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Hi. I have several CDs in a foreign institution in Spain. They all started in January 2024 and they all spanned into 2025 (January 2025 and July 2025). Most of the CDs had a maturity of 12 months, but a couple of them have a maturity of 18 months. They all only pay the interests at their maturity. I have checked with the bank and said I will not receive the equivalent of a 1099-INT until next year because in the eyes of the Spanish legislation that income belongs to the 2025 fiscal year. I have been asking some people and they are all giving me different answers. I have read some parts of publication 550 and I am still confused. When do I need to report that money here in the US? Is it the same rule here in the US and report all income in 2026? Is there a difference if the CD is 12 months or 18 months? Thank you in advance for your help.

when a mutual fund passes through this information to you, you can enter RIC for which you are reporting.  off the top of my head, I cannot recall what RIC stands for except that you no longer have to list individual nations as we had to do for many years [a real time and labor saving change].     if income is coming from other sources than pass through organisations such as mutual funds I believe you will still have to list individual nation information that should be provided to you, but likely there won't be as many nations involved.  I also recall the days when I used to manually prepare income taxes and when foreign tax credits exceeded $300 it became a real headache and consumed substantial amounts of time.  Of course, one could always opt for the deduction instead of the credit and save time, but wind up paying higher taxes that way.

To delete the provider, go back to your return:   Select Deductions & Credits Select Revisit next to Dependent Care Credit Continue until you get to the list of your providers You can select the trash can, next to the provider you want to delete See the images below for your reference:    

To add spouse income in TurboTax   First, add your spouse here:  Log in to TurboTax Go to the Personal profile screen, and under Your info select your name, then select Edit/Review Add your spouse  The you can add your spouse's income here:   Click on Federal Taxes,   Click income Income,  Job (W-2),  Add/Edit On the next page select Add a W-2 Choose your spouse's name Then, fill out the information from their W-2 Original Post

I am starting a fresh return from scratch, going through every step. I will monitor exactly how our refund changes when capital gains are entered, saving before and after screenshots to demonstrate the problem to Intuit.  

If your Mac does not meet the system requirements and cannot be upgraded, then seek a refund for the download and try using online TurboTax instead.   https://ttlc.intuit.com/community/system-requirements/help/minimum-system-requirements-for-turbotax-mac-software/00/25609     To request a refund for a TT product https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-refunds/request-refund-turbotax-product/L834M6uyW_US_en_US?uid=m6meybc2   ONLINE 2024 https://turbotax.intuit.com/personal-taxes/online/      

In my password manager I have two different PIN numbers.....one is something i created the other is something that I would never of created..  i switched out computer after same one for 10 years..  and am concerned which is correct.   Hopefully I get the message with the one I did not create as it was prefilled this year.   thanks for your response. 

 Non-injury settlements are considered other taxable income. You should receive a Form 1099 if your settlement is taxable. You will be taxed on the income based on the tax bracket that you fall in and the federal income tax rates.  Please see the TurboTax article Are legal settlements taxable? for more information.   Refer to the TurboTax Help article Where do I enter an award from a taxable legal settlement?