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

Will I receive a rebat and in what form will it

When do I get a return and I have to do snd how would it come in

Where do I enter the information about buy a home?

where to put home buyers information?

1098-T - Lifetime credit when tuition fully covered by a government grant?

Entering a 1098-T for one of my kids. He took a training program at a community college, with tuition covered by government grant. He's had these before, never gotten a 1098-T, but for 2022 he did. So box 1 say, $3000, box 5, $3000. Turbotax did the ... read more

Is this where I put my work information for 2023

I need to file my 2023 taxes

House Held sentencing

If you had to do home incarceration but they didn't pay for your food didn't pay for your meds I still even had to pay rent while I was on home incarceration what can I file on my taxes.. My entire savings was went thru. Please help with choice!

how to report real estate sales in india on us income tax return

Hello!I sold few properties in India between April 1, 2024 and January 15 2025. These will be reported in the Indian Income Tax Return to be filed before June 30, 2025.Which year's tax return do I report them in the USA? Do I report the 2024 India sa... read more

TurboTax Giving Way Too High of Self-Employed Health Insurance Deduction by Ignoring APTC Repayment Limitation

I’m a sole proprietor with marketplace health insurance using TurboTax Home & Business Desktop 2024. So I enter my 1095-A data and link my plan to one of my Schedule C businesses and it calculates my Self-Employed Health Insurance Deduction (SEHID) w... read more

SRECs generated from home solar syste

I installed solar panels on my home roof in 2019. I generated Solar Renewable Energy Credits (SRECs) which were sold in energy credits market by a SREC trading company on my behalf. Are those sales taxable, federal or Maryland state? If so, should I ... read more

why dont I quality for child and dependent care credit

Premium tax credit from health exchange payback counted as medical expenses?

I was unemployed for 3 months of the year and got health insurance from WA state exchange, and was qualified for premium tax credit for about 700$ a month. And my yearly income is above the 400% poverty line so I assume I'll need to pay back those ta... read more