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No response yet.  Really? There is a problem and I have not received anything close to workable solution. On the surface this would appear to be a glitch in the software.  I am just trying to import dividend and interest data and IRA RMds, so nothing complicated. I guess I will have to manually input the data.  At this point I have no confidence that there are other issues that will occur.  Good bye Turbotax.

Ideally, the preparer of the K-1 and attachments has provided a breakdown for what may be reported on each of the K-1 entries.  This would insure the proper cost basis for the assets and proper qualified business income deduction.  See sample.   Original K-1                                                                         1                                                             2   Box 1     $1,000                                  =                              $1,000 Box 2     $500                                     =                                                                                             $500 Box 4     $100                                     =                              $75                                                          $25 Box 5a   $200                                     =                              $150                                                        $50 Box 5b   $100                                     =                              $75                                                          $25 W-2 wages $50,000                           =                             $25,000                                                25,000 UBIA $100,000                                   =                             $50,000                                                $50,000   @ezreub  [Edited 04/10/25 | 7:17 pm PST]

The problem would be that when you finally did get a 1099 INT, the interest shown would not be the interest you would have to include as income if you had already paid tax on a portion of the interest in a previous year.   Interesting!

You need to amend your return to change your filing status.    You can choose: Single if you're unmarried, divorced or legally separated.  Married filing separately if you're married and don't want to file jointly or find that filing separately lowers your tax. Filing status

If the e-file was accepted, you will need to wait for your return to be fully processed and then amend to correct your filing status.   And when you file married filing separately, there are some rules to follow.   Both spouses must file the same way---either you both use standard deduction or you both itemized.  It cannot be one of each.  Each of you is required to enter some information on your own return about your spouse.   If you are in a community property state, it becomes more complicated.       Wait until your original return has been fully processed before you amend, and make sure you have saved a pdf of the original return before you amend. (If you do not save it as a pdf, the amended return will overwrite the original, and the original will be lost forever)     See this TurboTax support FAQ for amending a tax return -   CURRENT YEAR https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-federal-tax-return-current-year/L7eS6o1qh_US_en_US?uid=lfunevhk       Do not expect quick results from amending. It can take four months or more for the IRS to process an amended return.     You can watch for information here: https://www.irs.gov/Filing/Individuals/Amended-Returns-(Form-1040-X)/Wheres-My-Amended-Return-1  

The Form 1098 reports the outstanding mortgage principal as of January 1 of the current tax year in box 2 according to the IRS instructions for Form 1098.  After you have entered all of your Form 1098s, if it appears that your mortgage interest should be limited, there will be a follow-up question asking for the ending balance of the mortgage so that the average mortgage balance can be calculated.  This is not the same value that is included on your Form 1098.  You will need to find it on your mortgage statement for the end of the 2024 year or the very beginning of 2025.   This calculation to limit your mortgage interest is done on the Deductible Home Mortgage Interest Worksheet, which you can print as part of your return or see in Forms if you are using a desktop version of TurboTax.  You can see on this worksheet that the average balance is used for the calculation.  

You will have to identify the type of document. 1099-Div W-2 1099-R Other Under Wages and Income Select that category Follow the interview A list of everything in that category will be listed In some cases you may have to open the post In either case, use the Trash Can to delete the posting

From your last reply, Are you saying that I edit the 1099-K  so that it shows zero, which would be the equivalent adding in my offsetting expenses. I may be misunderstanding at changing the 1099-K is something I am not familiar with.

One more question.  I had already moved the 401k from my former employer to an IRA Edward Jones.  I did it in Tax Year 2025.  The distribution came from Edward Jones IRA.  Does that change anything?  I understand the earnings will be covered in Tax Year 2025.  Do I still follow the steps you provided?  Sorry with so many questions as I don't speak financial terms 🙂

If he was an employee when he earned the commission, then this should be reported on a W-2.   Yes, if they will not change it quickly then you should file the way I suggested in my initial response. You can file an extension, however, that is assuming they will change it.  They may not be willing to, and if not, it is easier to let the IRS handle it.