Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
skmanbc
New Member

How do I put in 'other deductions' I repaid a life insurance loan that I hd been paying taxable gains on. I got a letter saying I could claim $2267.26 deduction

 
1 Reply

How do I put in 'other deductions' I repaid a life insurance loan that I hd been paying taxable gains on. I got a letter saying I could claim $2267.26 deduction

You can do this in TurboTax by clicking on the “Find” icon in the top right and search for “misc”. Select “Miscellaneous Deductions” from the list and then click the “Go” button. On the Other Deductions there are several different boxes. If none of them applies to you, you can go to the bottom of the page and enter your amount (with a description) there. Click “Continue” to save you changes.

 

If you have TurboTax Live Assist & Review, this FAQ shows how to talk to a Tax Expert: https://turbotax.community.intuit.ca/community/navigating-turbotax/help/i-m-using-turbotax-live-assi...