Tax Credits and Tax Deductions | TurboTax® Support

Deductions & credits

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

My wife will start Medicare Part A effective Oct 23. We contributed to our HSA during Oct-Dec 2023, but shouldn't have. 2023 tax return already filed. How to remedy?

Do I ask for a refund of the excess HSA contribution (and interest) and file an amended return for 2023? Or, do I take some kind of distribution in 2024 and correct this on my 2024 return? Thanks for any help!

K1 income not flowing through to schedule SE or section D2

K1 income is correctly accounted for in calculating income taxes and SS taxes BUT not flowing through into self-employed income for social security admin calculations? This is a 2022 return problem. 2000 through 2021 are correct -- i must have ticked... read more

Were do i put my child tax credit

Why did TurboTax claim a "military" deduction for my regular Social Security income?

State of Michigan is disallowing a deduction for the full amount of my Social Security retirement income that was wrongly entered by TurboTax as a military benefit. It used to be possible in TurboTax to look at the actual form and click on a box to f... read more

I never got my child tax credit that I qualified for. What do I do now?

How do you force itemizations (when below standard deduction) on the federal return?

Does Turbo Tax software even allow you to do it?

How can I pay if I live overseas? I've tried paying with my federal return but it was rejected because I have a foreign address and my foreign credit card isn't accepted.

Foreign property and non-resident alien spouse

My wife is Canadian and is a non-resident alien. I am a US citizen, and primary residence in US. For years, I have filed "married filing jointly", treating my Canadian wife as a resident alien for tax purposes. She is likely going to inherit her pare... read more

This answer has been verified for accuracy by an Intuit expert employee Excess Contribution to both 401K and 401Roth

Here is my problem. My wife had two different employers in 2023. Both contributed $22,500 to a combination of traditional 401K and Roth 401K. We confirmed this only after we filed our taxes (turbotax did give the notice) and after April 15th, 2024. W... read more

Can I take home office deduction if I am self-employed (catering/event mgmt)? I only use the home office for admin. All meetings and work done at client's location

Oregon Itemized Deductions vs. Standard Deduction

Warning to anyone who intends to itemize deductions for Oregon for 2023. My Oregon return was only showing the standard deduction even though I entered all of the information for real property taxes, mortgage interest, and charitable contributions in... read more

Tesla Model Y EV credit

Tesla model Y bought Dec 26, 2021, Taxes and fees paid in Jan 2022 and placed in service Jan 2022. Does this qualify for the new EV rebate and claimed in the 2022 tax return?

Does taking online surveys count as earned income?

I receive SSI benefits and do not work, therefore do not pay taxes. I take surveys online and receive rewards in Amazon gift cards. The rewards are inconsistent and vary month to month. I am wondering if without ever working and never paying taxes do... read more