turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Education: Credits & Reporting on Mar 26! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Deductions & credits
cancel
Showing results for 
Search instead for 
Did you mean: 
or Ask a Question
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
Employee Tax Expert KarenL ‎Posted February 6, 2025
0
0
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
Employee Tax Expert KarenL ‎Posted January 23, 2025
0
0
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
Employee Tax Expert KarenL ‎Posted December 12, 2024
0
0
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
Employee Tax Expert KarenL ‎Posted March 1, 2024
2
0
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
Employee Tax Expert KarenL ‎Posted January 18, 2024
3
0
manug_in ‎Posted June 5, 2019 | Latest post 2m ago by jimmys1
0
34
I am completing my 2024 federal taxes in TurboTax Deluxe. In the 1098 form section, TurboTax is asking for "Property (real estate) taxes paid." I purchased a home in 2024 (California.) I received a 1098. Box 10 Other is empty, however, my mortgage co... read more
dcuppie ‎Posted 5m ago
0
0
He has been living in a different state for almost 2 years now serving his mission.
jhorne71 ‎Posted June 3, 2019 | Latest post 11m ago by AmeliesUncle
0
3
I donated appreciated stock to a charity in 2024 and am completing the info in TT. It is asking for my cost basis. I inherited this stock in 2014, so this should not be necessary (as it is long term). According to the IRS guidelines, it states NOT to... read more
bhart0308 ‎Posted Thursday | Latest post 16m ago by bhart0308
0
4
I started a sole proprietorship in 2024 and want to claim depreciation on equipment purchased which I understand will be depreciated over 5 years. What happens if I have to close the business before the equipment depreciation value is down to zero? H... read more
Laurie000 ‎Posted 20m ago
0
0
Most questions about this error have to do with numbers getting "stuck" and having to re-enter. However, in my case I really do need to enter an amount greater than the excess contribution. The reason being, we had two different HSAs and due to a mis... read more
spkndbcky ‎Posted Monday | Latest post 21m ago by spkndbcky
0
7
Hello, I am under 50 and worked for two employers in 2024. I ended up making $23,433 of Roth 401(k) contributions (total) between the two employers in 2024. I realized this in early 2025, contacted the plan administrator for one of the employers, and... read more
Engineer_76 ‎Posted an hour ago | Latest post 41m ago by Engineer_76
0
2
I am using TT Desk Top. I have higher education expenses on my 1098-T and trying to use some of the expenses for I-Bond interest exclusion and some for Life Long Learning credit. I enter I-Bond interest information followed by education expenses. Thi... read more
vs16 ‎Posted 42m ago
0
0
jaw5f ‎Posted an hour ago | Latest post an hour ago by Bsch4477
0
1
Under type of entity (line I1), "individual" is indicated, and the box on line I2 is not checked.
llmorr ‎Posted Monday | Latest post an hour ago by AmyC
0
1
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Top Contributors