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Ordinary and necessary business expenses to offset self-employment income may be deducted against self-employment income on IRS Schedule C Profit and Loss From Business.   In TurboTax Premier Online, report self-employment income and expenses by following these directions:   Down the left side of the screen, click Federal. Down the left side of the screen, click Wages & Income. Click on the drop down arrow to the right of Self-employment. Click to the right of Self-employment income and expenses. At the screen Tell us the type of self-employment work you do, enter the answer and click Continue. Establish the self-employment activity and report the income and expense. See this TurboTax Help.   @Congo621 

to avoid a penalty, you need to have paid the smaller of 100% of your 2023 tax liability (110% if AGI > 150k), or 90% of your 2024 tax liability, whichever is smaller (this is the 'safe harbor' amount) on a timely basis either thru withholding or estimated taxes.   if you have a penalty check under Other Tax Situations / Underpayment Penalty to confirm the 2023 information in the calculation and figure out what your 'safe harbor' is and you can determine if you underpaid.  This calc happens on Form 2210, if you are on TT Online it may be in the PDF with "all forms and worksheets".   you should look at this for 2025 planning also if you expect similar income for 2025 then you either need to increase withholding to avoid penalty or start paying estimated taxes.  TT will default ES vouchers assuming the "100% of 2024" option and assumes your 2025 withholding will be the same as 2024, unless you provide estimates for 2025 under Other Tax Situations / Form W-4 and Estimated Taxes.

Yes, it is possible. Most states offer payment plans. You can find information on how to apply for an installment plan through your state's website.   To apply for an extension for your state income tax return, you can use this link: How do I file an extension for my personal state taxes?

Did you enter a SSA1099?   There is a screen right after you enter SSA1099 that asks if you lived in certain foreign countries while receiving SS.   Make sure you did not skip that page or answer incorrectly, or your SS will not be calculated correctly.

You can enter 1099NEC or cash Self Employment Income into Online Deluxe  but if you have any expenses you will have to upgrade to the Premium version.   Where to enter expenses in the Online Premium version https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-self-employment-business-expenses-like-home/L1k6HJY4A_US_en_US

"I  am getting a screen that states you dont owe taxes on this money"   It's saying that you don't own additional taxes.  Code 2 in box 7 of the Form 1099-R means that the distribution is not subject to an early-distribution penalty (an additional tax).   It's entirely possible that you are not having sufficient taxes withheld from your pension payments to cover the additional tax liability resulting from this income.

You can chose to delete the state return in desktop.  Follow these steps to delete a state return in TurboTax Desktop for Windows: With your return open in TurboTax, from the File menu, choose Remove State Return. Select the return you want to delete and then select Remove. Choose Yes to confirm.

1) Yes, add this amount to "Cost of Purchases" for the inventory calculation.   2) No, this is not a "gift" that must be reported. You are essentially providing the goods to your business for eventual sale.