The calculation seems incorrect for those MFJ over 150k. With both
spouses over 65. In TurboTax it took the total combined of both spouses
and subtracted 150k = (a) . Took 6% of that (a) number = (b). It then
took 6000 -b to get c. It multiplied c ti...read more
TracyS1Posted yesterday
| Latest post an hour ago by
RogerD1
There is an additional standard deduction for taxpayers age 65 and over,
which was $1,550 each for married filing joint (MFJ) on the 2024 federal
Form 1040, which I believe is $1,600 per person MFJ on the 2025 return
(to be filed in 2026). The recent...read more
afletchertfcPosted July 28, 2025
| Latest post 2 hours ago by
rlktt
I always use Turbo Tax in January to manually enter income for tax
estimate due in April. 2025 Turbo Tax Deluxe won't allow manual entry of
1099R................ggggrrrrr..................how can I get get an
estimate?????
bb48Posted 2 weeks ago
| Latest post 4 hours ago by
DoninGA
Hello - When I entered my Social Security, the app showed no taxes due.
Check.When I added my 1099R, I was taxed on the full amount at the 12%
rate. So my question is, if Social Security is not taxable is it
included in my total taxable income? Somet...read more
deescottPosted 9 hours ago
| Latest post 9 hours ago by
DoninGA
There have been many posts asking when the software will be released to
allow the entry of 1099-R income. It appears that the community believes
that it will be included in the update scheduled for release on
1/21/2026. My question is why didn't Turb...read more
ttkathycPosted Sunday
| Latest post yesterday by
M-MTax
When trying to input form 1099-R in Wages and Income/Retirement plans
and Social Security, it states "This section will be ready soon" Then it
gives you the option to sign up for e-mail alerts when it's ready. When
you click on this it states you are...read more
We have not been able to enter our 1099-Rs and receive a notice that
"This section will be ready soon". Twice I have signed up for email
alerts and twice they were received and within an hour the response from
Customer Service was "Your tax forms are...read more
RetMil22Posted 2 weeks ago
| Latest post yesterday by
DC433
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?
MBHBPosted November 10, 2025
| Latest post Monday by
rjs
I am just starting my taxes and putting in my information and it is
telling me I have to file single because while I have dependents I don't
pay more than 50% of my expenses...which isn't true?
My union contract pays us overtime after 7 hours in one day. The most
straight-time we ever have on one check is 35 hours. From what I
understand, the no tax on overtime rule applies to the premium time on
hours worked PAST 40 hours, and not simply e...read more
PatlmacPosted 2 weeks ago
| Latest post 2 weeks ago by
rjs