All Posts

If you are using the Online version, you will create a new User ID.   Sign out of your current TurboTax account to avoid overwriting your previous return. Go to TurboTax.com. If your browser automatically logs you into the old account, Clear your browser's cache, cookies, and history Enter your Email address On the sign in page select New to TurboTax? Create an account Enter your  Email Address Password Phone Create an Intuit Account   In the downloaded Desktop version of TurboTax.   In the top left corner you will see (in fairly small print)"FILE" You will have an option to Save or Save As I suggest Save As to clearly identify the file.   Use a descriptive name and the Tax Year in the name. Exit the tax return Then go back to "FILE" Select New Tax Return Again, use Save As and describe this return When you log back in, you can choose the return you want to work on.  

Your estimated tax payments will serve as a credit against your Federal tax liability and have to be entered on your tax return.   In TurboTax Online, you can enter estimated taxes you paid by following these steps: Open your tax return Click on Federal in the left-hand column, then Deductions & Credits Navigate to the list of Deductions and Credits  Locate the section named Estimates and Other Taxes Paid and click on the arrow on the right  Click on Start next to Estimated Tax Payments On the next page, click Start next to Federal estimated taxes for 2025 (form 1040ES)

You can change your status to Head of Household using the steps listed below. You must meet the requirements for filing as Head of Household in order for TurboTax to select it for you.   If you are using a TurboTax Desktop Program, you can: Click on "Search" at the top of your TurboTax screen Type "filing status" in the search box Click on the link "Jump to filing status" Your screen will say "We've chosen a filing status for you" Click on the box "Change my filing status" Click on "Head of Household" Select "Continue" The next screens will determine if you are eligible to file as Head of Household Make sure to answer them correctly   If you are using TurboTax Online, you can: Click on "Search" at the top of your TurboTax screen Type "filing status" in the search box Click on the link "Jump to filing status" Click on the down facing carat next to your name Click on "Revisit" Make sure "Single" is selected (You must be single to file Head of Household or married filing separately. See full requirements below.) Make sure you have answered "Yes" to "Do you have any dependents?" Make sure you answered "Yes" to the question "Did you pay more than half the cost to keep up your home in 2025?" Continue through your screens. TurboTax will indicate it has chosen a filing status of "Head of Household" for you   To qualify for Head of Household (HOH) status in TurboTax, you must be: Single (or married filing separately and your spouse did not live in your home during the last six months of the tax year).  You must have paid over 50% of the costs of running your household You must have at least one qualifying dependent living with you for over half the year.    Click here for Guide to Filing Taxes as Head of Household Click here for What's a "qualifying person" for Head of Household? Please return to Community if you have any additional information or questions and we would be happy to help.

If you are using TurboTax Desktop, you can start a new return by clicking on Start a new return on the Welcome page of TurboTax.   Please read this TurboTax Help topic on how to start a new tax return for another person.

If you installed the software on your personal computer and have completed your tax return using the desktop edition you installed, then click on File at the top left of the desktop program screen.  Click on New Tax Return.

That income should be reported on a form 1099-INT. You would enter that in the Wages and Income section, then Interest and Dividends, then Interest on Form 1099-INT. There should be an entry in box 3 on the Form 1099-INT for interest on US treasury obligations. That is all you need to do, as the Treasury interest will not show as taxable on your state tax return.

AMT deprecition should not be zero unless federal depreciation for regular tax purposes was zero, For most assets, except those acquired decades ago, the AMT depreciation will be the same as the regular depreciation.   A difference will create an AMT gain or loss for the alternative minimum tax Form 6251, which may or may not make a difference in your taxes. .  

@user17729040969 The amount of federal taxes owed is on the Federal Tax Return, Form 1040 Line 37   To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/ Scroll down to the bottom of the screen and on the section Your tax returns & documents.  Click on the Year and Click on Download/print return (PDF) Or - When you sign onto your online account and land on the Tax Home web page, scroll down and click on Add a state.  This will take you back to the 2025 online tax return. Click on Tax Tools on the left side of the online program screen.  Then click on Print Center.  Then click on Print, save or preview this year's return.  Choose the option Include government and TurboTax worksheets