Other financial discussions

Join TurboTax Community: Your Tax & Finance Guide for Credit Karma Members!

As you may know, getting your free credit scores through Credit Karma is just one part of your financial journey. Although understanding your credit score is crucial for making important decisions, it’s just one part of the puzzle in managing your fi... read more

Getting Over Bad Money Decisions

Last week, on the Turbo blog, we talked about ways to forgive yourself and move on from past financial mistakes. CFSW, Marsha Barnes, shared five key ways to move on and get better with your money: 1. Recognize previous spending behaviors and forgive... read more

Can I return some IRA distribution after taking it

I am 75 and I got a windfall this year as I got a year of backpay for my SS spousal support that will raise my Medicare Premium Part B in 2027 because of IRMAA. Look like my 2025 Magi will just past the standard IRMAA threshold, I figured out it woul... read more

Desktop Software Billing

I've requested twice to get a refund on the desktop software. No response from Customer Service. I am hold (for 46 minutes) trying to contact Customer Service. Is there some other way to contact Turbotax and get help?I don't want to have to do a char... read more

need the customer service phone number

need to speak to a live representative..what is customer service number

ROTH Conversion and Pro Rata Rule

My husband and I are considering converting our remaining 4 Traditional IRA accounts to Roth this year. Two of those accounts are nondeductible accounts (earnings are taxable) and the other two are traditional deductible accounts. We have converted s... read more

The room and board invoice is less than the listed Cost Of Attendance. Up to what amount (from these two) can I use my 529 funds for?

The college website lists the different Costs of Attendance for the different scenarios (Lives w/ Parents, Lives On Campus, Students w/ Dependents). My son stays on campus and is in his first year. The college website says that the cost for Housing a... read more

Taxable income

Are the payments to repay a loan for equipment our company received considered taxable income for the company

Purchasing personal items to sell through LLC

I have a small business (LLC) where I am able to sell used (and new) items. I have some relevant stuff I own personally that I'd like to sell through the business. Can I pay myself through the company checking account (I would write a biz check) for ... read more

TurboTax Desktop software for tax year 2025 onwards will not be compatible with Windows 10 operating system.

Microsoft WILL support Windows 10 for another year. how about providing Turbotax Desktop support for the additional year also?

Uncollectable judgement

I won a lawsuit against a roofing company for a bad roof job. The settlement was 150k with 8% over 10 years. They claimed bankruptcy and I hired a bankruptcy lawyer. He just told me that we wouldn’t receive anything and they I could claim it on taxes... read more

Question on declaring tips

Hello. My wife is a hairdresser, gets paid bi weekly, and so declares tips bi weekly as well. Instead of declaring every two weeks her tip amount, is it possible to do it as a lump sum while I’m preparing for filing at tax time? We keep all records a... read more

Domestic Violence Victim and Self Certification - Secure 2.0

Good afternoon, My employer notified us of changes to hardship withdrawals through our retirement plan, and our company is now allowing withdrawals under domestic violence situations. However, I am concerned about the self certification process - do ... read more

Need Help with some accounting entries impacting balance sheet - hoping someone can offer some advice

I manage a small nonprofit, and the person handling our accounting entries made some unusual choices. In 2015-2016, they listed PAYPAL as a bank account in QuickBooks. They recorded purchases (like postage) as expenses, and any incoming funds (donati... read more