I had 2 jobs but both jobs use Sequoia PEO for payroll services. That means I only get one W2 form AND Sequoia needs to withhold social security tax up to the 10,918 limit for 2025 for BOTH companies. As a result, they have in aggregate withheld a lot of excess social security. FreetaxUSA is not reading this situation…
Just wasn't sure if this is correct, but am I able to claim homestead credit in Michigan if the home is owned by me and my son (both our names are on the deed) and we both live there as our primary home? Both of our incomes combined exceed the THR value, but my income alone does not so it allows me to receive the credit…
Hi, I’m a >2% shareholder in an S-Corp and need to claim the self-employed health insurance deduction (Form 7206). I received a K-1 from the S-Corp. I tried entering the health insurance amount during the K-1 interview when it asked for health insurance premiums, but the deduction doesn’t get placed on any form (for…
I input my overtime with my w2 but it does not get put onto my 1-a form when the document gets generated. I know I qualify but it shows $0 for my below the line deduction. Is free tax USA not calibrated for this new deduction yet?
Hello - I believe I have found a possible issue/error with FreeTaxUSA 2024. I made a large amount of charitable contributions in 2024 in the form of donated stock - or Capital Gain property. According to the IRS, deductions for Capital Gain property are supposed to be limited to 30% of my AGI, with the rest carried over to…
I purchased a house on April 22, so I have owned it for 254 days of the year. I rented out a single room in the house for 201 days. However, I did not use the room for personal use at any point during the 254 days, it was just sitting empty. I understand that I use the percentage of square footage to prorate the expenses…
In 2025, I had a gas water heater installed that qualifies for a rebate according to energystar.gov. However, there does not appear to be a way to include appliances like this in the clean energy costs section. The only water heater option is for solar. Is there a way to get this added, or am I trying to add it in the…
FreeTaxUSA says "Enter the average mortgage balance" but earlier (when inputting the figures from Form 1098, Mortgage Interest Statement) FreeTaxUSA asks me "Did you use all of the money from this loan to buy, build, or substantially improve your home?" The answer is "no" so the software said to input in Box 1 only that…
We are married filing jointly and will be itemizing our deductions for the year. I ran our taxes through TurboTax, H&R Block, and FreeTaxUSA TurboTax and H&R Block both matched exactly, calculating our itemized deductions as approximately $69,000. FreeTax USA included a slightly higher amount, and after going through our…
For line 21 of Schedule E, my tax preparer previously split our real estate loss total between me and my wife by multiplying by 0.5. So it was the same number for everything and he wrote x 0.5 on the form. We are MFS for student loan purposes. I can't find a way to do this on FTUSA. Please let me know how this can be done.
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