INTUIT VALUES
THIS INTUIT VALUE MEANS DOING THE RIGHT THING, EVEN WHEN NO ONE IS WATCHING
WHAT IS INTEGRITY WITHOUT COMPROMISE?
This is the most common filing status, used by taxpayers who are unmarried and do not qualify for any other status.
What is Single?
This 2022 Act created significant tax credits for taxpayers installing clean energy property like solar panels and heat pumps, impacting Tax Year 2025.
What is the Inflation Reduction Act (IRA)?
For Tax Year 2025, this is the first day of the new year that you can generally file your tax return.
What is January 1st?
This is the most common credit available for taxpayers with a qualifying child.
What is the Child Tax Credit?
THIS INTUIT VALUE IS WHY WE SWEAT EVERY DETAIL OF THE EXPERIENCE TO DELIVER EXCELLENCE
WHAT IS CUSTOMER OBSESSION
To qualify for this status, you must be unmarried and have paid more than half the cost of maintaining a home for a qualifying person for more than half the year.
What is Head of Household?
The legislative process known by this name in the Senate allows a bill to pass with a simple majority, often used for tax-related acts like the TCJA.
What is Reconciliation?
This form is used to itemize deductions, replacing the Schedule A for many filers.
What is Form 1040, Schedule A?
This credit, which is refundable, is intended for low-to-moderate-income workers.
What is the Earned Income Tax Credit (EITC)?
WE DISPLAY THIS VALUE BECAUSE WE ARE BOLD AND FEARLESS IN HOW WE THINK AND ACT
WHAT IS COURAGE
This status is used by a married couple who both agree to file one return and often results in the lowest tax liability.
What is Married Filing Jointly?
A scheduled sunset of key provisions from this 2017 Act is one of the biggest tax law considerations for Tax Year 2025.
What is the Tax Cuts and Jobs Act (TCJA)?
This is the maximum percentage of business-related meals that is generally deductible in Tax Year 2025.
What is 50%?
This credit can be claimed for up to $2,500 of qualified education expenses for a student pursuing a degree.
What is the American Opportunity Tax Credit (AOTC)?
WE EXHIBIT THIS INTUIT VALUES WHEN WE DELIVER EXCEPTIONAL RESULTS SO OTHERS CAN COUNT ON US
WHAT IS STRONGER TOGETHER?
This status is often chosen by a married couple who want to keep their tax liabilities separate.
What is Married Filing Separately?
This specific corporate minimum tax of 15% on large corporations was introduced in the 2022 Inflation Reduction Act.
What is the Corporate Alternative Minimum Tax (CAMT)?
This specific tax benefit allows small business owners to immediately deduct the full purchase price of qualifying equipment and software.
What is the Section 179 deduction?
This refundable credit helps individuals and families afford health insurance purchased through the Marketplace.
What is the Premium Tax Credit?
WE DEMONSTRATE THIS VALUE WHEN WE STRENGTHEN THE COMMUNITIES AROUND US
WHAT IS WE CARE AND GIVE BACK
To claim any dependent, every taxpayer must have this unique number for that dependent.
What is a Social Security Number (SSN)?
This provision, which requires tax on unrealized gains for certain high-value assets upon transfer, is often debated in major tax reform proposals.
What is Mark-to-Market taxation
This is the adjusted gross income (AGI) percentage threshold at which medical expenses can be deducted for the Tax Year 2025.
What is 7.5% of AGI?
A taxpayer who puts solar panels on their home may be eligible for this specific residential credit.
What is the Residential Clean Energy Credit (formerly Residential Energy Efficient Property Credit)?