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@smooradian001 Did you enter a qualifying dependent?    It cannot be a GF or BF or the child of a BF or GF.     Am I Head of Household?   https://ttlc.intuit.com/turbotax-support/en-us/help... See more...
@smooradian001 Did you enter a qualifying dependent?    It cannot be a GF or BF or the child of a BF or GF.     Am I Head of Household?   https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-filing-status/qualify-head-household-2021/L0NxUtVc2_US_en_US?uid=m5x19jkx https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-filing-status/qualifying-person-head-household/L2TmgztNs_US_en_US   If you qualify as Head of Household, when you enter your marital status (single or married filing separately) into MyInfo, and then enter your qualifying dependent, TurboTax will offer HOH as your filing status.  
"Direct federal income" ties out to the 2025 published US Government percentage for Vanguard funds.  The "Indirect federal income" appears to be for FNMA, GNMA, FHLMC etc that are not exempt from sta... See more...
"Direct federal income" ties out to the 2025 published US Government percentage for Vanguard funds.  The "Indirect federal income" appears to be for FNMA, GNMA, FHLMC etc that are not exempt from state income tax as US government interest.  So only pick up the "Direct federal income" as an adjustment for state income tax returns.
Do you owe at least $2,000 in income taxes?  The credit can only be used to reduce your income taxes in the year in which you purchase the stove.  If you don't owe at least $2,000 then the only thing... See more...
Do you owe at least $2,000 in income taxes?  The credit can only be used to reduce your income taxes in the year in which you purchase the stove.  If you don't owe at least $2,000 then the only thing that the credit can do is reduce your income tax bill to zero dollars.   Look at your form 1040 on line 16.  Whatever the amount on that line is that is the maximum that your credit can be (up to $2,000).  If the amount on line 16 is less than $2,000 then that is all of the credit that you are entitled to.
Thanks Dave, for the detailed explanation. That makes a lot of sense to me now. Appreciated.    
I've been using for 3 years, this is the first time that happened, I wont be using anymore
This is the second year that TT is not giving me the option to file as HOH, even though I qualify.  Is there a fix for this?
Yes, you must add this when mailing or e-file your return, then use a Form 1040-X with no changes and include Form 8594. Either way is acceptable once you know what to use on your 2025 tax return.  I... See more...
Yes, you must add this when mailing or e-file your return, then use a Form 1040-X with no changes and include Form 8594. Either way is acceptable once you know what to use on your 2025 tax return.  It's your decision if you prefer to mail your complete return.   Please tell us exactly what you are paying for, i.e., every asset being purchased, then we can provide the exact location to put the information in your tax return.  A cost of purchasing a business includes many assets and both you and the seller must agree on how the purchase price is divided among the assets. This is the purpose for Form 8954.   Some examples were provided and shown here for convenience. Until we know exactly what your are purchasing, we can't advise where to enter your costs. Goodwill - Section 197 Intangible- Acquired goodwill is amortized straight-line over 15 years Equipment - 7 or 5 year property as a rule Building - Depreciated over 39 years (nonresidential real estate) Once we have more details we can further assist you with your return.   @kentchidester 
Thank you for your reply. I logged in to my CRA account and my name, address and SIN are all correct. All of my personal information was uploaded from TurboTax. I am only getting this message for my ... See more...
Thank you for your reply. I logged in to my CRA account and my name, address and SIN are all correct. All of my personal information was uploaded from TurboTax. I am only getting this message for my return and was able to upload my wife's return without and issue. Can you please help?
Yes, what is the code is Box 7, and is the IRA/SIMPLE/SEP box checked?   If you are over 70.5, you should get the prompt.     How do I enter Qualified Charitable Distributions?  @kcgongaware    A... See more...
Yes, what is the code is Box 7, and is the IRA/SIMPLE/SEP box checked?   If you are over 70.5, you should get the prompt.     How do I enter Qualified Charitable Distributions?  @kcgongaware    A qualified charitable distribution, or QCD, is a distribution of funds from your IRA (other than an active SEP or SIMPLE IRA) directly by the trustee to a qualified charitable organization. The charity must be a 501(c)(3) organization and eligible to receive tax-deductible contributions.   To report a QCD, you’ll use a 1099-R form. While entering your 1099-R in TurboTax, be sure to select the correct box 7 distribution code. You’ll then be prompted to confirm the amount donated.    TurboTax includes the full amount of the distribution reported on your Form 1099-R on line 4a (IRA Distributions) of your Form 1040 or 1040-SR. The taxable amount reported on Line 4b will be the total distribution less the QCD amount and will have "QCD" entered next to it.   QCD Rules
The manual update suggested by CatinaT1 will not delete or change your tax return/information. While it does uninstall and reinstall the TurboTax software, the update utility will ensure that you hav... See more...
The manual update suggested by CatinaT1 will not delete or change your tax return/information. While it does uninstall and reinstall the TurboTax software, the update utility will ensure that you have the latest version of TurboTax Desktop.   It might be helpful if you provided a screenshot of the error messages you are seeing with regards to Special Depreciation. Some issues have been resolved but others have cropped up after the last update.
Je ne suis pas travailleur autonome. Mon relevé 27 concerne une subvention renoclimat pour les portes et fenêtres 
The scholarship was reported on your account in November so I would expect to see it in box 5 of your 1098-T. Expenses paid in Dec for the next 3 months can be included in your 2025 expenses. If yo... See more...
The scholarship was reported on your account in November so I would expect to see it in box 5 of your 1098-T. Expenses paid in Dec for the next 3 months can be included in your 2025 expenses. If your box 5 is greater than box 1, you will want to enter the amount on the screen titled aid included amounts not for 2025 so you can carry the scholarship income to next year. You will need to make a note of this for next year's taxes. 
In the online version of TurboTax, in the Rental income section fill out all the information as needed. Note: you only need to include the rental expense portion without the personal portion as show... See more...
In the online version of TurboTax, in the Rental income section fill out all the information as needed. Note: you only need to include the rental expense portion without the personal portion as shown below.                     Thank you for choosing TurboTax.
Can you please help with how I actually input this into Step-by-Step? No matter what I do it shows Years to fully depreciate is 27.5 years. After the trade in there is only 16 years remaining.  I ch... See more...
Can you please help with how I actually input this into Step-by-Step? No matter what I do it shows Years to fully depreciate is 27.5 years. After the trade in there is only 16 years remaining.  I checked "I traded in an old asset to acquire this one", but doesn't seem to change. Thank you. I purchased both Home & Business, and Partnership 1065 business versions.  
I also have unused tuition fees from years prior to 2020 (accumulating from 2006). The values for those are from 2020 return. When filling the 2025 form it ask for 2024 amounts. Can I add the 2020 am... See more...
I also have unused tuition fees from years prior to 2020 (accumulating from 2006). The values for those are from 2020 return. When filling the 2025 form it ask for 2024 amounts. Can I add the 2020 amounts as the 2024 amounts? 
Do you happen to know the name of the credit you are getting?  If you click on Taxes and Credits in the first image in your posting, do you see that credit listed as your go through the screens on th... See more...
Do you happen to know the name of the credit you are getting?  If you click on Taxes and Credits in the first image in your posting, do you see that credit listed as your go through the screens on that topic?   You shouldn't have to upgrade your version of TurboTax to claim the state credit.   Since you work for an employee owned company, it's possible that it is an employer tax credit that will get reported on a business entity return (such as a partnership or corporation tax return) and the amount of the credit you are receiving may get reported to you on a K-1 form for a partnership or S-Corp.  You may want to talk your company's human resources rep or the person responsible for filing the company taxes to find out more information about the credit you are supposed to receive and also how you are going to receive it and report it on your tax return.
You need to delete whatever you have entered and go through the step by step interview for this section.  Entering an amount directly into line 32 will not trigger the shared occupancy questions.  Yo... See more...
You need to delete whatever you have entered and go through the step by step interview for this section.  Entering an amount directly into line 32 will not trigger the shared occupancy questions.  You need to start the interview out and let the system ask the questions and then it will enter the numbers into the proper locations for you as well as limiting the credit to 50% of what is available.
You are correct that if you can be claimed as a dependent for 2024, you can't contribute to an HSA, including employer contributions.  You need to remove the money before April 15, 2026, using a spec... See more...
You are correct that if you can be claimed as a dependent for 2024, you can't contribute to an HSA, including employer contributions.  You need to remove the money before April 15, 2026, using a special "return of excess contribution" procedure.  This is not a regular withdrawal and may require an extra form.  The bank must return the contribution along with any interest or investment gains the money earned.   In Turbotax, you must report that you made the contributions.  If they were by payroll, this will automatically be captured from your W-2.  When Turbotax tell you that you don't qualify, this is excess, and asks if you will return it, you say Yes and follow the instructions.  If you got any interest returned with the contributions, you must report that as taxable interest income, using the interview for bank interest and check the box for "I did not get a 1099-INT for this interest."     You can't just pretend you did not have an HSA, the contributions and withdrawals need to be accounted for. 
I have the same issue!!!
Great. Thank you. Will that be updated in the next revision or update?