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4 weeks ago
No--you are just looking at the wrong line.
The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO. You do not need...
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No--you are just looking at the wrong line.
The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO. You do not need to take any extra steps to enter it. (And…the new senior deduction has nothing to do with whether you are getting Social Security)
2025 STANDARD DEDUCTION AMOUNTS
SINGLE $15,750 (65 or older/legally blind + $2000)
MARRIED FILING SEPARATELY $15,750 (65 or older/legally blind +1600)
MARRIED FILING JOINTLY $31,500 (65 or older/legally blind + $1600)
HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)
For 2025 through 2028 there is an extra deduction amount of up to $6000 per individual 65 or older filing Single, MFJ, or HOH which is phased out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.
The $6,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. Turbo Tax automatically includes it.
IRS Schedule 1-A https://www.irs.gov/pub/irs-dft/f1040s1a--dft.pdf
4 weeks ago
Title says it all. When will this credit form be available? Other posts have stated by 21 JAN but that has come and gone; is there any expected timeframe?
4 weeks ago
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, la...
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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.
4 weeks ago
@tj-21 wrote: How is that the case, if they allowed Window 10 on the Canadian software? That's the case because these decisions were made months ago. They are not going to change their stanc...
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@tj-21 wrote: How is that the case, if they allowed Window 10 on the Canadian software? That's the case because these decisions were made months ago. They are not going to change their stance at this point.
4 weeks ago
You have had a learner's permit for more than a year? Well---then try to enter it and use it. Lots of people are having trouble with the NY document numbers on their DL's. Or----mail it.
4 weeks ago
Need to file free, federal and state
Topics:
4 weeks ago
1 Cheer
Lots of CT forms are not yet finalized.
Many federal and state forms are not yet available. Check here for form availability. The dates are subject to change.
Tax form availability tool
...
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Lots of CT forms are not yet finalized.
Many federal and state forms are not yet available. Check here for form availability. The dates are subject to change.
Tax form availability tool
4 weeks ago
Topics:
4 weeks ago
That is inaccurate. Not only does the NYS tax office say that I should select "driver's license" to enter the information but this is the same ID I used last year to e-file my taxes, also through Tur...
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That is inaccurate. Not only does the NYS tax office say that I should select "driver's license" to enter the information but this is the same ID I used last year to e-file my taxes, also through TurboTax
4 weeks ago
The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO. You do not need to take any extra steps to enter it. (And…the new...
See more...
The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO. You do not need to take any extra steps to enter it. (And…the new senior deduction has nothing to do with whether you are getting Social Security)
2025 STANDARD DEDUCTION AMOUNTS
SINGLE $15,750 (65 or older/legally blind + $2000)
MARRIED FILING SEPARATELY $15,750 (65 or older/legally blind +1600)
MARRIED FILING JOINTLY $31,500 (65 or older/legally blind + $1600)
HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)
For 2025 through 2028 there is an extra deduction amount of up to $6000 per individual 65 or older filing Single, MFJ, or HOH which is phased out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.
The $6,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. Turbo Tax automatically includes it.
IRS Schedule 1-A https://www.irs.gov/pub/irs-dft/f1040s1a--dft.pdf
4 weeks ago
When you use online TurboTax software you get one return per fee.
Each return needs its own account and user ID. If you use the same account and user ID for a second return, the second one ov...
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When you use online TurboTax software you get one return per fee.
Each return needs its own account and user ID. If you use the same account and user ID for a second return, the second one overwrites the first return and it is lost forever.
https://ttlc.intuit.com/community/using-turbotax/help/how-do-i-start-another-return-in-turbotax-online/00/25596
4 weeks ago
The enhanced senior deduction and higher standard deductions are automatically applied based on your birthdate entered - you do not need to make any extra entries to have the credits applied. You w...
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The enhanced senior deduction and higher standard deductions are automatically applied based on your birthdate entered - you do not need to make any extra entries to have the credits applied. You will see the deduction on Schedule 1-A, Part V when you print your return.
4 weeks ago
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4 weeks ago
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4 weeks ago
One thing that's always been the positive for TurboTax was the fact my information would roll over from year to year. Most of the time I wouldn't have too much I'd be waiting on. However, since 2023 ...
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One thing that's always been the positive for TurboTax was the fact my information would roll over from year to year. Most of the time I wouldn't have too much I'd be waiting on. However, since 2023 I've had a lot of solar credits and energy improvement projects, so it's especially important now that my information rolls over since I can only get five years roll over. Fortunately, I got a HELOC back in December and I am not a huge rush for my refund since it's all going back into paying my HELOC down anyway. It is still frustrating none the less.
4 weeks ago
You may have received an automated email indicating that Form 5695 was available. While the form has been finalized, the final software update is still being deployed, and some customers may not yet...
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You may have received an automated email indicating that Form 5695 was available. While the form has been finalized, the final software update is still being deployed, and some customers may not yet see the form available in their product.
The update is actively rolling out across all platforms, and full access will be available once deployment is complete. No action is needed from you at this time. Check again tomorrow and/or this weekend to complete filing 5695. If you continue to see this form blocked after this weekend (1/25/26), please tell us in the replies below. Thank you.
4 weeks ago
Can't file my state return
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4 weeks ago
You might not even be required to file, depending on how much income you have in addition to the Social Security.
Who has to file?
http://www.irs.gov/uac/Do-I-Need-to-File-a-Tax-Return%3F
...
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You might not even be required to file, depending on how much income you have in addition to the Social Security.
Who has to file?
http://www.irs.gov/uac/Do-I-Need-to-File-a-Tax-Return%3F
You need to file a federal return if half your Social Security plus your other income is
Single or Head of Household $25,000
Married Filing Jointly $32,000
Married Filing Separately $0
And......if you have a 1095A for marketplace health insurance, you are required to file.