All Posts

The answer is a rounding issue. You have options: Easiest: Round to 9720, 4317, 5403 Easy: increase box 3 by one penny or decrease box 2 by one penny IRS Publication 970, Tax Benefits for Education states that nontaxable distributions should not be entered.

The most common mistake isn't the dollar amount itself, but a checkbox or date entry in the HSA interview section. Tax software often defaults to assuming you had coverage for the entire year unless told otherwise.   1. Most software asks: "Were you enrolled in a High Deductible Health Plan on December 1, 2025?" * The Issue: If you accidentally select "Yes" or leave it at a default, but then enter a lower contribution limit, the software gets confused.   The solution is to check to see you have selected "No" for December 1st coverage. This triggers the software to ask for your specific months of coverage (January–May).   2. Check how the data from your W-2 is interacting with your manual entries:   W-2 (Box 12, Code W): This includes both your payroll deductions and any money your employer contributed Manual Entry: If you also manually entered your contributions in the "Personal/Individual Contributions" section, the software might be double-counting them. Only enter contributions in the "Personal" section if you moved money from your bank account to the HSA after receiving your paycheck. If you did not contribute to your account other than the payroll deductions, you would not report anything here.

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.     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  

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. If you are married you have to file a Joint return. 
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 line 13b? See the 1040……. ,

I can use quick zoom to get the the explanation statement, but I can't get the paragraph section to work. When I click the first line, it highlights it in pink and then when I type I can see the text in red. But as soon as I click anywhere else, the text disappears. I tried starting with the second line and it turns blue and the text types in blue, but again the text disappears. I did a print preview directly after typing without clicking anywhere else and the top is filled out but the paragraph section is blank. How do I make this section work?

well indeed it was there, buried deep. however, I entered the information in the interview steps under "medical expenses, reimbursements" since that was the only way I found to enter the information.  I do recommend a fix though - I can't explain why the form isn't listed in the "forms" or doesn't get a reference in the search tool responses. It's location in 2025 sw is different than it was in previous editions. the FAQ's and Q&A community didn't have anything mentioning it, but now this thread is there for others.   Sweet Maird, if it is this hard to find, you might need to throw a bone into the interview tool or at least ensure it is listed in the forms and in the search terms. Long Term Care reimbursements are specifically called out under the medical expenses section, but the 1099-LTC is not referenced there (see photos) and if you complete both the expenses reimbursements and the 1099-LTC info in the other income section, now that information is logged twice. It doesn't appear to be counted twice or maybe it just cancels out equally. I'm sure I'm not the first person to encounter this - a quick update to the code would make this all a lot easier.  

I have been dealing with this same or a very similar issue.  Here is what I have learned so far:   I am using TurboTax Deluxe for Windows, which is the desktop version. I am trying to claim credit for an electric heat pump from Daiken. This is important because Form 5695 has several sections: some work, and some do not. I believe the root cause of the issue is the Daiken QMID code of I7Q6 (I as in India, not a 1). A couple of weeks ago, there was no step-by-step or form to support this functionality.  The form seemed to be there, but I could not enter any data into it.  After two TurboTax releases, it appears to me that the form and step-by-step are all working  BUT the IRS is rejecting returns because of the QMID code. The IRS is not accepting the Daiken QMID code of I7Q6, and that is supposed to be fixed by Feb 13. Most of what I have learned is no thanks to Intuit.  They have been no help, and I cancelled my recurring subscription for TurboTax Deluxe, and I have requested a refund. I purchased HR Block and re-entered my taxes from scratch. When I submitted them, they also got rejected, but HR Block gave me a very clean English language explanation of what went wrong and why we have to wait until Feb 13.  Thank you HR Block.   My two cents worth...

For the 2025 overtime deduction, your qualified overtime compensation is the half portion of the time-and-half pay required by the Fair Labor Standards Act(FLSA).   The FLSA requires employers to pay overtime at a minimum of 1.5 times their regular rate of pay for hours over 40 in a workweek.  Because your hourly pay is $20, you could only deduct $10 per hour of overtime.  See Questions and answers about the new deduction for qualified overtime compensation.

Hi DaveF1006 , Thanks for your reply. Nice to hear form you after long time. With all due respect to you expertise, Pardon me  for sending further question. 1)Hopefully it will go to IRS in good form but is there any way for us to know every thing(schB) also gone with all correct data? or we will not know unless we order a copy of tax return?The reason I am asking if in remotest chance if data not fully populated  on IRS side, I may not be in a position to file amended tax return?(Sorry for sounding paranoid but..) 2)Are there any proposal at your TT backend tech. team to correct the glitch(guess data transfer issue step in software between formats) in 2025 version? Thanks again.  

Form 5695 does NOT work.  I printed it out after I tried to complete the form.   The first page of the smart worksheet shows all answers as NO.  Which is incorrect.  The house is in the US.  I am the original owner. the components will be in place and working for five years.  They are not related to construction of a new home.   So I called Turbo TAX and the guy said, oh, just delete the form and do it again.  It will work --BUT IT DOES NOT.  TURBO TAX IS WRONG