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TurboTax News

TurboTax Restores Popular Forms to Desktop Software

September 29, 2015 January 30, 2017 / TurboTaxBlogTeam

TurboTax desktop software products for 2015 will once again include popular forms that customers expect, reaffirming Intuit Inc.’s commitment to roll back changes made to last year’s product. The downloadable and CD versions of TurboTax Deluxe desktop software will again...

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Health Care

5 Life Events that Qualify You for Special Enrollment

September 18, 2015 August 30, 2017 / TurboTaxBlogTeam

Young family taking a break from moving houses

Certain life events can qualify you and your family to sign up for health coverage, also known as a special enrollment period. If you are uninsured and missed open enrollment for 2015 health insurance, you can qualify for health insurance...

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Health Care

Affordable Care Act Update: New Information About Form 1095-B and 1095-C

September 14, 2015 November 20, 2015 / TurboTaxBlogTeam

2016 marks the second year that Americans are required to report their health insurance status on their taxes under the Affordable Care Act (ACA). If you have health insurance through your employer, Medicaid, Medicare, VA, or other qualifying coverage, all...

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Health Care

Affordable Care Act Health Insurance Marketplace Open Enrollment is November 1st through January 31st [Video]

September 11, 2015 / TurboTaxBlogTeam

Under the Affordable Care Act, most Americans need proof of health insurance coverage. Without health insurance, you could face an increased penalty for 2016 of $695 per adult in household or 2.5 percent of income when you file your 2016...

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Tax Deductions and Credits

Happy National Dog Day! How Finding Your New Best Friend Can Save You Money

August 26, 2015 / TurboTaxBlogTeam

Happy National Dog Day! Today is a special day to celebrate our beloved four-legged furry friends. They can be great companions, show kids some responsibility (well sometimes), and great watchdogs, but man’s best friend can be very expensive. We often...

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Health Care

Summertime Tax Tips: Keeping Your Health Insurance Updated

August 11, 2015 / TurboTaxBlogTeam

With the summer in full swing, it can be easy to abandon that pesky “to-do” list in favor of beach days, vacation or just relaxing at home. But this is also the time when it really pays off to be...

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Health Care

Received a Tax Subsidy to Offset Health Insurance Costs? Don’t Forget to File Your Taxes!

August 4, 2015 August 27, 2015 / TurboTaxBlogTeam

UPDATED 8/27: If you were one of the many who purchased a Marketplace insurance plan for 2014 and received government subsidies also known as an advanced premium tax credit to help offset the costs, you may not be aware you...

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Family

Who’s My Dependent and Will They Save Me Money at Tax-Time?

July 23, 2015 / TurboTaxBlogTeam

Did you just have a baby? Are you taking care of a family member? Then you may be able to get a dependent exemption worth $4,000 (this adjust up every year) for each dependent when you file your 2015 taxes....

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Tax Deductions and Credits

Taxes for Life Stages: Buying a House and Having a Baby [Video]

June 30, 2015 / TurboTaxBlogTeam

Buying a new home and having a new baby in the same year can be two of the happiest moments in a person’s life. With it comes a whole new set of tasks and responsibilities: fix the leaky sink, pay...

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Income and Investments

Let Me Tell You About My Best Friend: Saving Tips From Our Pal Mint

June 8, 2015 / TurboTaxBlogTeam

Today is National Best Friends Day and what better excuse to get together with your BFF and do something fun. Sure an overnight getaway sounds nice, but you don’t have to break the bank to have a good time on...

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