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yesterday
TurboTax can do Ohio School District income tax (SDIT) returns.
TurboTax (TT) does not automatically prepare a School District return (form SD100), you must initiate it.
At the screen, in the...
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TurboTax can do Ohio School District income tax (SDIT) returns.
TurboTax (TT) does not automatically prepare a School District return (form SD100), you must initiate it.
At the screen, in the Ohio program, titled "A few things before we wrap up your state taxes" scroll down to School District taxes. Or later at the screen "Your 2025 Ohio Taxes are ready for us to check" -Click Other situations -Scroll down to School District taxes.
Beginning in 2024, TT will ask “Do you want to file your School District taxes”, if your W-2 showed SD withholding in box 19.
Usually the School District Income Tax (SDIT) return is e-filed with the state return, but there are exceptions. Read the Ohio 'filing instructions" that TurboTax prepares, They will tell you if the SD100 was e-filed or if you have to mail it.
yesterday
This is only needed if you are trying to enter medical expenses for itemized deductions. If you are using the standard deduction, there's nothing else to do.
Standard deductions for your conven...
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This is only needed if you are trying to enter medical expenses for itemized deductions. If you are using the standard deduction, there's nothing else to do.
Standard deductions for your convenience:
For single taxpayers and married individuals filing separately, the standard deduction is $15,750 in 2025.
For married couples filing jointly or a Qualified Surviving Spouse, the standard deduction is $31,500, and
For head of household, the standard deduction is $23,625
If you're at least 65 years old or blind, you can claim an additional deduction in 2025 of:
$2,000 for single or Head of Household
$1,600 for married or Qualified Surviving Spouse.
If you're both 65 and blind, the additional deduction amount is doubled.
For more information, see What's my standard deduction for 2025?
@shiyi11
yesterday
I think I figured out the issue. Apparently Maryland aggressively phases out itemized deductions based on AGI, which is why TurboTax was having me take the paltry $6700 standard deduction, because my...
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I think I figured out the issue. Apparently Maryland aggressively phases out itemized deductions based on AGI, which is why TurboTax was having me take the paltry $6700 standard deduction, because my itemized deduction was phased out to $0 :(
yesterday
It depends. First be sure you have the correct birth date for each spouse. Next you can preview your tax return because it's not part of the standard deduction. It is a separate deduction from income...
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It depends. First be sure you have the correct birth date for each spouse. Next you can preview your tax return because it's not part of the standard deduction. It is a separate deduction from income and not a credit. See the instructions below to check for it on your tax return.
To qualify, the following must apply:
If your income is above $75,000 ($150,000 if Married filing jointly) the bonus deduction decreases by $.06 for every dollar over the relevant amount.
This deduction is available whether you itemize or take the standard deduction.
If your filing status is married filing separately you are not eligible for this deduction.
This bonus deduction is ONLY for those over 65, it does not apply to those who are blind and under 65.
From the left rail menu in TurboTax Online, select Tax Tools (You may have to scroll down on the left rail menu.)
Select Tax Tools
On the drop-down select Tools
On the pop-up menu titled “Tools Center”, select View Tax Summary
On the left sidebar, select Preview my 1040
See Line 13-B on your 1040 for the amount. Additional deductions from Schedule 1-A, line 38
For TurboTax Desktop, change to 'Forms' and review the forms.
@Barkley199004
yesterday
It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 1...
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It is automatic based on your age. It is not part of your Standard Deduction. The new Senior Deduction is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e. The 6,000/12,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b with any other sch 1-A amounts. Turbo Tax automatically includes it if you qualify. For Single the deduction starts to phase out at 75,000 and maxes out at 175,000 For Joint the deductions starts to phase out at 150,000 and maxes out at 250,000 If you are married you have to file a Joint return And your SSN must be VALID for employment. Do NOT check the box saying Not Valid under My Info.
For Online version You can preview the 1040 or print the whole return https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160 What do you have on 1040 or 1040SR line 13b? See the 1040 ….
yesterday
You can enter tips in the Free Edition. Tips go on Schedule 1-A not 3. It must be upgrading you for something else. A couple reasons it could be saying you need to upgrade…. You might be seei...
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You can enter tips in the Free Edition. Tips go on Schedule 1-A not 3. It must be upgrading you for something else. A couple reasons it could be saying you need to upgrade…. You might be seeing Form 8959 because the amount of Medicare taxes withheld in W2 box 6 is not exactly 1.45% of the Medicare wages in box 5, due to rounding. Try leaving the cents off of the Medicare tax on your W2 box 6. Box 6 has to be exactly 1.45% of box 5 or less. If it is saying you need Schedule 3 and can't use the Free Edition it might be giving you the retirement savings credit. You can say you are a student to decline the credit. You must answer Yes when asked in the Retirement Savings Contributions Credit section if your were a full-time student. The answer to this same question asked in the personal-information section is not the answer that is used.
yesterday
With the 2018 tax law change, most student-dependents will get the same refund whether they claim themselves or not. The personal exemption has been eliminated and the standard deduction increased. H...
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With the 2018 tax law change, most student-dependents will get the same refund whether they claim themselves or not. The personal exemption has been eliminated and the standard deduction increased. However, you only qualify for an education credit, if you are not a dependent.
yesterday
Why did TURBO TAX change the whole look and feel of this year - its AWFUL. You used to be able to see what you may OWE at the top - not any more. Age 65 and over are supposed to get an $6,000 ded...
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Why did TURBO TAX change the whole look and feel of this year - its AWFUL. You used to be able to see what you may OWE at the top - not any more. Age 65 and over are supposed to get an $6,000 deduction added to your standard deduction. I am NOT SEEING IT. All I see is extra $2,000. Where is the $6000!? Not happy with Turbo Tax this year, at all.
yesterday
The K-1 trust dividends you received are correctly reported on Schedule B, which will flow into Massachusetts Schedule B, and into Form 1, Line 20. This reports the dividend income properly on your ...
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The K-1 trust dividends you received are correctly reported on Schedule B, which will flow into Massachusetts Schedule B, and into Form 1, Line 20. This reports the dividend income properly on your personal MA return for you.
Here's more info from Commonwealth of Massachusetts on dividends.
@Ammulee
yesterday
@Nac64 First and foremost, I want to say I'm sorry for the loss you've experienced. I've submitted a report about this issue to our programmers for resolution. Having said that, I think probably the...
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@Nac64 First and foremost, I want to say I'm sorry for the loss you've experienced. I've submitted a report about this issue to our programmers for resolution. Having said that, I think probably the only route you will be able to take toward resolution for the issue between you and the Michigan Treasury, is for you to file an amended return with the corrections made manually. As Amy C. indicated above, you will need either the desktop software to make these changes, or you can use the fillable forms available on the Michigan Treasury website here. Your changes will be to the Michigan Form 4884:
1) Fill out Part 2 - Deceased Spouse Information
2) In Part 3 - put in an X in Column B next to every 1099-R with a code 4 in column D for Distribution Code. I'm attaching a photo below that you can follow as a guide, for adding the X's next to Code 4.
Although I have submitted this issue to be corrected by our team, I am not sure when that could be / how long it may take, so you may not want to wait around for a software correction. If you need any further assistance completing your amended return, do not hesitate to tag either myself @MelindaS1 or @AmyC for further assistance.
yesterday
It depends. If you are using Schedule C or Schedule E, you will select to 'Add more expenses', then select from the list of expenses. You may have to select the next page at the bottom of the list to...
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It depends. If you are using Schedule C or Schedule E, you will select to 'Add more expenses', then select from the list of expenses. You may have to select the next page at the bottom of the list to see them all.
Once you have selected all of them you will select each category to enter the expense.
yesterday
Employee Stock Purchase Plan – Questions for 2026 Might be useful for last-minute 2025 filers. Retirement in two months and there are still several in-the-money options as well as others that are u...
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Employee Stock Purchase Plan – Questions for 2026 Might be useful for last-minute 2025 filers. Retirement in two months and there are still several in-the-money options as well as others that are underwater on the Exercise screen (NQ). There are multiple items on the Sell screen including ESPP and RSU. The tentative plan is to exercise the positive items on the Exercise screen then sell a combination of winners and losers from the Sell screen reducing the newly-moved taxable amount to zero. Additional underwater options can be exercised if necessary. Would it be advisable to sell everything on the Sell screen to maximize the return now or hold some for a possible improvement in the stock price? Will the remaining options on the Exercise screen be available for 90 days after retirement? Once exercised, are the items on the Sell screen accessible for more than 90 days after retirement?
yesterday
Hi, my huband and I had to get insurance through Marketplace due to a layoff and we added our adult son who had graduated college and we cannot claim as a dependent. This was for about 10 months of ...
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Hi, my huband and I had to get insurance through Marketplace due to a layoff and we added our adult son who had graduated college and we cannot claim as a dependent. This was for about 10 months of 2025. How do I figure out the % of premium, SLCSP and Advance payment? The last thing I want to do is messed this up and have to repay insurance premiums. And what do I need to do on his tax return? Thank you so much from this confused mom.
yesterday
so you mean i can claim the tax i paid in Turkey from US although it is US sourced income? But i think form 1116 doesnt work for this and my us tax were very low or even zero since i was below st...
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so you mean i can claim the tax i paid in Turkey from US although it is US sourced income? But i think form 1116 doesnt work for this and my us tax were very low or even zero since i was below standard deduction. so if i claim turkish tax paid then waht? i get money from irs or since i paid nothing then nothing?
yesterday
Thank you for the reply! I'm receiving conflicting information from the TurboTax desktop app. I'm observing the generic message "E-filing is Closed for the Season, You Can File by Mail". If I cont...
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Thank you for the reply! I'm receiving conflicting information from the TurboTax desktop app. I'm observing the generic message "E-filing is Closed for the Season, You Can File by Mail". If I continue to click through I get to the "Transmit Returns Now" view. (See screenshots in the original post)
yesterday
Your RMD amount is not on a tax document. You have a 1099R showing the distribution from your retirement account. You can get the exact amount of the RMD from the financial institution that issue...
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Your RMD amount is not on a tax document. You have a 1099R showing the distribution from your retirement account. You can get the exact amount of the RMD from the financial institution that issued the 1099R.
yesterday
Your RMD should be included on a Form 1099-R. It is reported in TurboTax at:
Log into TurboTax
Under Federal
Select Wages & Income
Scroll to Retirement Plans and Social Security
...
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Your RMD should be included on a Form 1099-R. It is reported in TurboTax at:
Log into TurboTax
Under Federal
Select Wages & Income
Scroll to Retirement Plans and Social Security
Select IRA, 401(k), Pension Plan Withdrawals (1099-R)
On the screen Let's import your tax info
Change how I enter my form
On screen How would you like to upload your 1099-R?
Type it myself
Enter your Broker or plan administrator information.
Follow the interview.
Where do I enter my 1099-R?
yesterday
thank you. how to 'Enter it under medical reimbursements', where is this button or form? thanks
yesterday
Anyone having issues with reporting tips and having to upgrade to deluxe to do it?
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yesterday
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