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Did you get a 1099R for it?  Did you take a withdrawal or get payments?   Enter a 1099R under Federal Taxes Wages & Income Then scroll way down to Retirement Plans and Social Security Then IRA, 401(k), Pension Plan Withdrawals (1099-R) – Click Start   For state boxes,  if box 16 is empty or zero then for box 16 State Distribution put the same amount that’s in box 1.  If box 14 is blank you can leave boxes 14,15 & 16 blank.

Appreciate all the help. I just need to know how to enter my New York State 2025 1099-G on 2025 TurboTax Deluxe Windows Desktop Version with Box 1=2025 and Box 2=$300. When I first enter the info under local and state refund 1099-G section on TT, upon entering 2025 as the tax year, TT will not allow me to do so. Per AmyC, I changed the year to 2023 and that got me through. If you guys still think this is not correct, please advise.

As stated in my post, I have interest from savings accounts from Banks in India that do not issue 1099-INT nor do they have FEINs. Pl see screen shots below. TT accepts 11-1111111 for FEIN in the step-by-step process but flags it in the Forms view and Federal Review step.    

There are 3 energy credits with different rules.  Generally speaking: 1. clean energy for a home (solar, geothermal, wind, etc) 2. energy efficient improvements (windows, doors, insulation) 3. energy efficient property (heat pump, a/c, hot water heater, etc).   Category 1 and 3 can be claimed for "a dwelling" that is used by the taxpayer as "a residence" (you live there some of the time).  Category 2 can only be claimed for a dwelling that is your primary residence (you live there most of the time).   If you have items #1 or #3 on this conversion, I would have to look more into whether you can claim the costs for a building you are converting into a dwelling but is not a dwelling yet. (Are you basically making an accessory dwelling (mother-in-law cottage) on your main property?)   But if you have items in category #2, they would not be eligible in any case.   And the credit ended on Sept 30, 2025, so any improvements would have to be installed before that date to be eligible.  

Filed vs not filed: Not filed: Depending on what you are trying to do: To enter the information on sch A - go to deductions and credits To view your sch A - view your forms Already filed: view your tax forms. If you don't see sch A, check to see if you used itemized or standard deduction. You may have used standard and there is no Sch A.

@MelindaS1  I agree with the calculations you listed above but Turbotax needs to show the underline math for the ratable share calculation working (as you have shown) for Form 1116 Line 3a  When one left clicks Form 1116 Line 3a it jumps to a frivolous location of "Foreign Tax Computation Worksheet" Line 3a(5)b instead of showing the calculation you have listed. The user of Turbotax needs to know the underline math of the "automatically" calculated on Form 1116 Line 3a  Thank you

I assume that you mean forex gain/loss from forex trades.   Retail Forex traders fall under Section 988, which covers short-term foreign exchange contracts like spot Forex trades. Section 988 taxes Forex gains and losses like ordinary income.   You do not report your Forex loss on form 8949 which is for Capital gains and losses.   Forex gains and losses are reported on your tax return as Other Income. A loss is reported as a negative number.   To report your Forex loss, please follow these steps: Click on Federal, then on Wages and Income Navigate to the list of income categories Locate the Less Common Income section and click on it Click Start next to Miscellaneous Income at the bottom On the next page, click Start next to Other Reportable Income. Describe your loss as Section 988 Forex loss and enter a negative number for your loss.

If you tried a traditional IRA contribution and that did not reduce your adjusted gross income, there is likely nothing else you could do since the tax year is over. I can't think of another tax deduction you could make after year-end.