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I found the same situation, and the problem with the working sheet line5, it should add line 1 and line4, not line 3 and line4. The description is the gross income from Schedule C, it should be line1, not the percent income on line 3. I talked with the Agent, they won't do anything to correct the mistake. 

I found the same situation, and the problem with the working sheet line5, it should add line 1 and line4, not line 3 and line4. The description is the gross income from Schedule C, it should be line1, not the percent income on line 3. I talked with the Agent, they won't do anything to correct the mistake.   

The ACA/1095-A questions are now found in the deductions and credits section under medical.  You can get there by typing 1095 in the search box and then click jump to or you can click  Federal Deductions and Credits See All Tax Breaks Show More next to medical Start next to the Affordable Care Act (Form 1095-A)  Walk through the steps to enter your 1095-A information

I found the same situation, and the problem with the working sheet line5, it should add line 1 and line4, not line 3 and line4. The description is the gross income from Schedule C, it should be line1, not the percent income on line 3. I talked with the Agent, they won't do anything to correct the mistake.   

With NRCS High Tunnel Incentive I'm going to assume you have a farm and are filing out a Schedule F.  I will give you the process first. The directions come from a site devoted to handling tax issues specifically for farmers and I am pasting their info following my directions: There is a glitch with Turbo Tax, because you are entering the taxable grant within your form F, DO NOT allow TTAX to generate a 1099-G Form, delete it if you've done this. As uncomfortable as it may feel, select no to receiving this form in step-by-step if you are filing Schedule F for farming.  - Get out of step-by-step and go to Forms, choose "Schedule F" - Scroll down to Part I Farm Income, then scroll down to 4a Agricultural Program Payments - Move your cursor to the right and click on the line after 4b (Taxable Amount) - You should get the "supporting details box" (you may need to click around a bit for it to finally show up) - Type in: 1099-G HIGH TUNNEL INCENTIVE NRCS EQIP GRANT and enter the amount of your grant then  close the box - Scroll down to Part II Farm Expenses, continue until you reach line 12, Conservation Expenses - You should get the "supporting details box" on the line to the right, within this box you need to expense out your grant: Cost of the high tunnel kit, labor cost, materials cost including additional hardware, lumber, seed/straw, etc In this way, the cost of your high tunnel should be directly associated with the grant.  _________________________________________________________________________ www.farmraise.com/blog/how-to-maximize-your-tax-refund-if-you-got-an-eqip-grant   Are EQIP Funds Taxable? Yes. Funds received through a conservation contract with the USDA, such as EQIP, are taxable income, which means that they will be included your total income for the year. Any EQIP payments would be considered “government program payments” in your income line items. If you received an EQIP grant for your farm, ranch or forestland, the Natural Resources Conservation Service (NRCS) will send you a Form 1099-G which you should use to complete your tax return. Take note! EQIP funds have two components: the funds you receive through the program, which are considered taxable farm income, and the funds you spend on the conservation expenses. Your incoming funds from the USDA will show up as income, and your outgoing expenses can be categorized as “conservation” expenses and deducted from your taxes (up to 25 percent of your total income). How To Save Your Farm Business From Hefty Taxes It might not sound so appealing that money granted to you by the government is taxable. The good news? There’s a fix that your tax preparer can employ. Section I.R.C. 126 of the IRS tax code allows farmers to write large EQIP grants into this section to protect them from being categorized as taxable income and expenses. To ensure that you’re maximizing your tax return, you should check with their tax preparer to make sure they’re up to date on I.R.C. 126 along with the farm’s tax records. This can save you thousands of dollars in taxes, untold time and stress navigating the tax implications of your hard-earned EQIP project. Lines 4a and 4b: Reporting Government Farm Payments On line 4a, record the total government farm payments you received, which cover various sources: Payments from programs like price loss coverage and agriculture risk coverage. Funds received through the Market Facilitation Program. Gains obtained from repaying a Commodity Credit Corporation (CCC) loan for less than the original loan amount. Diversion payments. Money received for cost-sharing, such as sight drafts. Payments provided in the form of materials, like fertilizer or lime, or services, such as grading or building dams. You typically receive information about these payments from Form 1099-G or Form CCC-1099-G issued by the Department of Agriculture. (continues with add'l CCC Loan Funds info and expensing out directions)

Only TurboTax Business supports form 6765.  You can download TurboTax Business here.     If you are not using TurboTax Business you can download form 6765 from the IRS and fill it out and attach it to your return.  You would then enter the credit as a general business credit and mail in the return.     Form 6765 should not be mailed separately.   @mjsheehy95 

Business Income and expenses.  You can do this Premium or TurboTax Home and Business. Do not enter the income under general income.  Since you did the work for individuals you would not have a 1099-NEC.  If you ever to get a 1099-NEC, you do not need to enter it, just keep it for your records.    To enter your self-employment income select the following: Federal Income and Expenses Show More next to Self-Employment Start next to Self-Employment Yes, to you have any self-employment income or expenses Enter the type of self-employment work you do and you can select that you use your name for your business Click through a few more screens and you will get to a screen that says "Your XX info" Click Looks good Then you will come to a screen that says Let's enter the income for your business.  It will give you the option of 1099-NEC or Other self-employed income including the 1099K , cash and checks.  Here is where you will enter the money you receive. If you do not select one, it will not let you enter your income Enter your self-employment income on the next screen Continue and on the next screen click add expenses * Please note navigation may differ slightly depending on which version of TurboTax you are using* This income will be reported on Schedule C which is part of your overall tax return. This also means you will be subject to SE Tax.  If you did not pay SE Taxes in 2024, and if you plan to do this again in 2025, it may be a good idea to make  quarterly estimated payments to cover your SE taxes of 15.3% and avoid penalties.   Taking Business Expense Deductions

@BrittanyS I could use some help with this.  I came across this discussion while researching other tax-related topics, and I can see that we have been affected by this.  We rolled some funds from our two sons' 529 plans into their Roth IRAs, and entered all of the information from the 1099-Q forms into TurboTax.  As a result TurboTax created a significant tax liability for us.  To complicate matters, funds from one son's 529 were also rolled from the Ohio 529 plan to the Vermont 529 plan, which should also be an untaxed event.   We have already filed our federal and state taxes and received our refund.   Exactly how should we approach amending our return to recoup the additional refund amount?  We would appreciate any details.  Please advise. Thank you!