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I did some search and understood that TurboTax supports reporting recharacterization and backdoor conversion, but I would like to double check what I did specially is also supported:   March 2025: contributed directly $7000 to Roth IRA for year *2025*.  April 10 2025: called the custodian for recharacterization into TIRA. At the time of recharacterization there was 25 dollars earnings so total of $7025 was recharacterized. I then converted $7000 on this day to make it backdoor Roth. So that leaves $25 dollars in my TIRA account.  4/16/2025. I then realized that it would have been a mess if I leave the $25 in the TIRA so I converted the remaining $25 to Roth effectively empty out my TIRA. I am assuming I will receive 3 1099R in 2026 for year 2025?   is reporting my above recharacterize and conversion supported in TurboTax? Specifically do the two conversions ($7000 first and then another $25) to Roth IRA make reporting complicated in anyway?    thank you 

I originally had my income only under the FEI (Foreign Earned Income). The IRS said I need to put a Schedule C. I put my income again in the Schedule C, but then Turbotax said I owed Federal and State taxes, but I have not lived in the USA for 365+ days. I now put $0 for my Schedule C since I made all my money as FEI (all made in a foreign account and already paid taxes in China). Am I supposed to put my actual income into the Schedule C and the Foreign Earned Income and Exclusion parts, or am I supposed to only put the income once in the FEI section?

I had to verify my identity and did so last week, I went to check my transcripts and they state that there is no refund being processed as of this time. I am totally freaking out does this mean they do not have a return for me

I received a W-2C after filing for an extension (and after April 15). The only correction is that my Connecticut (CT) state wages are now much lower than what was originally reported. The original W-2 reported Federal wages (unchanged), NY (unch), NC (unch), and CT (now corrected). I filed an extension (waiting on a K-1 in Sep.) so I haven't filed yet. I already paid CT taxes based on the orig W-2 and am owed a refund for federal, NY and NC. My questions: What do I do with the W-2C now? Do I amend CT now or just use the corrected numbers when I file later? Bonus if you know how to update CT wages without filing yet—I’ve had trouble finding the right place. Is it safe to assume I’ll get a CT refund since I overpaid? Will there be any penalties or issues?  Thanks in advance for any insights!

Hello,   I'm choosing to not renew my LLC business registration this year and closing my business. I have revenue from earlier in the year and expenses. Do I get to continue writing off expenses until my business is no longer registered, or for the remainder of the calendar year?