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If you are filing as Married Filing Separately you are not eligible for the deduction.  If you are Single and your AGI is over $150,000 or Married Filing Jointly and your AGI is over $250,000 you are... See more...
If you are filing as Married Filing Separately you are not eligible for the deduction.  If you are Single and your AGI is over $150,000 or Married Filing Jointly and your AGI is over $250,000 you are not eligible for the deduction.   If you are age 65 or older and meet the requirement, the additional deduction is automatically added on your federal tax return.   Standard deductions for 2025 Single - $15.750 add $2,000 if age 65 or older Married Filing Separately - $15,750 add $1,600 if age 65 or older Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older Head of Household - $23,625 add $2,000 if age 65 or older   New Bonus Standard Deduction (OBBB): 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.
@jwelch115 The procedure is to click on Online at the top of the desktop program screen, then click on Check for Updates.
Example - Line 5a on Schedule A shows and amount of $20K for a SALT deduction and I am only reporting $17K of state income tax due this year and no sales tax. Where is it getting the $20K number from?
When does TT apply the over 65 $5,000 deduction? While you're making entries or at the very end. Is it reflected in the "Federal Tax owed" box as entries are being made?
Delete that 1099R and enter it again Manually.   That usually fixes things, especially if you imported it.   After you enter the 1099R keep going g through all the follow up screens and questions.  D... See more...
Delete that 1099R and enter it again Manually.   That usually fixes things, especially if you imported it.   After you enter the 1099R keep going g through all the follow up screens and questions.  Do not change the little IRA checkbox.  That’s important.  
There is no "Check for Updates" option when I open the File menu in the black bar at the top. There is only "Check e-filing status." Now what?
The unadjusted basis of a building would be its original cost basis, or what you paid for it, including closing costs that you were not able to expense in the year of purchase. It is what you entered... See more...
The unadjusted basis of a building would be its original cost basis, or what you paid for it, including closing costs that you were not able to expense in the year of purchase. It is what you entered for the cost of the building when you set it up for depreciation in TurboTax.
Last week tech support said it takes time for TurboTax to program for the form after it is available. Their only suggestion was to try again later - no schedule for a fix.
Not using your TurboTax Online account.   You will need a separate online account to prepare your daughter's return.    Create a new TurboTax Online account for her.      
I'm still getting this error when I try almost anything now. It started when I couldn't enter County Property Tax. Now it's more widespread.   I submitted the sanitized version.  
To review your 2024 filing to see if you did include the excess Roth contributions, do the following:   Review Lines 4a and 4b of the 2024 Form 1040, looking for the distribution (4a) and the ... See more...
To review your 2024 filing to see if you did include the excess Roth contributions, do the following:   Review Lines 4a and 4b of the 2024 Form 1040, looking for the distribution (4a) and the taxable amount (4b). Look for Form 5329 in your 2024 documents Check for a Statement of Explanation for "Return of excess contribution" You can also check your IRA Information Worksheet, which lists every Form 1099-R you had inputted by name. If you see it here, then it was included   If you do find that you had included your excess Roth Contributions, be sure to not save the amendment so that your files stay intact.
I know all of this -- none of the data ends up in income or shows up.  The system is not working and your tech support verified this.  They have done cobrowser with me and seen it.
Yes, it’s been 28 days today still waiting for Federal refund !!!!  Paid $35 extra to have my federal five days in advance. Need Reimbursement!  Received CA state immediately!
You would need to create a new account with a new User ID and a new email address. Go to this website and click on Sign up to create a new account - https://turbotax.intuit.com/personal-taxes/onlin... See more...
You would need to create a new account with a new User ID and a new email address. Go to this website and click on Sign up to create a new account - https://turbotax.intuit.com/personal-taxes/online/file-your-own-taxes/
@joho3 You posted that you withdrew the funds from an IRA so the IRA/SEP/SIMPLE box must be checked.  This will enter the funds withdrawn on Form 1040 Line 4a with the taxable amount on 4b
 Can you please clarify if the tax return has already been efiled and accepted?
Can I FilE A SEPARATE TAx return for my daughter on line?
To enter charitable donations - Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Charitable... See more...
To enter charitable donations - Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Charitable Donations On Donations to Charity in 2025, click on the start or update button
I just noticed if I uncheck the IRA/SEP/Simple box, it taxes under pension income.