Yes, TurboTax can be used to amend your 2015 return. You'll just need the 2015 CD/Download version of the software in order to amend it.
If you filed your 2015 return with TurboTax, go here How do I Amend a 2015 Return Originally Filed with TurboTax Online? and follow those steps.
If you did not file your 2015 return with TurboTax, go here Buy 2015 CD/Download Software to purchase the download of the software.
Once you have that software installed on your computer and a copy of your original 2015 return in hand, go here How do I Amend a 2015 Return in the TurboTax CD/Download Software? for steps to amend that return.
Keep in mind, this return will have to be printed and mailed as well. Prior year nor amended returns can be e-filed per IRS regulation.
You will want to include any W-2s or 1099 forms that have federal tax withheld, if you made any changes to those sections. Basically, any new information that you entered, you want to attach copies of those documents to support your changes.
If you go here Instructions for 1040X and read under the Assembling Your Return section on the bottom of Page 13, it will list everything you need to send along with Form 1040X. There should be a Filing Instructions page that should print with details on what else to include with that 1040x return. And you may want to consider sending it certified mail so that you know when they receive it. And be sure to sign it.
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Yes, you can...but only once in a lifetime.
Note the limitation: the rollover is counted as part of the annual contribution to your HSA and is subject to the annual HSA contribution limit. Since this can't be larger than $7,750 in the best of cases, this limits the benefit that you can derive. However, it does mean that for one year, at least, you can stop sending money to your HSA and rollover some money from an IRA instead.
Also note that the rollover must be from an IRA in your name to an HSA in your name. No rolling over amounts to/from your spouse's or someone else's account.
To enter the rollover into TurboTax, please do the following:
1. Navigate to the screens to enter your 1099-R (Federal->Wages & Income->Retirement Plans & Social Security->IRA, 401(k), Pension Plan Withdrawals (1099-R)).
2. Enter your 1099-R information. Be sure to check the box that it is an IRA.
3. The distribution code in box 7 is probably '7' (normal distribution).
4. When asked if this money was rolled into a Roth IRA, be sure to answer "No".
5. After a screen or two, you should see this screen: "Did [name] Put This Money from ira to hsa in a Health Savings Account (HSA)?". Answer "Yes" and Continue.
6. This will carry automatically to the HSA interview.
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For a primary home mortgage loans, the deductions available to you are to: interest, property taxes paid, mortgage insurance premiums, and points. Look for these on your closing documents in addition to any reported on a 1098 form.
Mortgage Insurance Premiums - These are deductible over an 84 month period. Ex: If you paid $2300 when you closed your home in July, your deduction would be ($2300/84) x 6 months = $164.29. This write-off phases out as adjusted gross income increases above $50,000 on married filing separate returns and above $100,000 on all other returns. Your income may be why you are not seeing an increase to your refund.
Other fees, such as commissions, attorney fees, preparation of deed, abstract fees, owner title insurance, recording fees are added to the basis of your home, and not deductible. An increase in basis means that less gain will be calculated. These costs come into play when you sell your home.
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Try out some mortgage calculators. Bankrate.com is a good place to start, or google for other sites.
Some other points to remember about how much home you should buy:
School district - If you have children or plan to in the future, this will become an important consideration.
Commute time - Consider the amount of time on the road you spend getting to work. Long commutes come with greater expenses in addition to time.
Lifestyle - Is your new home close enough to activities/shopping that you utilize? Are there gas, grocery, restaurants, hardware, pet services and other stores that you frequent, nearby?
Crime - Everyone wants to live where it is safe. Don't overlook this statistic for your potential area.
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