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You report that sale in the same section where you would report the sale of General Motors, or any other stock.  While working in your return:   In the income section, Select Investments and Savings.... On the page "Did you have investment income in 2024?"  Answer Yes On the page "Let's Import your tax info" click on "Enter a different way" Select "Stocks, Bonds, Mutual Funds" on the OK let's start with one investment type When asked "Which bank or brokerage is on our 1099-B?" Give a description of the investment for the bank or brokerage, leave the other fields blank. Click Continue Answer the next three questions Answer Yes to "Did you buy every investment listed...." Select "One by One" Continue past the "1099-B" On the page "Now, enter one sale..." for Sales section, select either "Short-term did not receive 1099-B form" or "Long-term did not receive 1099-B form" For type of investment select Stock & give a brief description Enter the date acquired and the date sold

You can take the Student Loan Deduction if you are  legally obligated to make the payments on the student loans. You don't have to have a dependent on your return to be legible to claim the student loan interest.    To qualify, the interest payments you make during the year must be on a student loan that you took out to put yourself, your dependents or spouse through school. For 2024, if you're filing as Single or Head of Household, your modified adjusted gross income, or MAGI, has to be less than $95,000, or less than $195,000 if filing Married Filing Jointly, to deduct any student loan interest.   Please review the IRS Topic # 45 Student Loan Interest Deduction and the TurboTax article What is a 1098-E: Student Loan Interest? For more information,.   Go back and review your answers on the Personal profile screen to make sure that you didn't select that you could be claimed as a dependent on someone else's tax return.  This may be the issue. Select your name under My Info Select Revisit Scroll through the screens to ensure that you have the correct answers.

Hi @BrittanyS ,   Thank you very much for your response. I am using online TurboTax to file my taxes. That radio button is already selected and the system says that it should be blank.  Could you please tell me how to resolve this issue? I am unable to file the taxes due to this error.   Thank you.    

Thank you Diane, your answer is very helpful, today I also called IRS and the agent estimated my 2025 tax so I will pay that in 4 payments to make IRS happy. Appreciate your time and help. Thank you,  Cassey   

You only have one choice for deducting your investment interest.  It is deductible as an itemized deduction, if you itemize, and the amount of the deduction is limited to the amount of net taxable investment income earned in the same year.  You can carry forward any unused investment interest expense.     I believe what you are referring to when you mention deducting on non-qualified dividends is the choice to elect to treat net long-term capital gains or qualified dividends as investment income in order to deduct more of your investment interest. But if you do, that portion of the long-term capital gain or dividend will be taxed at ordinary-income rates.

Thank you @pk , for the information  Yes, I am aware of the wording of the tax treaty,  but I do not understand the best way to file the return.  Should the retroactive taxes be included in the return for 2024?  Would I need to fill 8833 or 8843? Thank you!

Again, the screen did not appear with the total bill before I submitted.  Actually, I backed out of it twice and tried to find how much it was going to cost me.  As the person stated in the original post, it didnt show the amount.  I have never paid over $50 per year for TurboTax for about 15 years.   I never had any problems previously.   After backing out and trying to get to a payment page, I didnt worry about it too much because I had never been charged so much before.  I

If your spouse was covered under your family plan, your answer to the question What type of High Deductible Health Plan did [spouse] have on December 1, 2024? should be None. The question is referring to the HDHP that your spouse had in their name .me.   If you need to correct, return to the section, and answer the questions again. Follow the instructions below:   Sign into TurboTax and open or continue your return Type hsa in the search box Select the Jump to link in the search results Edit your answers in the HSA interview and make sure that you answer None for your spouse. Enter your HSA contributions in the Deduction & Credits section under HSA, MSA Contributions.