The first step to maximizing your tax refund - and possibly keeping the
IRS at bay - is to use the correct filing status on your tax returns. If
only it were as simple as choosing Single or Married. But alas, there
are a whopping five (5) filing stat...read more
Be prepared and make tax preparation a breeze! Imagine how beneficial
and stress-free it would be to not rush around last minute gathering
your tax info. You can begin by making a list of what's changed since
last year and gather your supporting docu...read more
The end of the year is more than just holidays, great food, and family!
It’s also the perfect time to make smart money decisions, take action to
reduce your tax liability and give yourself peace of mind! The following
links are filled with tips and s...read more
If we have to end up buying a new computer to get win 11 to do the taxes
for 2025.I wonder how manys years will we get by before having to get
another computer.I have used turbo for 40 + yrs .I have 14 yrs worth of
turbo tax on this computer.I hate t...read more
landr421Posted August 31, 2025
| Latest post 14m ago by
skramblr
I've been a loyal It's Deductible customer for many, many years so I was
extremely disappointed to hear that it is being discontinued. I spent an
entire day looking for a replacement and none of them were as good as I
was use to with It's Deductible....read more
A family member will be selling their house in a few months. The gain
will be in excess of the $250K deduction allowed to a single person.
Various self-proclaimed "experts" have told him that he can add to the
basis the interest he has paid over the ...read more
The Schedule K-1 (Form 1065) shows parenthesis around the amount shown
for "Withdrawals and Distributions" implying it is a negative number or
withdrawal. How am I to enter it into the Turbotax field? Do I enter it
as a negative number?
At one time, I found on the ItsDeductible website a database of fair
market values for common donated items. I cannot find it now. Is it
still available?
MochinaPosted a week ago
| Latest post yesterday by
Mochina
I too have been using ItsDeductible for as long as I can remember, and a
user of TurboTax since tax year 2000. I am sad to see ItsDeductible
going away, especially this late in the year. However, I found an online
alternative to use: https://deductib...read more
BillnlettPosted 2 weeks ago
| Latest post yesterday by
noodad
Hi,My parents have been in the US since January 2023 on J1 and J2 visas.
They were NRAs during 2023 and 2024 as they were excluded from the
substantial presence test for the first 2 years. They have become US
residents for tax purposes since Jan 1st ...read more
After more than 30 years of using TurboTax—starting with Deluxe, then
Premier and eventually upgrading to Home & Business—I was disappointed
to learn that Intuit plans to discontinue ItsDeductible on October 21,
2025. ItsDeductible has been a corners...read more
e024486Posted September 4, 2025
| Latest post yesterday by
M-MTax