Tax Credits and Tax Deductions | TurboTax® Support

Deductions & credits

Your W-2: Box 14 codes for No Tax On Tips & Overtime

For 2025, the IRS has kept the W-2 form the same as prior years. This means that many employers are utilizing Box 14 to reflect changes in the tax laws such as “No Tax On Tips” and “No Tax on Overtime”. Box 14 is typically a space for employers to in... read more

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

Incorrect SALT information in Help?

After entering all the information, when reviewing the income and deductions section, TurboTax shows a difference in the amount entered versus the amount allowed. When I click on the "Why the difference" link the help box that pops up still shows the... read more

Why has the side-by-side comparison with last year's entry for each item been removed in the last few weeks? The side-by-side system was far superior.

We should be up in arms at this disastrous change that makes it so much harder to know if you have missed something or made an error.

Standard deduction incorrectly being substituted for Itemized deduction (line 12e)

Per Schedule A, $44129 should be entered on line 12e. However, TT is entering the Standard Deduction amount of 31,500 on that line and I can not correct it on the form or in the TT software???

where can i enter residential energy property (5695 part1) NOT residential energy credits for improvements (part 2)

It says I qualify for the child tax credit but it is not adding it to my refund amount. what is going on?

Form 8889 Line 2 Smart Worksheet Confusion

I'm not a tax expert. I'm depending on TurboTax to ask me questions and then fill out the forms so my taxes will be calculated correctly. Form 8889 Line 2 Smart Worksheet auto-filled with $570 and implied I overpaid this amount into my HSA in tax yea... read more