Tax Credits and Tax Deductions | TurboTax® Support

Deductions & credits

Earned Income Tax Credit: This is the Big One!

Have you heard about the Earned Income Tax Credit (EITC or EIC)? It’s the largest refundable tax credit available to taxpayers with low to moderate income. The fact that it’s "refundable" is what makes it so desirable and helpful for many taxpayers. ... read more

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

auto accident medical reimburse

Can I deduct medical bills from auto accident even though reimbursed by auto insurance?

How do I link more bank accounts to scan for deductions?

Are replacement windows tax deductible

double-pane, energy efficient, cost $12,000

Choose itemized button not working, keeps saying I'm selecting the standard deduction, frustrating!

Finally at the end of taxes but turbo tax won't let me choose my itemized deductions which are far greater, over $24,000, than the standard $13,850 . The system keeps reverting to standard deductions, not what I select or want. I've been working at t... read more

I inherited our parents home along with 3 sisters. We sold the home and split the proceeds. Do I enter the contract price when form is asking for Fair Market Value?

on 1099S. asking for Fair Market Value when previous owner passed away. Home was never in our names.

HSA Excess Contribution?

This year, I contributed via paychecks a total of $5370 to my HSA. I contributed an additional $3220 to it for a total of $8590 (barely over the family contribution limit of $8550). Our gross distribution is $9007, and we had a balance of $534 from 2... read more

Form 8283 Error

When will the bug related to this be fixed?"If Schedule A (Form 1040), 'OtherThanByCashOrCheckAmt" is greater than 500, then Form 8283 must be attached. This Return Cannot be filed at this time due to a processing error that will be corrected on Janu... read more