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If this rental was converted from your personal residence to a rental or vice versa, be sure that you have not entered any personal use days as part of the Property Profile information.  Personal use is only counted if you use the property while it is considered to be a rental property.   If that does not fix the issue with reducing your expenses, be sure that all of your entries in the Property Info or Property Profile section are accurate.  This is usually where information is captured that causes expenses to be prorated.

Reassigning the withholding is not recommended as noted in your other post. You can use the following actions to assign the dividends and/or interest to the appropriate taxpayer, meaning the estate. On the individual return and on the estate return use the correct amount of taxable income based on the date of death (earnings before and after death).   Nominee Returns.  This is how the IRS knows what you are doing. Generally, if you receive a Form 1099 for amounts that actually belong to another person or entity, you are considered a nominee recipient. You must file a Form 1099 with the IRS (the same type of Form 1099 you received).  You must also furnish a Form 1099 to each of the other owners.    File the new Form 1099 with Form 1096 (this is a transmittal for the 1099) by mailing to the Internal Revenue Service Center for your area. (Provided on the Form 1096) On each new Form 1099, list the deceased as the payer and the other owner, as the recipient. On Form 1096, list the deceased as the nominee filer, not the original payer. The nominee is responsible for filing the subsequent Forms 1099 to show the amount allocable to each owner. The forms filed with the IRS should be the red copy (use the form(s) needed) so if you don't have a color printer, go to the IRS website to fill in and print the forms here:  Form 1096 Form 1099-INT Form 1099-DIV Form 1099-B

Assuming the $12920 was paid in 2024, there is enough room and board ($12920) to cover both 1099-Qs.   Both the parents and  the student do not need to enter their 1099-Qs. Even though your 529 money actually went for tuition, at tax time you are allowed to "allocate" it to R&B.   Otherwise, the student will need to report some of his 1099-Q box 2 amount as income. But, he will not pay any tax, as the credit will, wipe it all out.    Two more questions need to be answered regarding the student's dependent status.  For the fall term, did the student enroll in August or September?  Did the student still live with the parents during his "time off".* Either way, the student can claim the tuition credit if  the parents should forego claiming him as a dependent (even if they can claim him).  What's still unanswered is whether he gets the refundable portion of the AOC ($1000).  Worse case: the parents forego the $500 dependent credit and the student only gets a $490 AOC or Lifetime Learning Credit (LLC) (in this case take the LLC and save the AOC for a later year).    *There are two types of dependents, "Qualifying Children"(QC) and Other ("Qualifying Relative" in IRS parlance even though they don't have to actually be related). There is no income limit for a QC but there is an age limit, student status, a relationship test and residence test. A child of a taxpayer can still be a “Qualifying Child” (QC) dependent, regardless of his/her income, if: He is under age 19, or under 24 if a full time student for at least 5 months of the year, or is totally & permanently disabled He did not provide more than 1/2 his own support. Scholarships are excluded from the support calculation He lived with the parent (including temporary absences such as away at school) for more than half the year  

You should not amend too soon.    Amending while the IRS is still processing your return can lead to confusion and long delays.   Wait for the IRS to process your return and then amend.  What was the huge mistake?  Sometimes the IRS catches mistakes and corrects them.

Yes, if you are married and chose to file as single instead of married filing separately, you will need to Amend Your Return.       File an amended return if there's a change in your filing status, income, deductions, credits, or tax liability.

No. As a part-year resident of North Carolina, if your total gross income for 2024 does not exceed the amount shown in the Filing Requirements Chart for your filing status, you don't need file a 2024 North Carolina individual income tax return.   

To clarify, you didn't take your RMD in 2024 but took it in 2025 since you just turned 73 in 2024?   If yes, then you do not report a 1099-R on your 2024 return. You will report it next year on your 2025 return when you get the 2025 Form 1099-R. Please make sure you also take the RMD for 2025 by December 31.   You will need indicate in TurboTax that you didn't fail to take the RMD:   Click on "Search" on the top right and type “1099-R” Click on “Jump to 1099-R”  Continue until you get the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen select "None of these plans failed to withdraw the RMD".

The withholding should remain assigned to the return whose identifying number is listed. It's difficult for the IRS to adjust or change the withholding on a tax return and is not a good method. If there is excess it will be refunded on the return of the deceased (Form 1040). Filing Form 1310 will allow you to receive the refund in your name or the name of the estate depending on your information provided.   We are sorry for your loss.

Is the IRS form 1099-K reporting proceeds into your personal income tax return, a business tax return or a not-for-profit organization?  Please clarify.   If the proceeds are reported on your personal income tax return, are you running it through self-employment income on a Schedule C Profit and Loss From Business?

The monthly fees are a deduction on the estate because it is a cost of obtaining interest income. List this as 'Other deductions'. However, they should not be used as an adjustment to the interest income. The IRS will look for the full amount of the interest on the tax return.

Thanks for the help! For anyone else struggling with this issue, the key point was to select that we only received this money in 2024. Because her maternity leave straddled 2023-2024, we did actually receive it in both 2023 and 2024, but selecting that option made TurboTax treat it like a business instead of a benefit. When we took 2023 out, we were allowed to go onto the question about whether there was an intent to earn money.

You may answer No to receiving an IRS form 1099-K.   As @RobertB4444 states, the IRS is looking for the IRS form 1099-K proceeds to be reported somewhere on your tax return.  If the IRS form 1099-K reports $5,000 in income and your Schedule C reports $50,000 in income, the IRS presumes that the IRS form 1099-K proceeds have been reported.   Retain copies of all your paperwork should a tax authority have a question at a later time.   @mootzie55   

You are posting your question from online Deluxe, which is one of the paid do-it-yourself versions.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/change-service-level/downgrade-lower-priced-version-turbotax-online/L2IDaMvkt_US_en_US?uid=m5ydiw67      If you started in the Free Edition and entered any data that required any extra forms or schedules, you have to upgrade to a paid version and if you are watching the screens carefully you are alerted to the upgrade.       TurboTax Online: Important Details about Filing Simple Form 1040 Returns If you have a simple Form 1040 return only (no forms or schedules except as needed to claim the Earned Income Tax Credit, Child Tax Credit or student loan interest), you can file for free yourself with TurboTax Free Edition, or you can file with TurboTax Live Assisted Basic at the listed price. Roughly 37% of taxpayers are eligible. Examples of situations included in a simple Form 1040 return (assuming no added tax complexity): W-2 income Interest, dividends or original issue discounts (1099-INT/1099-DIV/1099-OID) that don’t require filing a Schedule B IRS standard deduction Earned Income Tax Credit (EITC) Child Tax Credit (CTC) Student loan interest deduction Taxable qualified retirement plan distributions   Examples of situations not included in a simple Form 1040 return: Itemized deductions claimed on Schedule A, like charitable contributions, medical expenses, mortgage interest and state and local tax deductions Unemployment income reported on a 1099-G Business or 1099-NEC income (often reported by those who are self-employed, gig workers or freelancers) Stock sales (including crypto investments) Income from rental property or property sales Credits, deductions and income reported on other forms or schedules  1095A for marketplace health insurance     How can I see my TurboTax  fees?  https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US?uid=m682vq7k   If your TurboTax fees are higher than expected, you can reduce them by removing add-ons     (BEFORE you e-file) :   Remove Premium Services Remove MAX Defend & Restore Remove a state Remove PLUS Help & Support Remove Pay With Your Refund     Or—-Use this IRS site for other ways to file for free.  There are 8  free software versions available from the IRS Free File site   https://apps.irs.gov/app/freeFile/   Or—if you live in certain states you may be eligible to use the new IRS Direct File     In Filing Season 2025, Direct File will be available in Alaska, Arizona, California, Connecticut, Florida, Idaho, Kansas, Maine, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Oregon, Pennsylvania, South Dakota, Tennessee, Texas, Washington, Wisconsin, and Wyoming.    https://directfile.irs.gov/   https://home.treasury.gov/news/press-releases/jy2629