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Is the amount entered on Schedule A Line 17 greater than the Standard Deduction for your filing status?   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

I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:   TurboTax Online:   Sign into your online account. Locate the Tax Tools on the left-hand side of the screen. A drop-down will appear. Select Tools On the pop-up screen, click on “Share my file with agent.” This will generate a message that a diagnostic file gets sanitized and transmitted to us. Please provide the Token Number that was generated in the response.   TurboTax Desktop/Download Versions:   Open your return. Click the Online tab in the black bar across the top of TurboTax and select “Send Tax File to Agent” * This will generate a message that a diagnostic copy will be created.  Click on OK and the tax file will be sanitized and transmitted to us. Please provide the Token Number  (including the dash) that was generated in the response.   *(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)  

If you don't see an underpayment penalty on your California return, then TurboTax determined that the penalty wasn't applicable. Since the California tax is generally a much lower amount than the Federal, you are more likely not to exceed the threshold for the penalty.   California calculates the penalty on Form 5805 on the unpaid amount from one of these (whichever is earlier): The due date of the estimated tax installment to the date they receive your payment The due date of the tax return Generally, you must make estimated tax payments if you expect to owe at least: $500 $250 if married/RDP filing separately And, you expect your withholding and credits to be less than the smaller of one of the following: 90% of the current year’s tax 100% of the prior year’s tax (including alternative minimum tax) If you had an Underpayment Penalty on your California return, you could go back through the California section in TurboTax and answer the questions in the California Underpayment Penalty interview to see if the penalty can be reduced or eliminated. It appears under Additional Tax Payments in the Other Tax Situations category in the California return, if a penalty was calculated.    

If you are using TurboTax Online, the program automatically saves as you progress. You don't have to take additional steps to save your progress. When you log back in, you will be able to pick up where you left off. If you are using TurboTax Desktop (for Windows) you can click on File at the top left of your TurboTax screen (in the black bar that goes across the top) and then use save or save as to save your return. TurboTax Desktop usually saves files in your Documents in the folder TurboTax.

when you are allowed a phased out contribution amount, taking exactly the excess does not work if earnings are positive because it raises your MAGI for Roth purposes.   The simplest solution is to pay the penalty, which is now  much reduced. After the due date plus extensions for the year of contribution, you don't have to calculate earnings any more; allocable earning stay in the Roth. you take out the exact excess, or offset it with an allowed contribution, to eliminate the yearly penalty See Form 5329.   @crds_31 

To enter, change or delete a refund from the prior year applied to this years taxes (Federal, State, Local) - Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Estimates and Other Taxes Paid On Income Taxes Paid, click on the start or update button On the next screen select the options under 2024 Refund Applied to 2025   The prior year federal tax refund amount applied is shown on Form 1040 Line 26

I have several 1099-INTs with no exempt interest.  I'm ignoring those.  I have two 1099s as PDFs which have INT, DIV, B, and OID sections.  Those are the ones I'm searching.  I have no amounts in any OID section.  One of the 1099s has no exempt interest or dividends.  The other does.  1099-INT Box 12 is 0, and 1099-INT Box 3 is over $10k.  So  1099-INT Box 3 less Box 12 is way bigger than $801.  1099-OID Box 8 less Box 6 is 0.  1099-DIV Box 1a is "Total Ordinary Dividends", and is way bigger than $801, and it's from dividends that are not US or CA and are not exempt, so I don't see how that number is relevant.  1099-INT Box 8 ("Tax-Exempt Interest") is $337.50.  That's from a CA muni bond.  My 1099-DIV Box 12 ("Exempt Interest Dividends") is $3,346.95.  That's from a CA muni bond fund.  So those are the numbers I'm looking at. There is one weird clue, maybe.  When I search the "printed" PDF of my whole return, the $801 appears first as a subtraction on the CA Adjustments Form, Part 1, Section A, Line 3 ("Ordinary Dividends").  That seems to be mixing Ordinary Dividends with US Obligations?  Then it appears twice on the Interest and Dividend Adjustments Worksheet, Line 16 and the total.  Then it appears on the "Interest and Dividend Adjustments Wks -- Smart Worksheet" as "U.S. obligations exempt-interest dividends from the federal return".  Which seems to be the root of the problem.  That $801 is getting transferred from the federal return, but from where?

For business returns, you enter distributions on Schedule K for a partnership or S corporation. For an S corporation, look for the Shareholder Distribution and Dividend Smart Worksheet. For a Partnership Form 1065, look for the Distribution of Cash and Property Options Smart Worksheet. You can access Schedule K by using the Forms menu option, then search for Page 3-5 for an S corporation or page 5-6 for a partnership.             

No, the standard deduction is not because you owe the IRS. The IRS gives taxpayers an option of deducting the standard deduction (based on your filing status and age) or itemized deductions from their gross income to determine their taxable income. Standard Deductions ensure that all taxpayers have at some income that is not subject to federal income tax.    For more information, refer to the TurboTax articles What Are Standard Tax Deductions? and Video: What Is the Standard Tax Deduction?   [Edited 03/24/26| 11:10am PST]   @ahernand0012

It's possible that having only one dependent listed on your Form 1040 while two appear on the Earned Income Credit (EIC) form is causing a processing delay or potential rejection. as these forms must match. Filing with inconsistent dependent information can cause processing errors, especially with the Earned Income Credit.    It may mean the return was submitted but it failed an initial validation or it may be in the queue for a manual review. Check your email from TurboTax for a specific reject code (if there is one). This code will tell you which dependent caused the error. For example R0000-507-01 - means the First Dependent listed on your Tax Return was already Claimed as a Dependent. Or R0000-507-02 -means the Second Dependent listed on your Tax Return was already Claimed as a Dependent. See this article for reject code guidance.  What does my rejected return code mean and how do I fix it?   You can also sign in to your IRS Online Account using ID.me on the IRS.gov website to see if there are any letters or notices as the IRS may send a letter asking for verification of your dependents.    If you don’t already have an account on IRS.gov, you will be asked to create an account and validate your identity. You can use this link to create an online account Online account for individuals.   Common errors for the Earned Income Tax Credit (EITC)   Please return To Community if you have any additional information or questions and we would be happy to help.