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TurboTax can will calculate a backdoor Roth conversion correctly, but it is a 2 step process to input the information needed for this. To complete the backdoor Roth reporting, you must complete two separate sections (income and deductions).  You will need to enter the traditional IRA contributions you made in the deductions and credits section, ensuring you marked it as non-deductible if your income would otherwise allow you to take a deduction.  You'll then also enter the 1099-R you received to report the rollover- make sure you make the selection that you rolled all of it to a Roth.   To check if the Roth conversion worked as it should, here is how you can check: go to Tax Tools on the left of your screen, choose Tools, then View Tax Summary. On the left of the screen, select Preview my 1040, and check that line 4a show the full distribution and line 4b is either $0 or a small amount if you had earnings in excess of your contribution.   To review the steps in full to create a backdoor Roth conversion, here is a reference: How do I enter a backdoor Roth IRA conversion?

That worksheet section shows that I did not choose a direct debit from a bank account, but it gives no information about having chosen a credit card payment, nor the scheduled date.  The instructions when giving my card information definitely said a date could be selected for running the payment, but like the other poster, that option never presented itself in the process of finalizing my return.

No, you should not add property taxes to your return if they were reimbursed to you due to a military exemption.   The IRS only allows you to deduct expenses that you actually paid and sustained during the tax year. If you received a reimbursement for your property taxes, those funds are no longer considered an out-of-pocket expense.   In TurboTax, you should only enter the net amount of property tax you paid; if your military exemption covered the entire bill and you were fully reimbursed for any payments made through your escrow account, you should enter $0 for your property tax deduction. If you only received a partial reimbursement, you must subtract that amount from the total taxes paid and only report the remaining balance that you personally funded.

You can enter a worthless security sale into TurboTax to adjust Form 8949.   If you have verified the stock truly became worthless during 2025, you can report the sale of the stock on the last day of the year (12/31/25) with $0 proceeds.      Enter all of this information as though you received a 1099-B for it.  Then make certain that you save all of the documentation** that proves that the stock was worthless and what you paid for it in case there are any questions later.   Where do I enter a 1099-B?    On the entry screen, check the box that says The cost basis is missing or incorrect on my form. On the following screen, mark the box that says This was a worthless security.   **You must retain: Bankruptcy filing or docket Broker notice showing removal / worthless designation Public announcement showing equity holders receive nothing If audited, this is what substantiates the loss year.      

Yes, your response is in the direction I am headed. I agree last year's tax was very high but realize it was also very advantageous: I am very proficient at using Excel spreadsheets and projected out what taxes I would pay if I lived both to 85 and 90 years old (my family has a history of living this long). If I did nothing but keep taking tax breaks within my 401k, once RMD kicks in in about 7 years, I see I would pay $1 million dollars more in Income tax than with my current strategy which will costs me $250k in taxes last year, this year and next year. It's actually a no brainer if you project out your taxes. Also, I will have no IRMAA and will keep my total retirement income $20k below the 0% LTCG threshold so I can play with 0% LTCG investments in retirement and not pay any capital gains on the investments. One final benefit is my airs will not have to worry about taxes on their inheritance. Although I am plotting how much I can spend before they get it.......  

Do you have a high income?   Starting at $500,000 ($250,000 if married filing separately) of modified AGI the SALT deduction phases down and is fully down to $10,000 at $600,000 ($300,000 if married filing separately) of MAGI.

@hockey-aiden19 If your own returns were accepted, but you answered incorrectly when asked if you can be claimed, then wait for the returns to be fully processed and amend by changing your answer in MY INFO as explained earlier.   If your parents return is rejected, they are the ones who are being inconvenienced by this and will either have to file by mail or seek IP PIN's in order to e-file.   

Is the Paid Sick Time, listed on your Lyft annual summary, part of your gross earnings including payments, tips, and cancellation fees?   Or is Paid Sick Time a payment or expense that you incurred?  Please clarify.   I am not able to see the Lyft annual summary, but I assume that Paid Sick Time is part of your gross earnings and not a payment or expense that you incurred.   If it is part of your gross earnings, the amount will be included on your payment reflected on IRS form 1099-K.    

Mine did not transfer either, but it was because I used a different computer. I loaded TurboTax 2024 to the new computer but did not help. I know the file to look for is "file extension .tax2024" and added it to computer with no help. Anyway it was no big deal to add name and address ect. But if you have a Capital Loss carry over it is a bigger problem. Now you need to open up Turbo Tax 2024 and search in forms "Capital Loss Carryforward Worksheet" for 2024 to 2025. This will provide the figures you need to complete the 2025 Carryover work sheet

If you are asking if you can report Social Security income in TurboTax, yes - here are the steps to enter it:   All SSA-1099 forms get entered in the same place:   Navigate to the Social Security benefits section: TurboTax Online/Mobile: Go to the Social Security benefits screen under Wages & Income. TurboTax Desktop: Search for Social Security benefits and then select the Jump to link or, Go to Federal Taxes. Go to Wages & Income. If asked, How do you want to enter your income?, select I'll choose what I work on. Under Retirement Plans and Social Security, select Start or Update next to Social Security (SSA-1099, RRB-1099) On the screen Did you receive Social Security or Railroad Retirement benefits in 20XX? answer Yes and select Continue. On the next screen, check the box beside Social Security benefits (Form SSA-1099), then enter the amounts from your form(s) in the boxes provided. If you received multiple SSA-1099s, add up the amounts for each box and enter them together. Don't include SSA-1099s for dependents. Those should be reported on the dependent's return, but only if they are required to file a return (this is uncommon). Select Continue and follow the onscreen instructions. See this help article for more information.   If you have questions about the benefits themselves, go to the Social Security website. 

Do not expect quick results from amending. It can take four months or more for the IRS to process an amended return.     You can watch for information here: https://www.irs.gov/filing/wheres-my-amended-return

If your TurboTax Filing Instructions don't show the payment date, the federal tax is generally withdrawn on April 15, 2026, by default.  Part V of the Federal Information Worksheet in your downloaded return PDF shows the scheduled debit date.   @taxdeduct2017