Economic Relief Legislation | TurboTax® Support

Tax law changes

Today the President signed the Inflation Reduction Act of 2022 into law, which includes new tax provisions, extensions, and expansions of tax benefits related to energy efficiency and healthcare. Here are some resources to help you understand the pro... read more

Trouble entering 1099-R for pension. Turbo Tax software won't respond!

In wages & income, under retirement pension, software will not allow me to upload information due to somecomplication. Also says that it will be operational soon. I'm at a point this is all I have left to do to be finishedwith my federal return. Plea... read more

Made a mistake when filing 2024 taxes

I put in 1099INT information from 2023 instead of 2024 by mistake in my 2024 tax return. I already efiled the return with Turbo taxWhat steps do i need to take to correct. The interest income is $5464.00 more for 2024 so it changes everything.

Company pays with Paypal and sends 1099-NEC each year. What will happen when issued 1099-K for same amount?

I receive a 1099-NEC every year from a company for book royalties. The company pays me monthly via Paypal. What should I do next year when I receive a 1099-NEC from the company and a 1099-K from Paypal for the same amount? I'm sure there will be many... read more

NO ADVANCES in 2025 FOR EIC FILERS

I learned TODAY AFTER WAITING AND WAITING that REFUND ADVANCES ARE UNAVAILABLE to those filing EIC OR EARNED INCOME CREDIT IN 2025 for 2024. Is there a reason TT NANES THE FORMS AND NOT EIC ??

Using Inherited IRA Distribution to Fund RMDs for Other IRAs

Hello, My wife inherited an IRA from her father. She then designated me as the beneficiary of IRA. Then she passed away, and I inherited the IRA. The statements for the inherited IRA list:Her father (deceased)My wife (deceased beneficiary)Me (benefic... read more

Inherited ROTH IRA 10-year rule RMD

Hello,I have an Inherited ROTH IRA that falls under the 10-year rule. Am I required to take a RMD in 2024? thank you in advance

For Tax Year 2025 If a Company pays with Paypal and sends 1099-NEC each year. What will happen when issued 1099-K for same amount?

EV Charger tax credit income limit

Turbo Tax believes there is an income limit for EV Charger installation tax credit eligibility. My geo census is on the list, but the software values my credit at $0 because my joint income is above $150k. The chat bot says the upper limit for Marrie... read more

EV Credit Virginia

Our Scorp purchased and EV vehicle for delivery. How do I claim the Virginia credit?

How do you input Paid Family Leave in WA from the provided 1099-G?

Everywhere I read it says that Paid Family Leave is subject to income tax for the tax year 2024. In Turbo tax it says to answer no but if you do then it takes you back to the Wages & Income page. Do we need a turbo tax update to allow inputting this ... read more

How do I file my contractor's income with new PayPal law?

Hello, I paid a contractor through PayPal AND Zelle. I know they will receive a 1099 from PayPal for PART of their income but how do I report this on my taxes. For example (fictional numbers below): I paid Susie:$20,000 via PayPal for which she will ... read more

Jeep Plug In EV

I Leased a 2024 Jeep Wrangler plug in EV in April, does that qualify for the $3,750 tax credit Wrangler's get, or did I need to purchase?

Dependents

Wondering when things changed where a girlfriend or boyfriend can claim kids that aren't biologically theirs on taxes returns? From what I'm reading, they have to be blood/related in or to claim them and get the CTC and ETIC. Back in the day, I know ... read more

Receiving Pension Payments from Divorce

Divorced before 2018. I have received alimony since divorce that I have been claiming as income. Separately, I was granted 25% of his military pension when he retired. I started receiving the pension payments directly from him. Do I need to claim the... read more