All Deductions & credits posts

how can you manually correct something on a form that i typed in wrong earlier? it's just an address to a charitable organization

elder-bryan — Sat, 11 Apr 2026 22:16:52 GMT

Re: does nursing home fees count towards medical facility fees if the resident is over 80 and lives there primarily due to dementia?

xmasbaby0 — Sat, 11 Apr 2026 22:16:47 GMT

Ask the care facility for a breakdown of the costs that are medical expenses and not the "room and board" portion. They get that question all the time and will be able to give you that information.

MEDICAL EXPENSES

The medical expense deduction has to meet a rather large threshold before it can affect your return. The amount of medical (including dental, vision, etc.) expenses that will count toward itemization is the amount that is OVER 7.5% of your adjusted gross income. You should only enter the amount that you paid in 2025—do not include any amounts that were covered by insurance or that are still outstanding. Of course, your medical expenses plus your other itemized deductions still have to exceed your standard deduction before you will see a difference in your tax due or refund.

To enter your medical expenses go to Federal>Deductions and Credits>Medical>Medical Expenses

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)

I already paid TDS (tax deduction at source) for interest earn in my indian bank account. How do i report that in USA tax return?

hironmenon — Sat, 11 Apr 2026 22:15:29 GMT

Re: Form 8829 bug

user17757694782 — Sat, 11 Apr 2026 22:13:32 GMT

This bug or error persists in 2026 for the 2025 tax year. Even though I check the box on the interview that all the business is done from home, the limit calculation on form 8829 line 8 was picking up total expenses Ln 28 not Ln 29 the net income. As a result the program saw a net loss (total expenses) and carried over the home office deduction.

The workaround to put 100% on the 8829 worksheet worked, but is a program error in that the interview didn't automatically put it there. Only after a few hours of time and reading these posts did I finally arrive at a fix. This needs to be corrected.

I'm using the Deluxe desktop version on a Mac.

does nursing home fees count towards medical facility fees if the resident is over 80 and lives there primarily due to dementia?

DonnaBoon1945 — Sat, 11 Apr 2026 22:09:03 GMT

Foreign tax credit

user17759445623 — Sat, 11 Apr 2026 22:08:33 GMT

I am trying to file my taxes and really struggling with entering foreign income from my job abroad so that I recieve the foreign tax credit and am fairly disappointed with turbo tax's interview prompts. I have entered the income from my foreign job in to income section and have declined to take the foreign income tax exclusion then in the deductions section I started inputting the details for the Foreign Tax Credit and it asks me for the income amount again and for the amount of tax I paid. And this seems to work, but the details of my income from my foreign job that i input in the income section does not seems to be carried over into the deductions section because in that deductions section it says that my gross annual income is double what it should be. so turbo tax is obviously counting my income twice. which I guess makes sense because I have to enter it in the income section, but then have to enter the same number again in the foreign tax credit deductions section. So what I want is a dummy's step by step instruction on how to do this without doubling up my gross income. Also, there are a ton of questions in the ftc section about alternative minimum tax and I ignore them because I dont understand them, but it should be clearer or simpler, no? Why do I pay 100 dollars to spend ages on this and it not be easy! Someone brighter than me help!

Re: Turbo Tax is trying to do a 1031 exchange but I didn't own my previous home

CesarJ — Sat, 11 Apr 2026 22:04:15 GMT

A 1031 exchange generally requires that you own the original property before you can exchange it for a replacement property.

If you didn't own your previous home, it likely doesn't qualify as the original property in a 1031 exchange.

The original property must be held for investment or used in a business to be eligible. Also, the replacement property must be "like-kind" and intended for investment or business use.

Primary residences usually don't qualify for 1031 exchanges unless special rental or investment use criteria are met, including ownership for at least two years.

Since you didn't own your previous home, you probably cannot use it in a 1031 exchange to defer taxes in TurboTax.

@mark-faylor

Re: vehicle in accident, no insurance coverage. 7200 loss ?

xmasbaby0 — Sat, 11 Apr 2026 22:01:51 GMT

Unless the car was used for business for your own self-employment, sorry, the car loss is not deductible.

Re: Can't claim foreign tax credit despite paying substantial foreign taxes

maneli09 — Sat, 11 Apr 2026 21:47:11 GMT

Hi @MelindaS1, thank you for your response.

In my K-3, the foreign tax amount is listed in part III, section 4, column E (General category income - foreign). Doesn't this mean it is an income tax?

From my understanding of the following sections, nothing seems to disqualify me from claiming the foreign tax credit:

Topic no. 856
- Qualifying tests for a credit
- Foreign taxes that don't qualify for a credit
Instructions for Form 1116
- Foreign Taxes Eligible for a Credit
- Foreign Taxes Not Eligible for a Credit

Solar energy tax

manosgerms — Sat, 11 Apr 2026 21:45:43 GMT

Hello

I had a solar array installed in 2025

It was installed and running in December putting out energy and storing it in batteries

However, until 2026 it wasn't sending energy back to the grid because the utility company had yet to approve

Can I still claim this on my taxes?

Re: how do i deduct the interest for my car loan. Turbo tax did not ask me about this.

MindyB — Sat, 11 Apr 2026 21:44:58 GMT

Yes, it is true that certain car loan interest is deductible.

To enter this in TurboTax Online, navigate to Federal > Deductions & Credits > Add more deductions > Cars and Other Things You Own > Car Loan Interest

There are a few qualifications that are required in order to be eligible for this deduction.

According to What is the vehicle loan interest deduction?, here are the rules:

"It was purchased, not leased, in 2025.
It’s a brand new vehicle. In other words, you didn’t buy it used.
Its final assembly was in the U.S.
- You can check this by entering your VIN and model year into the VIN decoder provided by the National Highway Traffic Safety Administration. You’ll also include the VIN on your tax return.
It's a car, van, SUV, motorcycle, or pickup truck that weighs less than 14,000 pounds.
You bought it for personal use.
You didn’t pay the interest to a family member or a business you own. The loan must be secured by the vehicle."

how do i deduct the interest for my car loan. Turbo tax did not ask me about this.

jennifer_pettitt — Sat, 11 Apr 2026 21:43:39 GMT

The big beautiful bill says i can deduct even if i take the standard deduction

Re: i did not see where to enter 2025 auto loan interest for a foreign car assembled in the USA. why?

xmasbaby0 — Sat, 11 Apr 2026 21:43:17 GMT

CAR LOAN INTEREST

Go to Federal>Deductions and Credits>Cars and Other Things You Own>Car Loan Interest

The amount will go on Schedule 1a and end up on Form 1040 on line 13b

Re: vehicle in accident, no insurance coverage. 7200 loss ?

Bsch4477 — Sat, 11 Apr 2026 21:25:44 GMT

No deduction for a personal loss.

Re: Will my mortgage interest deduction for California be the same as my federal deduction since I had no fluctuations in mortgage interest payments for 2025?

Bsch4477 — Sat, 11 Apr 2026 21:23:58 GMT

Mortgage interest paid is an itemized deduction for both.

Will my mortgage interest deduction for California be the same as my federal deduction since I had no fluctuations in mortgage interest payments for 2025?

lreeves05 — Sat, 11 Apr 2026 21:18:51 GMT

Re: TurboTax says I cannot take the Home Office deduction because the business had zero net profi...

SDBalloons — Sat, 11 Apr 2026 21:04:18 GMT

60% is just an example.

I checked IRS forms and instructions, and unfortunately tax code is indeed rigged against businesses that use home office less than 100% of the time. From Schedule C instructions: "After determining the part of your gross income from the business use of your home, subtract from that amount the total expenses shown on Schedule C, line 28" - which means that home office share of the profits is restricted by total business expenses.

You can take home office expense only if percentage of non-home office work is less than the profit margin of your overall business. So, if your home office use is 60%, but your overall profit margin is only 30%, tough luck.

vehicle in accident, no insurance coverage. 7200 loss ?

james-roger-harding — Sat, 11 Apr 2026 20:48:46 GMT

Re: Turbo Tax is trying to do a 1031 exchange but I didn't own my previous home

Tuite — Sat, 11 Apr 2026 20:46:13 GMT

A 1031 exchange is only possible if you sell a property you own and buy a replacement property. If you did not sell a property you own, you should not report any sale and consequently TT cannot report a 1031 exchange if no entry in made in TT. The purchase of property is not a taxable event, unless it is possibly rental property which would likely involve depreciation.

itemized deductions are 19,157 while standard deduction for me is only 15,750, yet TurboTax says my refund is the same either way. Why can't I benefit from more deducts?

jamesyoung17 — Sat, 11 Apr 2026 20:40:07 GMT