Economic Relief Legislation | TurboTax® Support

Tax law changes

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Why is my projected tax zero?

Taxcaster for the 2025 tax year tells me I have $600 in taxable income and yet it says the tax owed is zero. I thought that amount of taxable income would be in the 10% category. I don't have any credits. I do have qualified dividends. Could the zero... read more

$6000 Senior Deduction

So, if im reading this correctly, it's $6000 for a 2 senior household and NOT $6000 each senior... is this correct?

Does TurboTax Show both the Senior deductions and where is it on the form?

Eligible Designated Beneficiaries (EDB) Inherited IRA

Greetings, I just inherited an IRA after my dad's passing. I do have a VA form 21-0172 that states I am permanently and totally disabled. I called vanguard to notify them that I qualify for being an Eligible Designated Beneficiary (EDB) and to calcul... read more

Tax Calculator “What you told us” missing IRA, Social Security values

Since the recent update for the 2025 tax year when I put in my information into the Tax Calculator tool the IRA withdrawals and Social Security income that I entered are $0 in the “What you told us” Retirement section. Although, they do affect the re... read more

$6,000 bonus deduction

We have just downloaded the 2025 Lacerte program. I have entered some data to determine how the bonus deduction will work and it's not. Is this deduction an update that will be done later?

Filing for Seniors

We are 81 and were wondering if there's a time when we no longer need to file a tax return seeing the ONLY income we have is SSA?

NC State Return

NC State tax return required if all income is SSA?

Standard

FALSE! $31,500+2X$1,600 = $34,700Add 2x$6,000 for total $46,700Please respond if not correct.(I don't know why this isn't spelled out clearly on any website that I've seen.)

This answer has been verified for accuracy by an Intuit expert employee Amended tax return to change filing status and split taxes paid on original tax return

My wife and I initially filed our 2024 income tax return jointly, but then we amended it to the filing status of “married-filing separately” to reduce our state income taxes. As a result, our total federal tax liability increased by only $3, which my... read more

This answer has been verified for accuracy by an Intuit expert employee Partial Business Expenses, Internet

Hello, This year I have started my own LLC and recently acquired a business line of credit. I am trying to do everything correctly and putting the clear business expenses on the card. In reading these forums, I've read about the itemized version of b... read more

179 + Bonus depreciation in 2025

I purchased a van for my company [C-corp, 100% business use, California] in Aug/2025 for $80,000. I am estimating my corporate profits to be about $25K for 2025 BUT next year [2026] it will be closer to 100K and again in 100K in 2027 and 2028. I was ... read more