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The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO.  You do not need to take any extra steps to enter it. (And…the new... See more...
The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO.  You do not need to take any extra steps to enter it. (And…the new senior deduction has nothing to do with whether you are getting Social Security)   The deduction is not on the same line as your standard deduction.  It is shown separately on line 13b.     2025 STANDARD DEDUCTION AMOUNTS SINGLE $15,750  (65 or older/legally blind + $2000) MARRIED FILING SEPARATELY $15,750  (65 or older/legally blind +1600) MARRIED FILING JOINTLY $31,500  (65 or older/legally blind + $1600) HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)     For 2025 through 2028 there is an extra  deduction amount of up to $6000 per individual 65 or older filing Single, MFJ, or HOH which is phased out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.   (The deduction phases out completely at $175.000 Single or HOH, or $250,000 joint)   The $6,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e.  Turbo Tax automatically includes it. IRS Schedule 1-A https://www.irs.gov/pub/irs-dft/f1040s1a--dft.pdf   Need to see it? https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr   If you are not getting the senior deduction it is because Your date of birth in MY INFO shows that you were not 65 by the end of 2025 Your income is too high You are filing married filing separately    
How do I claim the $6000 senior deduction?
How do I make a tax payment with my extension of time to file my Federal return?
Where do I add Ssa benefits
Since you have hard copies of your 2024-tax year documents, you can reconstruct your 2024 data needed to file your 2025 return without the digital file.    If you used the TurboTax Desktop software... See more...
Since you have hard copies of your 2024-tax year documents, you can reconstruct your 2024 data needed to file your 2025 return without the digital file.    If you used the TurboTax Desktop software, search your hard drive for files named with extensions .tax2024, .tax. Look in your Documents\TurboTax folder.   You can also use the IRS Get Transcript Online tool to download a Tax Return Transcript if you need to confirm your 2024 Adjusted Gross Income (AGI), which you will need for e-filing.   If you do not have an IRS Online Account you can create one using this link: IRS Online Account.   If you need an exact copy of the filed return, complete IRS Form 4506. There is a $43 fee per return.    See Also:   Video: How to Recover Past Tax Returns Please return to Community if you have any additional information or questions and we would be happy to help.  
To change the "yes" checkbox for Form 1095-A to "no" in TurboTax Online, follow these steps:   1. Go to Federal>Deductions and Credits from the left menu   2. Go to Medical and select Revisit... See more...
To change the "yes" checkbox for Form 1095-A to "no" in TurboTax Online, follow these steps:   1. Go to Federal>Deductions and Credits from the left menu   2. Go to Medical and select Revisit next to Health Insurance Marketplace (Form 1095-A)   3. For the question: Do you need to report any 1095-As? Change the answer to No.   If that does not work, follow these step:   1. Go to Tax Tools>Tools on the left menu   2. Select Delete a form   3. Locate Form 1095-A in the list and Delete (garbage can icon)   4. Also delete Form 8962 because it is related to Form 1095-A
To deduct your 2024 Washington State Capital Gains Excise Tax as a federal capital loss on your 2025 return, you must report it as a new "sale" of a worthless asset.   Because you are a cash-basis ta... See more...
To deduct your 2024 Washington State Capital Gains Excise Tax as a federal capital loss on your 2025 return, you must report it as a new "sale" of a worthless asset.   Because you are a cash-basis taxpayer, you cannot adjust your 2024 sales proceeds for a tax you didn't pay until 2025. Since the tax is an "excise tax" and not an "income tax," it is generally not deductible under the standard State and Local Tax (SALT) deduction. Instead, the accepted workaround to obtain a federal tax benefit is to treat the tax payment as a reduction in the previous sale's proceeds—which, when paid in a later year, is reported as a separate capital loss.    Go to Federal > Wages & Income > Stocks, Cryptocurrency, Mutual Funds, Bonds, Other. Create a new entry for "Other" or "Stocks." Enter "WA Capital Gains Excise Tax Paid for 2024 Sale". Date Sold= the actual date in 2025 when you paid the tax to Washington. Date Acquired= the same date as the Date Sold (or one day prior). Sale Proceeds= $0. Cost Basis= the total amount of WA Excise Tax paid. This generates a capital loss for the exact amount of the tax you paid, which will then offset your other 2025 capital gains or up to $3,000 of ordinary income.
It depends. Incarceration does not automatically disqualify someone as a dependent. The key is whether they meet IRS rules, including relationship, income limits, and that you provided more than half... See more...
It depends. Incarceration does not automatically disqualify someone as a dependent. The key is whether they meet IRS rules, including relationship, income limits, and that you provided more than half of their support. If they were incarcerated for most of the year, and the state provided the majority of their support, you generally can't claim them.
Is this an issue with Mac desktop?  I can confirm I have the same issue on the mac with invisible icons. This is my first year using a mac rather than a windows m/c.  Definitely seems like the mac ve... See more...
Is this an issue with Mac desktop?  I can confirm I have the same issue on the mac with invisible icons. This is my first year using a mac rather than a windows m/c.  Definitely seems like the mac version has defects!
I found my answer.  The 28% is a maximum tax rate.  If you are in a tax bracket that is lower than the 28% then you are taxed at your ordinary income bracket.  You don't get a lower capital gains rat... See more...
I found my answer.  The 28% is a maximum tax rate.  If you are in a tax bracket that is lower than the 28% then you are taxed at your ordinary income bracket.  You don't get a lower capital gains rate, but you also don't have to pay a 28% rate.  You only pay the 28% if you are in a higher tax bracket which would be a lower rate than your ordinary income.  Found that on taxsharkinc.com. 
I suggest you go back to the My Info section listed at the top of the left sidebar, and review and edit your entire profile.
No.    You are not supporting a person who is incarcerated.  They are being supported by the taxpayer money that pays for the correctional facility that they are being housed and fed in.    Money you... See more...
No.    You are not supporting a person who is incarcerated.  They are being supported by the taxpayer money that pays for the correctional facility that they are being housed and fed in.    Money you provide for incidental expenses is a gift.
The error you are seeing refers to the Quality Teacher Incentive Credit. On Maryland Form 502Cr, Part C, line 1, column A is where you enter the name of the qualified employer (the Maryland public sc... See more...
The error you are seeing refers to the Quality Teacher Incentive Credit. On Maryland Form 502Cr, Part C, line 1, column A is where you enter the name of the qualified employer (the Maryland public school system or state/local correctional facility) where you teach.   To resolve the Smart Check error, navigate to the specific interview section for Maryland state credits: Go to the State Taxes tab and continue to the Maryland return. Look for a screen titled "Take a look at Maryland credits". Scroll down to the Business and Investment Credits or Personal, Home and Family Credits section. Find Quality Teacher Incentive Credit and select Start or Edit. Enter the name of your employer as prompted on the screen.
We recommend that you contact technical support and request that they "push" a download to your TurboTax account. This will often resolve the "oops" issue when installing state modules in TurboTax Bu... See more...
We recommend that you contact technical support and request that they "push" a download to your TurboTax account. This will often resolve the "oops" issue when installing state modules in TurboTax Business.   Use this link to call TurboTax customer support and be sure to request a download specialist for TurboTax Business, which will help escalate your call.
No. If your return was rejected, sign in back, make the necessary changes, and re-submit without additional charge.