Tax Year 2025 represents a strict deadline for homeowners seeking
federal tax credits for home energy-efficient improvements. The passage
of the One Big Beautiful Bill Act (OBBBA) accelerated the expiration of
most residential energy tax benefits. Ho...read more
Attention taxpayers, if you purchased an electric vehicle (EV) before
the September 30, 2025, deadline, you may be eligible to claim the
Federal Clean Vehicle Tax Credit. This credit offers a dollar-for-dollar
reduction of the taxes you owe. However,...read more
Be prepared and plan ahead for differences in your tax refund or balance
due - hopefully in a good “more money in your pocket” kind of way! Let’s
clear up the confusion about major changes in tax deductions such as no
tax on tips, Social Security, an...read more
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
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
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
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
Greetings, I just noticed that the desktop version of TurboTax Delux
2025 is missing the "Other items donations worksheet"I use this to
include all my non-cash items donated. For example, towels, books, and
other items donation to various charitable ...read more
I donated 82 shares of NIC stock to my church. While entering the
donation in Turbo Tax, it walks me through all the screens. I entered
the value of the donation using the IRS method of average daily price on
day it settled. I chose Avg Share Price w...read more
SaraInWIPosted Friday
| Latest post 14m ago by
AmyC
... Furthermore, the instructions then alternatively suggest adding the
foreign interest as "Other Income" but the link to that seems to default
to putting it on a 1099-MISC in our royalties section which seems
incorrect (?) to me. Is this really a s...read more
J000Posted Thursday
| Latest post 15m ago by
DaveF1006
I keep entering my donations, a can get cash donations to stay, but when
i enter gift donations, the previous ones disappear. I have the newest
edition of premiere, just downloaded it 1/25/2025
ml47Posted yesterday
| Latest post 26m ago by
ml47
i also noticed that no matter how many times i click "start" and go
through the whole process, that the hsa section is labeled with a "not
started" tag. Also, the sub-header for the section says "form 5498"
which i have, but am never prompted for.
m122Posted 2 weeks ago
| Latest post 29m ago by
BillM223