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To enter the accrued interest paid in TurboTax:   Open your TurboTax return Search for 1099-INT  and select the Jump to... link Enter your information for your Form 1099-INT In the question of any of these uncommon situations apply, mark "I need to adjust the interest reported on my form" Enter the adjustment amount, which is the accrued interest, and select that your accrued interest is included on form 1099-INT  

I'm kinda pulling my hair out over this on the 2025 return.  I'm using the TT Desktop Premier version on a Windows PC if you need to know that.  My return is complete but I can't clear the error flag "Sch K-1 Wks-S Corporations:  Box 17 Code V has been selected but no Section 199A income has been entered on Statement A." on the one K-1 I have to input.  I've checked and re-checked both the printed K-1 from the company and what I've input.  I went back to the Wages & Income / I'll choose what I work on and stepped thru the whole thing to be sure I didn't inadvertently check to include box 20.  In fact, I don't even see that option. There is no Box 20 on the K-1 so that's not the problem.  There is no Schedule A included in the supporting package from the company.  There is a Schedule K-1, Box 17, Code V included in the support.  It shows values for Ordinary business income, W-2 wages, and Qualified Property.  I've entered all of those and the associated values in the supporting details screen for Box 17, Code V that's getting flagged.  Nothing I do seems to clear the flag on Code V.  Is it possible there's a problem with the software?  Is there anything else you can think of that I need to check?  If not, is there some other resource at Intuit I can tap to resolve?

@user17681516237 wrote: I receive a W-2 for that income.  They will not pay me directly to the LLC.  How do I apply that as income to the LLC versus just to myself? You can't because you're an employee of the university. 

Yes, you can use that website to file your extension. This allows you to file it without having to mail it to the IRS. You actually set up a TurboTax Online account, but you do not have to complete your return there after your file the extension.   @scottbfreeman 

If you entered your 1095-A exactly as issued, TurboTax may be rounding up amounts as you enter each month.  If all months are the same, enter one month and use the 'copy' link to fill in other months.  You can also take the annual total and divide by number of months you were covered to get a monthly amount that you can round up/down for entry.    Form 8962 calculates the PTC for you.  Look at the Line 29 for the amount of excess PTC credit, which then transfers to Schedule 2, Line 1, and then to Line 23 on Form 1040.   @Beach44 

In TurboTax Online, in the Indiana state income tax return, at the screen Take a look at Indiana credits and taxes, select the School Scholarship Credit.   School Scholarship Credit  849    A credit is available for donations to certain scholarship-granting organizations (SGOs). The amount of a taxpayer’s credit is equal to 50% of the amount of the contribution made to the SGO for a school scholarship program.

This did not really answer my question.  I am a health and wellness professional considering setting up an LLC.  One of the services that I provide is to a university, but they pay me - as myself - and I receive a W-2 for that income.  They will not pay me directly to the LLC.  How do I apply that as income to the LLC versus just to myself?

@sjabrams wrote: Wow. What a way to discourage non-cash donations, if at least some of the point is to get a tax deduction. Since the IRS seems to consider "Clothing and household items" as a single type of property, I don't think I can take a deduction for the full value of what I donated. Getting these items appraised in the future probably won't be worth the cost and the hassle. Thanks for the info, though; better than having to deal with an audit. It's written into the tax law by Congress.  I suspect they are balancing the idea of deducting donations with the need to increase tax compliance by making sure that large donations are properly valued.   These rules are available online or to ask a tax preparer, but you are certainly not the only person to make a large donation after the death of a loved one and not know about the appraisal rule. 

Under the IRS General Rule, your “expected return on contract” is the total amount you expect to receive over your lifetime from the pension. It’s calculated by multiplying your annual pension amount × your IRS life expectancy factor.   For more information, see,   Publication 939    

Thanks for the reply. Is it correct that I can use the  Easy Extension website, even though I am using the Desktop edition? Is it correct that the Desktop edition will ONLY allow me to file for an extension by mailing a paper form? scott