Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 5:23:29 PM

DFAS form 705: there is no area to enter this deduction. I have a deduction of almost 600.00 I need to enter.

I have no idea where to enter this deduction using the Turbo Tax interface.

0 3 2372
3 Replies
New Member
Jun 4, 2019 5:23:31 PM

Please go to Federal taxes> Deductions and Credits>Other Deductions & Credits>Other Deductible Expenses. Answer No to the generation skipping tax question, proceed to the next screen and answer Yes, then enter Description of “Repayment DFAS Form 705” and the amount.


New Member
Feb 2, 2021 11:56:04 AM

What if the amount is greater then $3000

Expert Alumni
Feb 2, 2021 12:54:12 PM

Please see this Community post on how to handle amounts over $3,000.

 

@Athompson05