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Thanks @DianeW777. I'm interested for Oregon, Montana, and Missouri K-1s. I'm a California resident.   I still don't really understand how this is tracked at a state level then. If I have multiple K-1s that have income/losses from multiple states, then it seems that the federal numbers and state numbers would be quite different. For example, if I have a property in Montana, the income/losses should not affect my Oregon return, right? But it does affect the federal return.

In the California return, the Underpayment Penalty questionnaire normally doesn't appear unless TurboTax has tentatively calculated a penalty based on the income and payment information you entered. There are several exemptions to the penalty and you may have met one of the other exceptions.   If TurboTax calculates a penalty, you will see Underpayment Penalty listed as an item under Other Situations and you may also see a screen prompt before you get to the end of the California items asking if you want to go over the penalty section now. Respond "yes" to "Would you like to review this topic?". If yes, you are given the choice to let the Franchise Tax Board calculate the penalty and send you a bill, or complete the questionnaire.   See this FTB webpage for more information about California penalties.   According to the form, If you qualify for the 110% of 2023 exemption, or another exemptions, then the Form 5805 is not required to be submitted.   Form 5805 states:   IMPORTANT: In most cases, the Franchise Tax Board (FTB) can figure the penalty for you and you do not have to complete this form. See General Information B. If you meet any of the following conditions, you do not owe a penalty for underpayment of estimated tax.    Do not complete or file this form if:    • The amount of your tax liability (not including tax on lump-sum distributions and accumulation distribution of trusts) less credits (including the withholding credit) but not including estimated tax payments for either 2023 or 2024 was less than $500 (or less than $250 if married/RDP filing a separate return).    • Your 2023 return was for a full 12 months (or would have been if you were required to file) and you did not have any tax liability on that return.    • The amount of your withholding plus your estimated tax payments, if paid in the required installments, is at least 90% of the tax shown on your 2024 return or 100% of the tax shown on your 2023 return (110% if California adjusted gross income (AGI) was more than $150,000 or $75,000 if married/RDP filing a separate return) and you are not using the annualized income installment method. Taxpayers with California AGI equal to or greater than $1,000,000 (or $500,000 if married/RDP filing a separate return) must use the tax shown on their 2022 tax return if they do not meet one of the two conditions above.   @ankit312   

USPS.com (a website site belonging to the Post Office) says the zip code for that address is 12207-2011. So try this zip instead.   But note that if this is on a 1099-R, the address doesn't matter much - it's the Payer's tax ID number that matters. If necessary, just leave the zip code off.

No. I can't think of an instance when the IRS has raised this issue with a taxpayer who had more than $ 300 in Foreign Taxes but decided NOT to use Form 1116 and instead used Schedule 3, Line 1 and ultimately Form 1040, line 20 up to the $ 300 (or $ 600 amount)? 

Which state? This question would be asked and answered in the state section.  Some states you may have to walk through all the questions to get to it, others, it could be in the personal info section or the end of the state return.   You would not see a form 1095.  In MA you would see a a schedule HC.  Other states you would see other forms.  

I was able to make the adjustment to the Arizona state income tax deduction in TurboTax Desktop. If you are using TurboTax Online, you will have to switch to the Desktop program in order to enter your information in Forms mode. Click here for more information.   To make the adjustment in TurboTax Desktop, please follow the instructions below: Open your return. Go to Forms mode.  Navigate to the Tax Payments worksheet under Form 1040. Enter the amount of safe harbor donation on Line 18d, Positive Adjustment.  Go to Step-by-Step mode.  Open your Arizona return. Continue through the screens until you reach the screen, Adjustment to State Income Tax Deduction. Enter your state income tax adjustment.    [Edited 4/17/25 l 2:20PM PST] @TheSchulteMeistr 

As Hal_Al said, this exception only applies to distributions from an IRA.  A 401(k) is not an IRA.   Had you rolled the distribution over to an IRA and then taken the distribution from the IRA, you would have been able to use the first-time homebuyer's exception to avoid the early-distribution penalty.

Apparently it turned into a lesson in how to deal with uncooperative software instead, One "hack-around" might be to do your federal taxes on your computer, then transfer the SAME YEAR saved tax form (not PDF) to your child's computer to run the state taxes (you might need to start a "new" return and "import" from the 2024 tax file; I found when switching between computers this year that it defaulted to only looking for 2023 files, but by choosing *.all file it would allow me to see (and import) the 2024. Alternately, maybe contact Turbotax to get the state download on the IOS? 

It depends. It sounds like that would be corpus and not income since it's a nontaxable distribution. It would not be included as income on the Form 1041 or the personal returns of the beneficiaries. The only income on Form 1041 is taxable income.   @qualifyme 

As VolvoGirl said, QCDs are not limited to the amount of your RMD.  The 2024 annual limit on QCDs is $105,000.  To report the QCD, simply enter the Form 1099-R that reports the distribution from the traditional IRA, mark the checkbox (online version of TurboTax) or answer Yes (desktop version of TurboTax) to indicate that some or all of the distribution was a QCD, then enter the amount.  TurboTax will include the gross distribution amount on Form 1040 line 4a but will exclude the QCD amount from the amount on line 4b and will show the QCD notation next to the line.

To enter, edit or delete estimated taxes paid (Federal, State, Local) - Click on Federal Taxes (Personal using Home and Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Estimates and Other Taxes Paid On Estimates, click on the start or update button   Federal estimated taxes paid are entered on Form 1040 Line 26