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Per this link to the New Jersey Division of Taxation, on page three its states "if you file your return electronically, have a copy of the death certificate available upon request." So it is acceptab... See more...
Per this link to the New Jersey Division of Taxation, on page three its states "if you file your return electronically, have a copy of the death certificate available upon request." So it is acceptable to file your return electronically and only supply the death certificate if requested.
If you are on the payment page to pay for your TurboTax return, then nothing on that page is transmitted to the CRA. It's only to get the correct address for your credit card.    
They do not qualify for the NC Child Tax Credit which is why TurboTax is not giving you the credit.  North Carolina allows a deduction for those who qualify for the federal CHILD TAX CREDIT, not the ... See more...
They do not qualify for the NC Child Tax Credit which is why TurboTax is not giving you the credit.  North Carolina allows a deduction for those who qualify for the federal CHILD TAX CREDIT, not the other dependent credit.  In order to qualify for the NC Child deduction, your child must be under 17 at the end of the year.  Since your child is 20 years old, they would not qualify for the child tax credit.  Also, since your parent does not qualify as a qualifying child since they are your parent, they would not qualify for the child tax credit.   On your federal return, you are eligible for the OTHER DEPENDENT CREDIT for both your 20 year old child and your parent.  This is different than the child tax credit.    Child Deduction Amount. - A taxpayer who is allowed a federal child tax credit under section 24 of the Code for the taxable year is allowed a deduction under this subsection for each qualifying child for whom the taxpayer is allowed the federal tax credit. 
It shouldn't hurt your future Social Security benefits, but it could temporarily bump up your Medicare costs if you're a high earner.   1. Social Security Benefits The "new filing line" (likely... See more...
It shouldn't hurt your future Social Security benefits, but it could temporarily bump up your Medicare costs if you're a high earner.   1. Social Security Benefits The "new filing line" (likely Box 11 on your W-2) is actually there to protect you.The "Special Payment" Rule: Social Security has an "earnings test" if you claim benefits before your full retirement age. Normally, if you earn too much, they withhold some of your benefits. However, distributions from a non-qualified plan are considered "special payments" for work you did in the past.   By reporting these in Box 11, your employer is signaling to the SSA that this money was "earned" in prior years. This prevents the SSA from mistakenly thinking you are still working a high-paying job and cutting your monthly checks.   Now, the increased earnings mak make some of your social security payments more taxable because of an increase in AGI for the year.   2. Medicare Premiums (IRMAA) This is where you’ll want to keep a close eye. Medicare Part B and Part D premiums are based on your Modified Adjusted Gross Income (MAGI) from two years prior.   The Impact: Since non-qualified pension distributions count as taxable income (appearing in Box 1 of your W-2), they increase your total AGI.   If this extra income pushes you over certain thresholds (e.g., above $103,000 for individuals or $206,000 for couples in 2026), you might be hit with an IRMAA (Income Related Monthly Adjustment Amount) surcharge. This makes your Medicare premiums more expensive for that specific year.
Thank you, that's veyr helpful. My trouble was that searching "traditional IRA contributions" no longer brings up the jump-to link, so I couldn't find it.
Yes, you can delete the return. When you start a new return, you will see a trash can beside the first return, which you can then delete. If you want to start a joint return, you must start over and ... See more...
Yes, you can delete the return. When you start a new return, you will see a trash can beside the first return, which you can then delete. If you want to start a joint return, you must start over and select the option to prepare this return with your spouse.    Thank you for choosing TurboTax.
Thank you, I don't get a jump-to link from that search but  your directions are very clear.
What state tax return are you referring to?
michigan's teachers pension tax break
If  the purchased land is $50,000.00 or more to build rental property on, where do I put this information on my taxes?
If you are filing as Married Filing Separately you are not eligible for the deduction.  If you are Single and your AGI is over $175,000 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 $175,000 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.
Oui, vous pouvez demander un redressement dans sa déclaration à elle, au fédéral seulement.    Merci de choisir TurboImpôt
If no new assets have been reported on a IRS Form 4562, it would seem to be logical that a Georgia Form 4562 would not be needed to be included with the Georgia state tax return.   TurboTax does ... See more...
If no new assets have been reported on a IRS Form 4562, it would seem to be logical that a Georgia Form 4562 would not be needed to be included with the Georgia state tax return.   TurboTax does not support a Georgia Form 4562.  And on a personal note, in my years of reporting business and rental assets on the federal return, there has never been one instance of where a Georgia Form 4562 was required on my Georgia state tax return.
Our MAGI is below the joint filing limits and our DOBs are correctly entered in the My Info section, reflecting we are both over 65.
You are correct, I totally skipped that part and saw the 1099-S part to enter it here.  I went back and put it under investments. I clicked the box for "second home with a 1099-S"  Put in the figures... See more...
You are correct, I totally skipped that part and saw the 1099-S part to enter it here.  I went back and put it under investments. I clicked the box for "second home with a 1099-S"  Put in the figures and in the summary of incomes it lists it as a 1099-B.  Also, it does not have a place to put cost of "permanent improvements" like the selling your main home does. ??? I can't seem to change that. So I guess I just leave it.
The maximum Rebate for 2023 and subsequent years is $235 for eligible seniors, which is why $595.46 is reduced to $235.   I will let the developers know about the wording not being the same in bo... See more...
The maximum Rebate for 2023 and subsequent years is $235 for eligible seniors, which is why $595.46 is reduced to $235.   I will let the developers know about the wording not being the same in both modes. Thank you for pointing it out to us.    
Sold a house last year and have capital gains.  I know I am eligible for the $250K/$500K exclusion, however I also have a carryover loss from the sale of another house the previous year.  Do I have t... See more...
Sold a house last year and have capital gains.  I know I am eligible for the $250K/$500K exclusion, however I also have a carryover loss from the sale of another house the previous year.  Do I have to use that loss to offset the gain this year, or can I use the exclusion on the gain and continue to carry over the loss to this year, and beyond ?