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Thank you. That makes sense. However, the flexible spending account, from payroll deduction, was spread over the course of a year. So from July 1-December 31 2023; Jan 1-June 30, 2024. However, all dependent care funds were paid out of pocket, lump sump, in 2023. No spending was done in 2024. Any thoughts? Put $1.00?

Yes.  If you claim him as a dependent, you will need to enter his 1095-A on your return.  When you do this, it is possible that you will need to repay some or all of the premium tax credit he received depending on your income. If he has no income, he does not qualify for the premium tax credit as he is under 100% of the poverty level.  

Not sure why the form is generated.   IRS form 5329 reports additional taxes on many retirement and pension related incomes.     This form may be used in these three situations:   early distributions from a tax-favored account excess contributions to a tax-favored account failing to take required minimum distributions In some cases, a form is deleted and then the software re-generates the form.  Should that occur, that means that there is an entry in the software that needs to be addressed.

Thanks for your fast response, SusanY1!   Yes, I did make the adjustment to cost basis by checking "basis is incorrect or missing" and then put in the correctly calculated basis as average of four high low prices on both Friday before death Saturday and Monday after Saturday of death.   If I leave the acquisition date in TurboTax and on my return as the one shown on 1099B as the Friday before the death on Saturday, of course it will match up with the Broker 1099B and with the IRS database since as a covered security it is being reported to IRS, so it won't be flagged as not matching.  I do understand that one day won't make any difference in this case as to long term or short term, I just thought that there was a rule that "inherited" was required if indeed it was an inherited stock.  Am I wrong about that? 

I had the same issue using 2024 Home and Business Desktop. Just received a letter RE: error on the Tax on Social Security Benefits area of the return. Return was accepted March 4, 2025. Received a letter today. How can I fix this in Turco Tax so next year's figures are correct, and why did it not calculate properly? 

I filed my Indiana state tax return and they said they were unable to verify this and only sent me a portion of my expected refund.  In the DOR Bulletin #28, I do not see anything specifically addressing where the employer needs to be based.  It only states that you have to work in IN for less than 30 days.  You can ask the DOR for the code that states that you must be employed by an employer based in IN.  If they provide that to you, then you have your answer.   If they cannot, then you can appeal the decision as long as you do it within 60 days.  If you do appeal, then be prepared to PROVE that you worked less than 30 days in IN.  A letter from the employer could help. 

This experience has been investigated. Here are the steps to report the IDC adjustment on your California return.   Go to Income that California handles differently >> Partnership K-1. Edit the K-1 that has IDC. Enter a zero on Lines 13d and 17f. Continue back to the California return summary page.   [edited 4/15/25 | 12:54 pm PDT]

To find your property ID number, also known as a parcel number or tax ID, check your property tax bill, deed, or visit your local county assessor's office or website.    Some places you can find your property ID number are:   Check Your Property Tax Bill or Assessment Notice: This is often the easiest place to find the property ID number.    Review Your Property Deed: The deed may also contain the property ID number.    Visit Your Local County Assessor's Office or Website: If you can't find it on your tax bill or deed, contact your local county assessor's office or check their website.    Search Online Databases: Some counties have online databases where you can search for property information using the property address or owner's name.    Contact Your County's Tax Assessor's Office: They can assist you in locating your property tax identification number.     

You can claim the interest deduction, if you meet the three requirements: You paid the interest You are legally obligated to pay it (co-signing counts) The student was your dependent, at the time the loan was used to pay for qualified educational expenses (the TT pop up says “when you took out the loan”)