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4 weeks ago
Thank you! So just to make sure I understand, I keep the amount of the bonus allocated to Wisconsin but then add the amount of the bonus to our Oregon income and then claim the credit for the taxes p...
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Thank you! So just to make sure I understand, I keep the amount of the bonus allocated to Wisconsin but then add the amount of the bonus to our Oregon income and then claim the credit for the taxes paid to Wisconsin?
4 weeks ago
If you have not filed the 2025 tax return, click on My Info on the left side of the online program screen. Click on the Dependent listed and then delete them
4 weeks ago
Are you still having the same issue?
4 weeks ago
The code G already indicates a direct rollover, so no need for TurboTax to ask if the distribution was rolled over. A rollover from a traditional account to another traditional account is still i...
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The code G already indicates a direct rollover, so no need for TurboTax to ask if the distribution was rolled over. A rollover from a traditional account to another traditional account is still income, it's just that it's nontaxable income. TurboTax's income summary shows both taxable and nontaxable income. @jacquie12 , I suspect that your rollover was actually from an employer plan to a traditional IRA because code G is not used for reporting the movement of funds from one traditional IRA to another traditional IRA. Code G is only to be used for a rollover from or to the traditional account an employer plan like a 401(k), with the direction indicated by whether the IRA/SEP/SIMPLE box is marked.
4 weeks ago
Are you still having this issue?
4 weeks ago
My son was on my taxes last year but he is not a dependent anymore, how do I remove him, turbo won't let me go back
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4 weeks ago
Yes. You can get more information on how TurboTax is selecting Itemized Deductions for you by doing the following:
Go to Deductions & Credits and scroll down and click on the Continue box
...
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Yes. You can get more information on how TurboTax is selecting Itemized Deductions for you by doing the following:
Go to Deductions & Credits and scroll down and click on the Continue box
Keep clicking on Continue through each section
By continuing, you will reach, "Based on what you told us"
You will also have the option to click on the Change my deduction box
To view a summary of your current tax return, go to Tax Tools on the left panel and then select Tools.
When you click on "View Tax Summary", you will be able to see how your totals are applied, as well as your Itemized/Standard Deduction amount.
Just above the Tax Tools, you will see, "Preview my 1040", which will also provide you with more details.
4 weeks ago
The TurboTax Free online edition is for very simple tax returns that do not require any other form or schedule other than the Form 1040. If your tax data requires entry on any other form or schedule...
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The TurboTax Free online edition is for very simple tax returns that do not require any other form or schedule other than the Form 1040. If your tax data requires entry on any other form or schedule then you must upgrade to the Deluxe edition or higher.
If you have not paid for the online edition you are using, have not filed your tax return or registered the Free edition, then you can clear your return and start over with a lower priced edition. Click on Switch Products on the lower left side of the program screen while working on the 2025 online tax return. Click on Clear & Start Over
Go to this TurboTax website for the Free online edition - https://turbotax.intuit.com/personal-taxes/online/free-edition.jsp
4 weeks ago
You will enter under Other Common Income- Refunds Received from State/Local Governments. NOTE: The New York State Inflation refund check is only income if you itemized your deductions in 2023.
4 weeks ago
The first time homebuyer credit act of 2025 was never passed into law. You won't find the first time homebuyer spot you are searching to find. You will enter your home information under deductions. P...
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The first time homebuyer credit act of 2025 was never passed into law. You won't find the first time homebuyer spot you are searching to find. You will enter your home information under deductions. PMI - private mortgage insurance will be deductible next year. This year, you can claim your mortgage interest and property taxes. You may have points on your closing statement or on a form that could be deductible.
The IRS pub530 under Points states:
General rule.
You can't deduct the full amount of points in the year paid. They are prepaid interest, so you must generally deduct them over the life (term) of the mortgage.
Exception.
You can deduct the full amount of points in the year paid if you meet all the following tests.
Your loan is secured by your main home. (Generally, your main home is the one you live in most of the time.)
Paying points is an established business practice in the area where the loan was made.
The points paid weren't more than the points generally charged in that area.
You use the cash method of accounting. This means you report income in the year you receive it and deduct expenses in the year you pay them. Most individuals use this method.
The points weren't paid in place of amounts that are ordinarily stated separately on the settlement statement, such as appraisal fees, inspection fees, title fees, attorney fees, and property taxes.
The funds you provided at or before closing plus any points the seller paid were at least as much as the points charged. The funds you provided aren't required to have been applied to the points. They can include a down payment, an escrow deposit, earnest money, and other funds you paid at or before closing for any purpose. You can't have borrowed these funds.
You use your loan to buy or build your main home.
The points were figured as a percentage of the principal amount of the mortgage.
The amount is clearly shown on the settlement statement (such as the Uniform Settlement Statement, Form HUD-1) as points charged for the mortgage. The points may be shown as paid from either your funds or the seller's.
4 weeks ago
If your federal AGI exceeds $350,000 then the 2% capital gains surcharge applies to all capital gains from Maryland source income. Regardless of residency status. The program is doing this correctl...
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If your federal AGI exceeds $350,000 then the 2% capital gains surcharge applies to all capital gains from Maryland source income. Regardless of residency status. The program is doing this correctly, it isa bad idea to change it.
Here is the comptroller's bulletin on the surcharge. It's pretty dense but you won't find an exception for non-residents.
4 weeks ago
Just did my taxes. The program never gave me the 6000 senior deduction in section V. Deleated the form, startws over only this time i just did standard deductions and did not itemize. It gave me the ...
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Just did my taxes. The program never gave me the 6000 senior deduction in section V. Deleated the form, startws over only this time i just did standard deductions and did not itemize. It gave me the 6000k automatically early on. So its a software issue. All my data was the same for both filings so wrong personal data wa a not the issue.
4 weeks ago
1 Cheer
Probably not. It depends on what he was doing prior and why he took the courses as to whether or not he can claim the courses as business expenses.
You cannot claim educational expenses or ex...
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Probably not. It depends on what he was doing prior and why he took the courses as to whether or not he can claim the courses as business expenses.
You cannot claim educational expenses or expenses to become certified as a business expense when they are needed to enter a new career. Expenses are not deductible when they are
Used to qualify for a new career. Ex. He was a plumber and now he wants to start a security business.
They are the minimum requirements for the profession.
Example. You are in school to get a Masters in Accounting to be a CPA
However, if he didn't need those courses to start his career or business and he just wanted to maintain or improve skills required in the taxpayer’s existing trade or business, then he could If:
He has to keep certificates up to date to carry on his career (as with Continuing Education Credits) or,
He wants to improve his business skills, once he is already in the business, then he would be able to claim those costs as business expenses.
Ex. He was already a security consultant as a profession and decided to go out on his own so he took the courses to improve his marketability.
However the fact that these courses were denied could impact if they are deductible or not if he needed them to legally operate his business. If he was not able to operate the business without these certificates, then he would not be able to deduct these courses.
4 weeks ago
I’m not referring to a CSR 1099-R, I’m referring to whether I’ll get a separate 1099-R for the portion that was refunded to me. Thanks!
4 weeks ago
If your W-2 lacks Box 14, you may still claim the 2025 tip deduction in TurboTax. Your employer may have reported your qualified tips on some other document.
After entering your W-2, select Ti...
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If your W-2 lacks Box 14, you may still claim the 2025 tip deduction in TurboTax. Your employer may have reported your qualified tips on some other document.
After entering your W-2, select Tips included in box 1 of my W-2, but not in boxes 7 or 14 at the screen Let's check for other situations.
TurboTax will ask you a few questions about your tips, and automatically calculate the deduction if you qualify.
See also this TurboTax Help.
[Edited 02/02/2026 | 4:39 PM PST]
@smvetterman
4 weeks ago
My page says Do it yourself Deluxe but I want the free edition. Where do I go?
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4 weeks ago
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4 weeks ago
In the forms, it's showing "personal property" and "Other". Would "Household goods and clothing" be more appropriate? And still don't know which valuation method is best - they don't have "purchase...
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In the forms, it's showing "personal property" and "Other". Would "Household goods and clothing" be more appropriate? And still don't know which valuation method is best - they don't have "purchase price" so I picked "replacement value" but there is a "present value" (which I don't know if that means as of the date of filing).