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

Customer Service

The customer service phone number, [phone number removed] is currently not working.

How to gift an ounce of gold to each of my adult children?

I have two 1-ounce bars of gold that were given to me with no records from a friend a couple of years ago. I want to pass them along to my son and daughter as Christmas gifts, one bar to each of them. I would not want them to have to pay capital gain... read more

How do I get this number on my tax form error on SS benefit that needs to fix?

I ran my tax return review and it came up with an error on taxable SS benefit that need to fix. See attached. I didn't have SS payment but my wife did in 2024. I had SS spousal support payments several years ago before I retired and then was disquali... read more

1099R Input question on RMD

I took my required RMD (not the first year) and did Roth conversion from my IRA account last year. That means my 1099R includes the RMD taken and the ROTH conversion. TT asks: RMD due by Dec. 31, 2025. See attached.I have taken all required. I believ... read more

Two Oil Company Royalties on the same property.

I received two 1099-Misc for oil royalties for the same property. The first company was purchased by a second company so about half of the income was provided by one and the second half provide by the second company. I entered both 1099-misc, each un... read more

Accidentally paid for US package, needa Canadian turbotax package

Hi,I accidentally bought a turbotax package for the US. Is there a way to exchange it or get a refund?! I need a Canadian Turbotax package!

I need help calculating educational expenses with taxes using any calculator for my course. Is there an easy way to do it online?

Is there an easy way to calculate my educational expenses including taxes online for the course I’m taking? I want to know the total cost I’ll actually pay after taxes. Are there any reliable online calculators or tools that can help with this? I’d l... read more

Double inherited IRA distribution

How do I calculate RMD on a double inherited IRA? I inherited an IRA from my spouse who recently died 12/2025. He inherited his IRA from his brother in 2022. RMD for 2025 was already withdrawn. How do I calculate future RMD? Form 590B did not seem to... read more

Clarification of TT Roth Questions

So I have a small job where I created and contributed to a Roth account for the last 3 years. In 2024, I also did a traditional IRA conversion to a Roth. So, these are two different Roth accounts at two different institutions.When going through TT it... read more

What happened to Its Deductible?

I can't find it.

Will TT continue to let family members used the software to file return like last year?

In the past, I installed TT on my laptop running Window 10 and let 2 family members used a guest account to work and file their returns without problem. This year, TT said it will not work on Window 10..I just installed last year TT on a Window 11 la... read more

Filing jointly or separate to avoid IRMAA ?

My wife & I are both retired and took our RMDs. She made about $42,000 and I made about $172,000.So, our MAGI is about $214K to $220K filing jointlyAs our joint income is expected to surpass the standard threshold for Medicare standard premium and IR... read more

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