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To get back to your RMD entries, please follow these steps in TurboTax Online:   Sign in to TurboTax and choose continue or Pick up where you left off On the left side bar, choose Federal and then Wages & Income Scroll through the Income section and select Add/Edit next to IRA, 401(k), Pension Plan Withdrawals (1099-R) Click the edit pencil next to the 1099-R you need to change Repeat for each 1099-R as needed

Well, as they say, when it happens once--**bleep** happens.  When happens twice, a coincidence; a third time and it's enemy action.  So, we have three users posting in this thread who used the interview approach and tried to get the software to properly calculate an under payment penalty using the annualized income approach and the software fails to calculate the penalty properly.  In my case, I used the interview approach and when it appeared to be incorrectly calculating the penalty (the indicated penalty did not change from the non-annualized approach), I checked the actual forms and found that none of the data that I had entered in the interview process had been carried to the forms.   TurboTax--are you listening??!!!  There is a bug in your program.

" I accidentally selected recharacterize instead of convert "   Clarify. Did you give the custodian the wrong instruction, or did you tell TurboTax incorrectly about your action ?   "I contributed $7501 to a traditional IRA " For what year?   @loohoo100 

Thanks for your reply, but I don't think you read my post.   I'm saying that my college DOES take out social security wages. On my W-2 you can clearly see where social security wages are withheld in box 4.    So the question is, since SS is withheld, can my contribution to TRS be a deduction on my federal taxes?

Yes, you need to enter the 1099-R on your taxes.   To enter your 1099-R, please follow these steps in TurboTax Online:    Sign in to TurboTax and choose continue or Pick up where you left off On the left side bar, choose Federal and then Wages & Income Scroll through the Income section and click the dropdown menu next to Retirement Plans and Social Security Select Start/Revisit next to IRA, 401(k), Pension Plan Withdrawals (1099-R) Answer YES on the screen Did you get a 1099-R in 2024? On the Let's import your tax info screen, Choose the box Change how I enter my form On the How would you like to upload your 1099-R? screen, choose the Type it in myself box Choose the 1099-R box associated with your form. (Most will be the 1st box) and click Continue From here you can enter the information from your Form 1099-R Walk through all of the follow-up questions until complete

In order to report the sale of your house (not rental property), navigate to Federal > Wages & Income > Less Common Income > Sale of Home (gain or loss) > Start or Revisit.  Continue through the interview to enter proceeds from the 1099-S and details about the home.    Note: If you meet the primary residence exclusion (lived in the home for at least 2 years out of the last 5 and gain of less than $250,000 for a single or $500,000 for a couple filing jointly) and you did not receive a 1099-S, you don't need to report this.   Here is some more information you may find helpful: Tax Aspects of Home Ownership: Selling a Home  

Can you get to form IT-196?  You have to click in the upper right where it says "Forms" next to "Notifications". As long as you're itemizing for NYS, I think TurboTax has to have an IT196 in there for you.    On line 44 of IT-196, if  you click on the value for "Addition Adjustments" on Page 3 of the form (or on the blank line if there's no value there), a magnifying glass icon will appear that you can click on to go through to "Itemized Deduction Schedule Addition Adjustments", which appears in the TurboTax forms list as "Oth Add Adj" on my return.  You want item 4 on this worksheet.   I really don't think I can be much clearer in the description without screenshots of my return, which I'm not going to post.     Good luck.   Edit:  This is based on the desktop version.  I don't use and can't comment on specifics of the online version.