Tax Credits and Tax Deductions | TurboTax® Support

Deductions & credits

Maximize Personal Tax Deductions: Itemized vs Standard

If you’re confused as to whether it’s better to take the Standard Deduction or Itemize Deductions on Schedule A, you’re not alone. Personal tax deductions include such things as charitable donations, mortgage interest, property taxes, state income ta... read more

Dependents: Children, Relatives & Others

If you want to get those juicy dependent tax credits and benefits, it’s important to get it right. Getting it wrong can create an IRS mess you don’t want to be a part of - trust me on this one! If the result isn’t in your favor, not only will you lik... read more

Charitable Donations: A Tax & Giving Win!

It’s always wonderful to donate to charitable causes. But did you know that the type of organization you donate to can actually make a difference on your taxes - and even whether or not you can actually deduct it? For example, donating cash through a... read more

Favorite Tax Deductions & Credits for Families!

Everyone knows there are tax benefits to having children and dependents and some are pretty amazing! If you’ve ever had questions about the popular Child Tax Credit (CTC) or Earned Income Credit (EIC), this is the place to be! TurboTax does the think... read more

Tax Deductions Worth Looking Into!

It seems the most popular question at tax time is “Can I deduct this…?”. Of course you don’t want to pay more taxes than you need to; and you want to get all the tax deductions and credits you’re entitled to take. The resources below have helped many... read more

I have used Turbo tax Home and business for over 12 years. This year IRS states we didn't qualify for EIC due to investment income. Why didn't Turbo tax calculate right?

I can see our rental income has indeed increased. But why did Turbo tax allow the return to be filled out wrong by putting in the info wrong?

in home health helper

My adult daughter has a spinal cord injury and will be released soon from the hospital/rehab center. She still needs 24/7 care .. If I pay for this care ( expensive), do I have to file a form 709 for gift taxes?Also, If I purchase a wheel chair acces... read more

Condo with Two Owners: Tax Deductions and Mortgage Interest

Recently, as of 2025, I purchased a condo as my primary residence. The title and loan are in both my girlfriend's name and mine. I pay the mortgage (includes the principal, interest, and escrow), while she covers the condo and garage fees. Our tax fi... read more

This answer has been verified for accuracy by an Intuit expert employee Claiming my niece who is a nonresident alien

My niece arrived on a student visa last yr (july 21) to live with me and she is a nonresident alien with an SS# that allows her to work inside the college. She didn’t get her SS# until today so I did not add her as a dependent on my taxes.She is a Co... read more

Section 179 deduction - how does date of placing in service affect a heavy SUV (GVWR > 6000 lbs)

Trying to understand whether you get more section 179 deduction now in Jun 2025 for placing a heavy SUV for business use (you are using it about half the year but you get 40% bonus depreciation) vs placing it in service Jan 2026 (you are using it for... read more

This answer has been verified for accuracy by an Intuit expert employee Can I purchase Supplemental Health Insurance while covered by a HDHP and HSA?

Can I purchase supplemental and/or secondary health insurance while being covered by a HDHP and contributing to an HSA? I was thinking about purchasing a secondary and/or supplemental health insurance plan so I wouldn't have to dip into my invested H... read more

Trusts wills and estates

Hello,I am the recipient of a trust from my grandfather’s passing in 2012. long story, short. I was told several years ago that there would be a dispersement to me via a True Up calculation. Shortly thereafter, there was conflict and basically a host... read more

Hi, Im an expat that has never before filled any taxes in the US, only in in my country of residence. How can I start?

Overfunded HSA with low deductible health plan

The client contributed to an HSA for most of the year, even though she is covered by a low deductible health plan. Obviously she doesn't qualify for the HSA deduction and needs to pay the additional tax on the overfunded HSA. But, because she had act... read more