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When you enter your 1099-R, you're asked about your RMD.  If you enter your required amount, and then indicate that 'none of this distribution was RMD' are you receiving a message that you may be subject to penalty?  You have until April of the year you turned 73 to take your RMD.   Generally, you enter your explanation of why you were late in the interview section and it transfers to Form 5329.  You may not owe a penalty; the IRS usually waives the penalty anyway.  It's the responsibility of the plan administrator to insure you get your RMD, so it may not be the fault of the taxpayer when this happens.     If you can explain what you mean by 'loops between the error' we'll try to help.  What error are you referring to?   Here's more info on Missed RMD.   @Bowtone   

No, Form 8332 is only filed by the noncustodial parent with their tax return (or mailed with Form 8453 after e-filing their tax return).    The custodial parent is the only one that has to complete and sign Form 8332. This releases the claim exemption. The custodial parent does not attach it to their own return but should keep a copy of it with their tax return  for proof of the release.    Click here for Form 8453.   Click here for About Form 8453, U.S. Individual Income Tax Transmittal for an IRS e-file Return.   Click here for Form 8332.   Click here for About Form 8332, Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent.   Please return to Community if you have any additional information or questions and we would be happy to help.

Follow these instructions:   1. Choose the Tax Tools option on your left menu bar while working on your return 2. Choose Tools 3. Choose the Delete a form option under Other Helpful links  4. Find the Form 1099-C in the list and delete it  

Opus17, thank you for the information.  I want to respectively push back here for a minute so please hear me out.   I just looked up Box 3 codes and "1" indicates a normal distribution.  Isn't the whole point of identifying the excess back in 2022 addressing the fact that the money should have never been in the HSA in the first place which therefore would mean that it doesn't matter whether or not the funds are used for medical or not.  I did pay income tax on the excess and a 6% excise tax penalty for the overage.  I continued to pay that 6% excise tax each year the funds are in the account.     The below is directly from the IRS instructions for form 8889.  Nowhere under "Distributions From HSA" does it reference a 20% penalty relative to excess funds used for non medical.  The IRS knows the funds aren't for medical because they should have never been in the HSA in the first place, hence the excise tax penalty and also why form 1099-SA has a code specifically for excess contributions.  I think where we agree is that for 2025, there shouldn't be any excise tax since there is no longer excess (6% x zero = zero).  Where I am challenging you is why is this distribution subject to income tax again? The excess was pretax when it went through payroll back in 2022.  When i filed my 2022 taxes in 2023, I identified the excess in the HSA and that excess was subject to income tax in the return I filed in 2022.  Explain to me why I would pay income tax again on this distribution in 2025? Where is the authoritative guidance that supports your statement on the income tax? I believe I have ruled out the 20% penalty based on review on the IRS form 8889 and the definitions of the distribution codes.     Distributions From an HSA Distributions from an HSA used exclusively to pay qualified medical expenses of the account beneficiary, spouse, or dependents are excludable from gross income. (See theLine 15 instructions for information on medical expenses of dependents.) You can receive distributions from an HSA even if you are not currently eligible to have contributions made to the HSA. Any part of a distribution not used to pay qualified medical expenses is includible in gross income and is subject to an additional 20% tax unless an exception applies.

Are the business expenses not grouped under Expense Category?  Please clarify.   In TurboTax Online, remove expenses under Self-employment income by following these directions.    Down the left side of the screen, click Federal. Down the left side of the screen, click Wages & Income. Click on the drop down arrow to the right of Self-employment. Click to the right of Self-employment income and expenses. At the screen Your 2025 self-employed work summary, click the pencil icon to the right of the activity. At the screen Here's your XXXX info, under Expenses, click the trashcan to the right of each Expense Category.

Can you clarify if you are amending the federal return as well or just the state?  Also which state?  You may be able to add as an Estimated State Tax Payment, but let me know the state so I can see the return.  Thanks. @user17714334399 

FYI, I tried installing an update manually (see link here) but nothing changed - the Sch E Depreciation on Form 4562 is still not there.  I see a reply above that says it'll be ready Feb 20, so I figured it was a long-shot, but I was trying to test if the problem was (a) the update exists but there is a problem with the automatic updater; or (b) the updater is working but the Form 4562 is not yet released in the software.  Apparently the problem is (b), in case anyone was wondering.

It is for half of 2023 and all of 2024, so I have to use form 3115.  However, I tried starting from scratch, with no information whatsoever entered on a tax return, and the form already will only allow you to answer "yes" to 6a on part II.  It is currently impossible for me to accurately fill out IRS form 3115 because of this. 

I have the same issue. Please add this to the questions when you add the charitable donation of stock so that I can add details related to the ESPP donation.   I just wanted to make sure I understand. Is this the correct list of steps I should be using (steps 4-7 updated)? 1. Go to the Wages and Income section of TurboTax 2. Choose Less Common Income then Miscellaneous Income, 1099-A and 1099-C 3. Choose Other Income not already reported on a Form W-2 or Form 1099 4. Indicate that you had Other earned income 5. Select Add on the Other earned income summary page 6. Enter "Ordinary Income on ESPP Donation" in the description and the Amount and select Continue 7. Observe the added income and select Continue when complete

You would use the 1095-A your mother received that included you.  You will enter the information exactly as it appears on the form.  Then when you get to the section that asks if you shared the policy with another taxpayer say yes.  You will need to enter her name and social security number.  Then it will ask you to allocate the percentages.  You can allocate any amount between 0 and 100 as long as you both agree to the amount and the total adds up to 100%.    Many times the parents, if they paid all the premiums and the premium tax credit was based on their income, will enter 100% and the child will enter 0%.   However, you do not have to do it this way, as you can agree to any other amount you both choose.