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I tried deleting 7206 as instructed, and it said it did it, but it didn't.  It's still there.  It's a dilemma, do I just give up that extra $69 that I should be able to take from ACA and go with what 7206 is incorrectly calculating in order to force 7206 and Schedule 1 to agree.  Or do I leave it and let them conflict and hope the IRS doesn't wonder why.  Or do I include the $69 on form 7206 and then reduce my medical expenses by the $69 so all the numbers on all forms are correct?    We're talking about a tiny amount of change in tax obligation.  It's the principal of the matter!  The forms, if they are present, sure should be correct!   How can 7206 line 14 be different than Schedule 1 line 17?  Doesn't make sense.     

Follow these steps: You will enter it in the investment income section. You will choose to skip import or "type it in myself". Select stock.  Enter bank/brokerage - put whatever will remind you of what this is continue along answering questions Enter the purchase price and date along with the sales price and date.

A 1099-INT does not require a CUSP   You can add a 1099 in TurboTax Online by following these steps.   Under Federal Select Wages & Income Scroll to Investments and Savings (1099-B, 1099-INT, 1099-DIV, 1099-K, Crypto) Click Add/Edit You will see previously entered 1099s Click [+ Add investments] There will be options to Download Select Enter a different way Click on the type of 1099 you have and click Continue On the next screen select Type it Myself You can now enter your information.

Yes, our advisor suggested we can use the excess deferral to create a Roth IRA account for my spouse. This was made in 2025. Is there anything I need to do this year or can I wait for 1099-R that will be generated next year?     

That is correct.  You can enter it as interest income whether on a 1099-int or not.   You will need to enter the payer's name and total interest collected.   You may get a message to enter a TIN for the person, but it is generally not required and that message will not prevent e-file.   There is an entry line for interest from Seller-Financed Loans also, which asks for the same information.   See below.   

When I go the do the offset entry under Less Common Income, Misc Income 1099-a, 1099-c, Other reportable Income, it goes to other taxable income where I need to enter a description and amount.  My question is, it states on the page Do Not Enter Income reported on Form 1099-MISC.  Since I am entering a negative amount to offset the previous 1099-misc, is this okay? Thanks

The 97.6% of income from that employer that is attributed to ME comes from 200 of the 205 working days for that employer. Only 5 working days in NH according to your inputs.  The other days are non-working days.  200/205 = .9756

@debone027 wrote: My license number is not being accepted for activation.  You will have to contact TurboTax support for assistance with this problem.  See this TurboTax support FAQ for contacting support - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/turbotax-phone-number/L0Od33nMQ_US_en_US?uid=lfgviwbm

See this TurboTax Help article for more information about which steps to take depending on why you receive a 1099-K and whether you are in business to make a profit, or selling personal items at a loss, etc.    Form 1099-K tracks income you made from selling goods or providing services via payment apps and online marketplaces. Examples include PayPal, Venmo, Square, Etsy, Uber, and Ebay. You should receive a 1099-K if you made more than $5,000 on one of these platforms. Even if you don't receive a 1099-K, or you make less than $5,000, you still need to report all taxable income to the IRS.    If you generally have a net profit from sales, or can establish that you meet IRS guidelines for operating a business, report the income and related expenses on Schedule C.   If you have occasional sales of personal items at a loss, you can choose not to report them on your return at all. If you sell the items through an online platform or other entity that issues you a Form 1099-K, keep good records in case of an audit.   If you regularly sell items as a hobby, report the Form 1099-K. You can't deduct the expenses under current law, except on some state returns, such as California, whose laws didn't change on this issue when the Federal law did.   See also this TurboTax tips article and this IRS webpage for more information.   Form 1099-B is for entering broker transactions such as stocks or bartering. See this help article for more information.   @parksfamily2430 

Please clarify your question.   Do you have State taxes to be filled Do you have a free state with TurboTax Desktop? Did you make state estimated payments? Please contact us again to provide some additional details.