Turbo Tips

If you're over 65-years-old or claimed as a dependent on someone else's tax return, do you have to file a return yourself? Are there benefits to filing a tax return even if you don't need to? Learn the facts in part 2 of our series, “Does Everyone Need to File an Income Tax Return?”.

Not everyone needs to file an income tax return each year. Your income level or social security benefits may affect whether or not you need to file a tax return. And if you don't, that takes a lot off your plate during tax time! Find out more in part 1 of our series, “Does Everyone Need to File an Income Tax Return?”.

Did you file your taxes and then remember some income you didn't include or a credit you could have qualified for? Don't panic — the IRS created Form 1040X just for that reason! Listen to, “How to file an Amended Return with the IRS,” and learn how to amend your return with confidence!.

Want to invest in yourself this year? The final idea in our series, “11 Fun Ways to Spend Your Tax Refund,” offers you a way to use your refund that will help you meet your fitness goals — and have fun in the process!.

All aboard the fun bus! We're giving you some inspiration to take a trip or have an experience. In part 5 of our series, “11 Fun Ways to Spend Your Tax Refund,” you'll be grabbing your bucket list for our 9th and 10th ideas.

Want to do something for yourself with your refund check? Consider going back to school or funding a hobby! It's our 7th and 8th ideas in part 4 of our series, “11 Fun Ways to Spend Your Tax Refund.”.

Make a difference with your tax refund money! That could either be in your house or in someone's life. In part 3 of our series, “11 Fun Ways to Spend Your Tax Refund,” we have our 5th and 6th ideas.

Cue the meditation music and grab a fluffy white robe. We'll explain why you should head to the spa and take advantage of some tax time shopping deals, in part 2 of our series, “11 Fun Ways to Spend Your Tax Refund.” It's time to relax with our 3rd and 4th ideas.

Get a taste of luxury with your refund money! In part 1 of our series, “11 Fun Ways to Spend Your Tax Refund,” we have ways to treat yourself and others with our first 2 ideas.

Are you wondering how soon after filing people get audited by the IRS? If you think it's immediately, you need to listen to part 6 of our series, the “Top 5 Myths About Tax Audits.” Learn why you should keep your tax records around for at least 6 years.

Do you believe that taking certain tax deductions may trigger an audit? If so, listen to part 5 of our series, the “Top 5 Myths About Tax Audits.” Discover the truth and take all the deductions you deserve!.

You might think those with low to moderate incomes don't get audited. That's our 3rd myth which we're busting in our series, the “Top 5 Myths About Tax Audits.”.

If you're nervous about meeting with an IRS agent if you're audited, don't be! You'll find out why in part 3 of our series, the “Top 5 Myths About Tax Audits.

Afraid of an audit? Don't be! We'll explain why it can be simple to resolve as we dispel our first myth in part 2 of our series, the “Top 5 Myths About Tax Audits.”.

If you're faced with an audit, don't automatically panic! What you're probably picturing in your head is likely false! In part 1 of our series, the “Top 5 Myths About Tax Audits,” we're explaining what an audit is.

Are you near retirement age and financially secure? If so, you may want to share your refund with others through a tax-free annual gift. Learn the rules by listening to the 7th tip in our series, “7 Smart Ways to Invest Your Tax Refund.”.

There's one way that credit cards can help you save money! Curious? Listen to the 6th tip in our series, “7 Smart Ways to Invest Your Tax Refund,” and learn how to use a credit card to your advantage.

Are you itching to make an investment with your tax refund? Listen to the 4th and 5th tips in the next part of our series, “7 Smart Ways to Invest Your Refund,” and see how an investment in yourself could be beneficial to your future.

Are you a homeowner? Or maybe you're thinking of buying a home? Listen to the 3rd tip in our series, “7 Smart Ways to Invest Your Tax Refund,” and find out how to use your refund wisely when buying or maintaining a home!.

Use your refund to maximize your 401(k) – and watch your retirement fund grow! In the 2nd tip in our series, “7 Smart Ways to Invest Your Tax Refund,” we give you the facts on why this is another great way to use your refund wisely.

If you're looking for financially savvy ways to use your tax refund, don't miss these tips! Listen to part 1 of our series, “7 Smart Ways to Invest Your Tax Refund,” and pay down those high interest credit cards.

You filed your taxes, but where's your money? We'll show you how to track it and tell you what happens after you transmit your return in, “Where's My Tax Refund? The IRS Refund Timetable Explained.”.

If you're a college student, you may be eligible for education-related tax credits, which could help with costs as you pursue your degree. You'll need to get the form from your school this year and reference it as you file your return. But no worries! Listen to this guide to Tax Form 1098-T and we'll walk you through it.

In the final part of our series, “Your Crypto Tax Guide,” we take a look at the forms you may receive due to your crypto activity during the year — and offer some information on how TurboTax can help you work through your crypto taxes this year!.

Got more questions? Sure you do! In part 6 of our series, “Your Crypto Tax Guide,” learn how to keep records of your crypto transactions, find out how the IRS tracks crypto activity, how crypto transactions are reported, and what happens if your crypto is lost or stolen.

In part 5 of our series, “Your Crypto Tax Guide,” we answer a whole host of crypto tax questions, including airdrop and hard fork situations, staking cryptocurrencies, crypto donations or gifts, crypto in tax deferred accounts, and crypto taxes based on income. Listen and learn!.

If you mine, buy, or receive cryptocurrency, and then sell or spend it, how do you report it on your taxes? Or what if you exchange or trade one type of crypto for another? In part 4 of “Your Crypto Tax Guide,” we give you the answers you need!.

Whether you've been cryptocurrency mining this year — or you've been paid with crypto for goods and services, figuring out how to pay your taxes may seem a bit daunting. But no worries! In part 3 of our series, “Your Crypto Tax Guide,” we give you the answers you need on these two crypto issues!.

In part 2 of our 7-part series, “Your Crypto Tax Guide,” learn how to calculate crypto capital gains and losses — and for those of you who invested in crypto, hear some important tips on how your investment may, or may NOT, be taxed this year.

You've got questions about cryptocurrency — and we've got answers! In the first of our 7-part series, “Your Crypto Tax Guide,” we'll walk you through the basics of cryptocurrency, its appeal, and tell you how it's taxed!.

Did your kid just get an inheritance or a scholarship? In the final installment of our series, “The Dirty Dozen: 12 Tricky Tax Dependent Dilemmas,” we're answering if you can still claim your now-loaded child.

Your children can affect your tax return, no matter their age! In part 3 of our series, “The Dirty Dozen: 12 Tricky Tax Dependent Dilemmas,” we're explaining how to claim newborns, children of divorced parents, and boomerang children.

We're taking a look at some of the most common dependent dilemmas involving couples living together, unmarried parents, and separated parents. In part 2 of our series, “The Dirty Dozen: 12 Tricky Tax Dependent Dilemmas,” we're diving into different family dynamics that affect the amount of tax you pay.

Not sure what the term “dependent” means as it relates to your taxes? In part 1 of our series, “The Dirty Dozen: 12 Tricky Tax Dependent Dilemmas,” we'll explain why knowing if you have a qualified dependent can have a huge impact on your return.

Did you know that filing your tax return online can actually be easy? In part 2 of our series, “E-File is Now Open: Why You Should File Early,” learn the benefits of filing now even if you owe money.

Don't procrastinate until the tax deadline this year! In part 1 of our series, “E-File is Now Open: Why You Should File Early,” learn how you can get a refund sooner and how you could file for free if you do it as quickly as possible.

Get credit savvy and refund happy! In the final part of our series, “5 Hidden Ways to Boost Your Tax Refund,” we're sharing the tax credits that could save you money.

Do you have an IRA or an HSA? Want to learn how timing can lower your taxable income? Listen to strategies in our series, “5 Hidden Ways to Boost Your Tax Refund,” and find out how being prepared can get you more money.

In part 2 of our series, “5 Hidden Ways to Boost Your Tax Refund,” we take a look at some commonly overlooked tax deductions — many that you may not even be aware of — that could have a significant impact on your refund!.

In part 1 of our series, “5 Hidden Ways to Boost Your Tax Refund,” learn how rethinking your filing status could impact the size of your refund!.

Do you need a different tax filing status than what you filed in previous years? In part 2 of our series, "How to Change Your Tax Filing Status," learn how to evaluate your eligibility and amend your tax returns.

Life changes happen and there's a chance that you need to alter your filing status. In part 1 of our series, “How to Change Your Tax Filing Status,” learn the requirements and explore why qualifying as a head of household could give you a larger deduction.

Do you pay for the care of a child or adult while on the job? If so, you may be eligible for a tax credit that puts that money back in your pocket. In part 4 of our series, “Ways to Increase Your Tax Refund You Never Thought About," learn about the child and dependent care credit — and see if you qualify!.

Not bringing in a lot of income? In part 3 of our series, “Ways to Increase Your Tax Refund You Never Thought About," we're learning about the requirements for qualifying for the Earned Income Tax Credit.

Have you had a major relationship change this year? In part 2 of our series, “Ways to Increase Your Tax Refund You Never Thought About," you'll learn more about how your filing status can impact your taxes.

Want more money in your tax refund? In part 1 of our series, “Ways to Increase Your Tax Refund You Never Thought About," you'll discover how your W-4 can spell the difference between owing or receiving on your return!.

If you served on a jury this year, you may be eligible for a tax deduction! Surprised? So are most people. Learn what jury duty has to do with tax deductions in the final installment of our series, “The 10 Most Overlooked Tax Deductions.”.

How can mortgage points lower your tax bill? If you're a homeowner, you need to listen to part 9 of our series, “The 10 Most Overlooked Tax Deductions." Discover whether you can use these points to maximize your refund or lower your tax bill!.

State taxes you paid last spring could mean a deduction this year! In part 8 of our series, “The 10 Most Overlooked Tax Deductions,” we'll help you make the most of what you owed.

We're helping you take advantage of a refundable tax credit. Don't miss out on more than $6,000 through the Earned Income Tax Credit as part of our series, “The 10 Most Overlooked Tax Deductions.”.

If you paid for someone's care this year — either a child or an adult — you may be eligible for the Child and Dependent Care Tax Credit which could put money back in your pocket at tax time! In part 6 of our series, “The 10 Most Overlooked Tax Deductions,” see if you qualify!.