Tax Credits and Tax Deductions | TurboTax® Support

Deductions & credits

How Taxpayers Can Claim the Expiring 2025 Home Energy Tax Credits: Video Guide

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

Federal Clean Vehicle Tax Credit Ends: 2025 Video Tutorial

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

New Tax Deductions & Changes - One Big Beautiful Bill Act (OBBBA)

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

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

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

Gain/Loss basis

I have read the other posts about this but is still confused on what to enter. Total cost of my car was $33k in 2015. When I started using my car for delivery business in 2023 it was worth $8375. I traded it in for a newer vehicle in 2025, trade in c... read more

US Form 5695 Residential Energy Credits "Available Soon" yet "Available"?

The form says available according to the TurboTax form availability page. It originally said the Form was due to be available on 1/21/2026. However within the App it still says "Available Soon". Looks like the "Form" is able to be manually filled out... read more

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2025 Charity entry does not show in summary list for deductions - just shows Available Now (initially it showed Available soon)

2025 Charity entry does not show in summary list for deductions. Initially it showed Available soon and prevented entry. It now shows Available now - but entered amount does not show. Looking to 2024 comment - there was the exact same issue.

The questions on 1116 don’t get me anywhere. I keep going around in circles unable to report a foreign tax pain on capital gains from home sale abroad

Is there a way to do it directly?

Critical 2025 EV Tax Credit Calculation Flaw

I contacted TurboTax support today to inform them about a calculation and logic flaw in the determination of eligibility of the 2025 EV tax credit. I want to ensure that this issue is highlighted for the benefit of the community as I do not have conf... read more

Do you have to have lived in the US for more than 6 months to qualify for child tax credit?

Who can claim the dependent??? IRS vs. Court Order

My wife has been divorced for 12 years. Her and her ex have a divorce decree and 50/50 custody agreement in the state of PA that states that the dad can claim the son and the mom can claim the daughter on taxes. In late 2018, the son was physically a... read more