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…
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…
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.
My house has 2 furnaces and I replaced both of them in 2025 with an energy efficient furnace. Am I able to claim $1200 or is the freetaxusa filing service correct by only giving me $600 credit?
I am a single mom that was unemployed during 2023. What tax credits if any are available to me?
Can I get Tax Rebate on installation of level 2 EV charging nova 50 outlet for my EV car?
It looks like you're new here. Sign in or register to get started.