TurboTax Tips

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Tax tips in 5 minutes or less. It’s the stuff about taxes that can help you but you might not know. And that’s OK, because we’re here all year to make taxes simple. Get real advice for real people presented by TurboTax -- where it’s never been easier or faster to get your taxes done right.

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159 episodes

How Much Your March Madness Bracket Will Cost You at Tax Time (Part 4)

Was your March Madness bracket a bust? If you lost money, you could deduct gambling expenses. We’ll show you how in part 4 of our series, “How Much Your March Madness Bracket Will Cost You at Tax Time.”.

1m
Mar 31, 2023
How Much Your March Madness Bracket Will Cost You at Tax Time (Part 4)

Was your March Madness bracket a bust? If you lost money, you could deduct gambling expenses. We’ll show you how in part 4 of our series, “How Much Your March Madness Bracket Will Cost You at Tax Time.”.

1m
Mar 24, 2023
How Much Your March Madness Bracket Will Cost You at Tax Time (Part 3)

What’s a few dollars between friends? In part 3 of our series, “How Much Your March Madness Bracket Will Cost You at Tax Time," we're explaining what the IRS expects when it comes to sports betting with friends, family, and colleagues.

1m
Mar 23, 2023
How Much Your March Madness Bracket Will Cost You at Tax Time (Part 2)

Taking part in March Madness? In part 2 of our series, "How Much Your March Madness Bracket Will Cost You at Tax Time," we’ll get down to the basics so you can figure out what extra information you need after making bets when you sit down to do your taxes.

1m
Mar 22, 2023
How Much Your March Madness Bracket Will Cost You at Tax Time (Part 1)

Wondering what March Madness has to do with taxes? In part 1 of our series, “How Much Your March Madness Bracket Will Cost You at Tax Time,” you'll learn about what the IRS considers income.

1m
Mar 21, 2023
Does Everyone Need to File an Income Tax Return? (Part 2)

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?”.

2m
Mar 20, 2023
Does Everyone Need to File an Income Tax Return? (Part 1)

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?”.

3m
Mar 17, 2023
How to File an Amended Return with the IRS

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!.

3m
Mar 16, 2023
11 Fun Ways to Spend Your Tax Refund (Part 6)

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!.

1m
Mar 15, 2023
11 Fun Ways to Spend Your Tax Refund (Part 5)

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.

1m
Mar 14, 2023
11 Fun Ways to Spend Your Tax Refund (Part 4)

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.”.

1m
Mar 13, 2023
11 Fun Ways to Spend Your Tax Refund (Part 3)

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.

1m
Mar 10, 2023
11 Fun Ways to Spend Your Tax Refund (Part 2)

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.

1m
Mar 09, 2023
11 Fun Ways to Spend Your Tax Refund (Part 1)

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.

1m
Mar 08, 2023
Top 5 Myths About Tax Audits (Part 6)

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.

2m
Mar 07, 2023
Top 5 Myths About Tax Audits (Part 5)

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!.

1m
Mar 06, 2023
Top 5 Myths About Tax Audits (Part 4)

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.”.

2m
Mar 03, 2023
Top 5 Myths About Tax Audits (Part 3)

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.

2m
Mar 02, 2023
Top 5 Myths About Tax Audits (Part 2)

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.”.

1m
Mar 01, 2023
Top 5 Myths About Tax Audits (Part 1)

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.

2m
Feb 28, 2023
7 Smart Ways to Invest Your Tax Refund (Part 6)

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.”.

1m
Feb 27, 2023
7 Smart Ways to Invest Your Tax Refund (Part 5)

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.

1m
Feb 24, 2023
7 Smart Ways to Invest Your Tax Refund (Part 4)

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.

1m
Feb 23, 2023
7 Smart Ways to Invest Your Tax Refund (Part 3)

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!.

1m
Feb 22, 2023
7 Smart Ways to Invest Your Tax Refund (Part 2)

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.

1m
Feb 21, 2023
7 Smart Ways to Invest Your Tax Refund (Part 1)

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.

1m
Feb 20, 2023
Where’s My Tax Refund? The IRS Refund Timetable Explained

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.”.

3m
Feb 17, 2023
Who Gets the 1098-T Form Tuition Statement

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.

4m
Feb 16, 2023
Your Crypto Tax Guide (Part 7)

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!.

3m
Feb 15, 2023
Your Crypto Tax Guide (Part 6)

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.

3m
Feb 14, 2023