducting the exempted income overtime as a deduction against regular income. This can't be...
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I have a W-2 with exempted income under Rule 2014-7. The income shows qualified overtime. The program is deducting the exempted income overtime as a deduction against regular income. This can't be right. Is there a fix in the wind or is this exempted income actually deductible?
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4 weeks ago
Look in these specific places in your account or your email to find the details.
Check Your TurboTax Order Details
On the Tax Home page, scroll down to the section for "Your tax returns & ...
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Look in these specific places in your account or your email to find the details.
Check Your TurboTax Order Details
On the Tax Home page, scroll down to the section for "Your tax returns & documents."
Select View Order Details.
Look for "Refund Advance" or "Credit Karma Money" listed under your payment and refund methods.
If it’s not there, you likely selected a standard direct deposit or a different refund option.
Look for Confirmation Emails
If you applied, you should have received automated emails from TurboTax and its partners.
From TurboTax: Search for an email confirming your "Refund Selection."
From Credit Karma: If you were approved, Credit Karma sends an email when the funds are deposited into your Credit Karma Money Spend account.
From WebBank: If your application was denied, you will receive an email from WebBank (the lender) explaining the reason for the decline.
Check Your Credit Karma Money Account
Because the Refund Advance is deposited into a Credit Karma Money™ Spend account, checking that account is the fastest way to see if the loan was processed.
Log in to your Credit Karma account.
Navigate to the Money tab.
If you see a pending or completed deposit for a portion of your refund (typically between $250 and $4,000) shortly after the IRS accepted your return, that is your Refund Advance.
Review Your Tax Return Summary
You can also find clues on your actual tax forms:
Open your 2025 return in TurboTax
Go to the Tax Tools menu on the left
Select Print Center
View your Federal Information Worksheet
Look at the "Direct Deposit" section
If you signed up for the advance, the bank account listed will be the MVB Bank account associated with Credit Karma, rather than your personal bank account.
4 weeks ago
I've completed the rest of my taxes, but I can't file, because I can't enter my equipment purchases. When will it be ready?
4 weeks ago
My understanding is that they're working on it and Merrill's 1099-Bs are not ready for import anyway.
4 weeks ago
Perhaps you stored your .tax2024 files somewhere else on your old computer other than the default TurboTax > Documents location.
Search for any .tax2024 files on your old computer and then copy...
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Perhaps you stored your .tax2024 files somewhere else on your old computer other than the default TurboTax > Documents location.
Search for any .tax2024 files on your old computer and then copy them to your new computer.
Here's more info on How Do I Find Tax Files on My Computer.
@sgrant25