Tax Credits and Tax Deductions | TurboTax® Support

Deductions & credits

Maximize Personal Tax Deductions: Itemized vs Standard

If you’re confused as to whether it’s better to take the Standard Deduction or Itemize Deductions on Schedule A, you’re not alone. Personal tax deductions include such things as charitable donations, mortgage interest, property taxes, state income ta... read more

Dependents: Children, Relatives & Others

If you want to get those juicy dependent tax credits and benefits, it’s important to get it right. Getting it wrong can create an IRS mess you don’t want to be a part of - trust me on this one! If the result isn’t in your favor, not only will you lik... read more

Charitable Donations: A Tax & Giving Win!

It’s always wonderful to donate to charitable causes. But did you know that the type of organization you donate to can actually make a difference on your taxes - and even whether or not you can actually deduct it? For example, donating cash through a... read more

Favorite Tax Deductions & Credits for Families!

Everyone knows there are tax benefits to having children and dependents and some are pretty amazing! If you’ve ever had questions about the popular Child Tax Credit (CTC) or Earned Income Credit (EIC), this is the place to be! TurboTax does the think... read more

Tax Deductions Worth Looking Into!

It seems the most popular question at tax time is “Can I deduct this…?”. Of course you don’t want to pay more taxes than you need to; and you want to get all the tax deductions and credits you’re entitled to take. The resources below have helped many... read more

Dependent Care FDA - Carry Overt Funds

I can't figure out how to answer the following question: Enter the amount of any excess contribution that you carried over from 2023 that you used to pay qualified expenses during the grace period in 2024. Is this referring to funds that were reimbur... read more

Capital Gain taxs on house owned with my Mom for 2 years , Mom passed I became owner

My mom in her last years was too old to care for herself so My wife and I moved in with her for close to 28 months before she passed . I owned the house with mom for two years she added me to deed before . I do own another house too. Mom pass away in... read more

How do I find out the home office expenses that will carry over to next year? Did not write the figures before filing but I remember Turbo Tax keeps them. Right?

CA Form 540 Deductions

Why is my California return showing an $81,000,000 deduction to income? The number is no where on my federal return. I cannot figure out where it is pulling that number from. I did not itemize on the federal return.

Can I deduct Cafe 125 on my NJ State return?

I'm a New Jersey resident. I'm trying to figure out what medical costs can be deducted on my NJ State return.So say on my W2 at Box 16 (State wages, tips, etc.) it says $70,000.00, and at Box 1 (Wages, tips, other comp) it says $63,000.00.In the Gros... read more

rideshare using a rental

Hello, I'm new to this and need help. I drive for Uber because my car broke down and I was able to get a rental through them. I'm using TurboTax deluxe software. I'm trying to figure out how to claim expenses for renting a vehicle and for the gas I u... read more

Where do I enter fees such as State Transfer Tax and Non Resident Tax from the closing when sold a second home which was in NJ while living in NY?

I donated my car to PBS, how do I get credit for that?

I donated a $6000 car to charity. Do I get a deduction for that?

Dependent's 1098-T Taxable income from scholarship

Hello and good evening! I tried reading through several other questions to figure out my son's 1098-T but a little confused so I thought I would just ask. Thank you for any help! Box 1-$24,435Box 5-$37,746 From what I understand as the "loophole" I w... read more

H1B to F1 (Non-resident alien) - US -India tax treaty eligibility question

A different scenario here: My first entry to the USA was on H1B. I changed to F1 after few years. Based on substantial presence test, being an exempt individual for first 5 years on student visa, I am a non-resident alien for tax. Can I claim standar... read more