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the 1065 is only to report the business income/loss that must be reported on your personal 1040s. this is done by each of you preparing your own 1040 including the k-1 that the partnership issued (or should have issued) and other taxable income and deductions. It is with the 1040 that you pay any income taxes owed.

Thank you, After being on hold while the rep tried to figure it out, getting disconnected not getting it filed on time and calling back and waiting I found your fix and it worked like a charm! Again, thanks.

"Return of excess contributions" means that you withdrew the excess contributions before the original due date of the return. Thus, if you had an excess in tax year 2022, you by law had to withdraw the excess by April 15, 2023 to avoid penalties. That is, the IRS gives you only a set period of time to rectify your mistake without additional penalty.   If you did not withdraw your 2022 excess by April 15, 2023, then the excess was carried over to tax year 2023, to be placed in line 2 of form 8889 as a "personal contribution". However, since many taxpayers don't realize this, they contribute the full amount in 2023, and therefore create a new excess for 2023.   Unfortunately, the IRS uses the same term "excess" for the short-term excess that you can withdraw without penalty and the long-term excess that has to be dealt with much differently.   So once you passed April 15, 2023 (in some cases, October 15, 2023) without withdrawing the short-term excess, it became  a long-term excess and carried over the the next year. You cannot withdraw a long-term excess the same way you can with a short-term excess.   Yes, you told the HSA custodian that you wanted to withdraw excess contributions, and they processed it with a 1099-SA with a distribution code of "2", but this was wrong. To be fair, the HSA custodian has no way of knowing that you were making an invalid request, and for all they knew, it was appropriate for you.   To handle a long-term excess, you can do one of two things: 1. When the long-term excess has carried over to a new year, reduce your regular HSA contributions so that the carryover (which has been placed in line 2 of form 8889 as a personal contribution, so that the carryover can be accommodated under the annual HSA contribution limit. Once this happens, then the long-term excess is "used up" and finally dealt with.   2. Make a distribution for the amount of the excess (but do not tell the HSA custodian that this is the withdrawal of excess contributions), and when the 1099-SA arrives, enter it and say that none of it was for qualified medical expenses. This will have three effects: A. the amount of the excess will be added to Other Income B. A 20% penalty will be added to Other Income C. Your long-term excess carryover will disappear   #1 above is obviously cheaper, but you have to have a future year in which you have HDHP coverage and you have to avoid over contributing in that future year.   I hope this explains to you what happened and why TurboTax is not working according to your understanding. TurboTax is working correctly, but honestly, most taxpayers (and quite a few tax professionals) don't understand how HSAs work, due in part to the opaque instructions by the IRS.

If you don't have a business, you can go back and delete the Schedule C.    TurboTax Online, please follow the instructions in this TurboTax Help article to delete a form.   TurboTax Desktop, please follow the instructions in this TurboTax Help article to delete a form. If you do have a Schedule C, then go back and review your entries.     Navigate to the Schedule C section: TurboTax Online/Mobile: Go to Schedule C. TurboTax Desktop: Search for schedule c and select the Jump to link. If the above doesn't work, you need to clear your cache (that is, remove these temporary files).  A full or corrupted cache can cause problems in TurboTax.  You can try these steps if you are using the online version:   Clearing your Cache and Cookies Using a different browser Opening an Incognito Window Please reach out again if your problem persists.

It depends. If you want to complete a W-9 to provide to any of your clients or vendors you can use the link below. It can be printed or filled out online and the printed so you have it available for distribution to vendors. IRS Form W-9 -- Request for Taxpayer Identification Number and Certification  

The expenses relating to your CRP income are reported as Conservation expenses under the Farm Expenses section. Note that if your conservation expenses exceed 25% of the gross income of the farm, the deduction is limited to 25%, and any excess can be carried forward. Be sure you've calculated your conservation expense deduction correctly and that your expenses are covered by an approved conservation plan.   If your CRP expenses are not covered by an approved plan, report them under whatever farm expense category seems appropriate.  

If you are 73 then follow the steps below to report a missed RMD on Form 5329. Please take the RMD as soon as possible. You request a waiver of the penalty if you have reasonable cause. Please see Relief for Reasonable Cause for additional information.   Click on "Search" on the top right and type “1099-R” Click on “Jump to 1099-R” and enter your 1099-R On the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen select "An IRA..." TurboTax will walk you through the follow-up questions.

If you want to make changes or add a document to a tax return that has already been filed and accepted by the taxing agency, you should follow these guidelines.    You must first wait until the initial return is completely processed. You will have to use the same TurboTax account that you used for the original tax return. Once you begin your amendment, you'll see your original return. The refund calculator will start new at $0 and only reflect the changes in the refund or tax due Only make changes to the areas of your return that need to be corrected. You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment Select your product below and follow the instructions.  Amend TurboTax Online  Amend TurboTax CD/Download 

If you follow the instructions in the link below to enter each W-2 for the IHSS waiver payments you will complete your return correctly. How do I enter my tax-exempt Medicaid waiver payments from IHSS in TurboTax? @skt 

Yes.  If you fill out a 1065, it should generate a K-1.  You will enter the K-1 on your personal return to report the income.  You do not pay taxes when you file the form 1065 as it is a flow through entity.  So the taxes are paid when you enter the K-1 on your personal return.     

Well here I am in 2025, also impacted by the same issue of estimated state income tax payments for prior year not included in the Schedule A line 5a. In my case the issue is moot as with or without the estimated tax payment, the deduction is limited to $10,000. But Turbotax should ask us to enter it and indicate it will be for next year's tax filing input.

The state tax refund can be entered following the steps below. If you did not itemize deductions in 2023, then there is no need to enter the state refund.  Where do I enter a 1099-G for a state or local tax refund?

California does NOT tax IHSS payments.  Since there is nothing in box 1, you do not need to enter it in the W2 area. Do both you and your spouse BOTH get a W-2 for IHSS?    You can enter it either as 2 different amounts by doing the steps I listed above or you can combine and enter as one amount. 

Thanks for your response @CatinaT1.  The instructions How do I enter my tax-exempt Medicaid waiver payments from IHSS in TurboTax? do not show how to handle with $0 amount in Box 1. Is there another set of instructions to follow? To reiterate the scenario: We are California residents where IHSS payments are being made. The payments and W2 were received for the two parents who live with us - EIN is same but employer name is different. And the numbers in boxes 3-6 are different for each. Box 12 is marked with code "II" and the Box 3 amount is same as Box 12. Additionally, Box 14 has CA-SDI payments as well. I entered the W-2s into TurboTax exactly as received. Seems like an edge case that isn't handled.