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You are correct. State and local estimated tax payments are generally deductible on your federal return in the year they are actually paid, not the year they are for.   A 2025 state tax payment made for the fourth quarter on January 15, 2026, is considered a 2026 payment. It should be included in your 2026 itemized deductions, not your 2025 itemized deductions.   When entering state estimated tax payments in the "Estimates and Other Taxes Paid" section of TurboTax, make sure that the 4th quarter 2025 payment is not included in the 2025 total. Keep this record so you can deduct it on your 2026 return.   You can get back to your screens in TurboTax for your 2025 estimated tax payments as follows:   Click on "Search" at the top right of your TurboTax screen Type "estimated tax payments" in the search box Click on the link "Jump to estimated tax payments" This will take you to a screen that says "Estimates and Other Income Taxes Paid" Select Start or Revisit next to the type of estimated tax payment (Federal or State estimated taxes) Enter the amount of estimated tax you paid at each of the quarterly due date Answer all follow-up questions on your TurboTax screens   Click here for Where do I enter my estimated tax payments?   Click here for Estimated Taxes: How to Determine What to Pay and When.   If you have additional information or questions regarding this, please return to Community and we would be glad to help.

Yes, that may be the reason.  Try deleting the dependent, closing TurboTax, clearing your cache and deleting your cookies.    Review the TurboTax Help article How to clear your cache and How do I delete cookies? for specific instructions for your browser. Also, reboot your computer. .   Then add them back You can add your dependents in the Personal Profile section of TurboTax. Go to the Personal Info screen and select Continue You should be at the Summary Screen Select Add Another Dependent under Your Household Select Delete next to the name to remove them.   Review the TurboTax Help article How do I add or remove a dependent? for navigation instructions.

Did you meet the filing requirements for a dependent in 2024?   Tax requirements for dependent children are different from those of other taxpayers.   A dependent child who has earned more than $14,600 of earned income (tax year 2024) typically needs to file a personal income tax form. Earned income includes wages, tips, salaries, and payment from self-employment. A dependent child who receives more than $1,350 in investment income in 2024 is required to file a tax return. Investment income includes interest and dividend payments. See 2024 IRS form 1040 Instructions, page 9 and 10.    

The ONLY form with the Red Exclamation point is the TAX SUMMARY form. I went through every form on my Return; no input fields were Red, indicating error/Estimated.   I haven't opened the software in a month, and now I have this issue on the Tax Summary saying that StdLiab and ItemLiab are incorrect.  Pro Tip: Don't tell me, TAKE ME to the form with the issue.  Since there is nothing that I can update on the Tax Summary page, I question the programming Also, since i am debugging your code, I used the Errors Icon on the Forms Page, along with the Forms Menu "Select Next Error" and "Select Previous Error"  and I only ever jump to the Tax Summary form.   In summary.  I get 2 Errors when I do the Error Check.  It shows me the Tax Summary Screen. It tells me that StdLiab and ItemLiab are incorrect.  Opening the Forms screen, the only form with Exclamations next to it the Tax Summary Screen.  Also, the Find Next/Previous Error do nothing but keep coming to the form.  I CHECKED EVERY LINE (even the blank ones) on that form and they are not Estimated.  This is bad code. Leaving the User with an unsolvable error message.  

You can't deduct your sales tax if you are not  itemizing your deductions.  it must be itemized on Schedule A. Sales tax is part of the State and Local Tax (SALT) deduction, capped at $40,000 for 2025 that is only available when you itemize your deductions.   Investment interest expense (margin) is deductible only up to your net investment income, and it also requires itemizing your deductions.     See  Also:   Can I claim the sales tax deduction? How to Write Off Sales Taxes What is Form 4952: Investment Interest Expense Deduction    Please return to Community if you have any additional information or questions and we would be happy to help.

Thanks. Is that OK to take the difference between what I got and what the Return of Excess was supposed to be and just use it towards expenses? Do I need to get Fidelity, who is my HSA administrator, to issue some kind of paper to reflect that? I guess my concern is that I requested the return of funds as return of excess and since the overage is part of that RoE, that the taxes won't be computed properly since there are earnings to report. -Ben 

Your 403(b) contributions should be included in your New Jersey income as a Wage Adjustment.  Unlike federal law, New Jersey does not allow exclusions for contributions to deferred compensation plans other than 401(k) plans.  If not included, contributions to 403(b) plans must be added back to NJ taxable wages.  Make sure the amount in Box 16 does not already reflect the adjustment.  

You will want to wait until 2026 to start deducting your business expenses.  Startup costs are not deductible in the year they are paid if the business has not yet launched. Instead, you "capitalize" them and claim them in the first year your business is active—in your case, March 2026.     You will be able to deduct up to $5,000 of any of the Startup expenses in 2026, any additional amount will have to be amortized (deducted over the next 15 years).   If you were already practicing as a Reiki practitioner and this training improved your existing skills for that business, it is generally deductible. If the Master Level training is considered a requirement to enter a new profession or a different type of practice you weren't previously qualified for, it is not deductible.   I wish you continued success in your venture!

TurboTax automatically calculates the additional senior deduction based on your date of birth and your income. You will see it on Schedule 1a, line 13b of your 1040 form. There is nothing extra that you need to do.  Taxpayers who are 65 and older may qualify for the additional deduction of $6,000 ($12,000 for MFJ).  To be eligible for the additional deduction, you must meet the eligibility criteria below: Be 65 or older by December 31, 2025 File Married filing Jointly if married Modified adjusted gross income under $75,000 ($150,000 for MFJ).  The deduction phases out for taxpayers above this income Review the TurboTax articles Tax Counseling for Seniors and the IRS Fact Sheet Deductions for Seniors for more information.