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@doorcounty wrote: earn enough ($10k in 2025 income   one happy tax family with a slightly larger total income    If all of that $10,000 of income is from a job (less then $450 of non-job or non-self-employment income), he won't have "taxable income" and isn't required to file a tax return.  For purposes of the Premium Tax Credit (from the 1095-A), his income will NOT count towards that.    In a few cases, the SLSCP (column B of the 1095-A) gets messed up due to this circumstance.  You can look up the correct SLCSP on the Marketplace website to ensure that the proper amount is showing up on your Form 8962. https://www.healthcare.gov/tax-tool/#/    

@pk I skimmed this thread.   While it may be true that you don't have to take a tax credit that is afforded to you (and so in this instance stop taking the credit at $300/ $600), doesn't one have to assess the unintended consequence of that action?    If TT's math is that only $309 was eligible for the foreign tax credit, then what permits the taxpayer to grab the  entire $600 from the IRS?  Certainly that can't be permitted by any safe harbor.   I would question (with no basis frankly) that the IRS would permit you to claim less to get a higher tax refund.     Why is this any different than a Sch C self-employed taxpayer not claiming expenses so that the resulting income is higher and the CTC and EITC tax credits are higher.  That is not permitted.

@gjgogol wrote:  How do we get TT to change the words they use in those HELP and LEARN MORE links?    A LARGE amount of the "Help" and "Learn More" information is outdated, misleading, or outright wrong.  Intuit (the owners of TurboTax) doesn't really seem to care or review that material.

@_John__ wrote: fiscal ending date of Nov 30 as that aligns with 1099s produced by my property management company that end on Nov 30.     in order to use the fiscal date, but I hope I'm not missing anything more on that issue.   I did file my taxes from 7/2024 - 11/2024 on the 2024 1065 as it was a short year.   As I am preparing my taxes for 11/24 - 11/25, I tried starting in TT Business 2024, but when I select a fiscal tax year, the furthest into 2025 that it goes is June.        1099s are always filed on a calendar year.  Are you SURE your management company is filing them on a fiscal year?  If they are, they are doing it incorrectly.   Unless you can demonstrate a business purpose to a fiscal year, the required tax year is the same as the Partners.   If you have a fiscal year that begins in 2024, you use the 2024 software.  Because you also filed a 2024 short year return, it is unlikely you can transfer last year's file into the current year file.  If you did that, I suspect that is what is making the dates funky.   There are special calculations for short-year depreciation (you can't use the "tables" and can't just Basis divide by 27.5), and I'm not sure if TurboTax supports that.  And I suspect that because of a short year, the depreciation will always be a bit funky due to not using the "tables" for depreciation.   In my opinion, it sounds like you need to go to a good tax professional to get things straightened out.

@RH55 use this website - very accurate.  I have the same issue you do - attempting to maximize Roth converstions.  I use this website very easily.   https://www.dinkytown.net/java/1040-tax-calculator.html

Absolutely.  Purchased TT Business 2025 as I have for a number of years.  I prepared 1099s and W-2s for both my businesses in 2024; however, I cannot find a *.qef file.  When I attempt to transfer 2024 files and browse my TT directory, it finds no files.  Just wondering if there is something that has not yet been completed for this program??    also, when I go to the 2024 forms link in TT, I get the following message: Oops! It looks like you've accessed a link for a tax year that we no longer support.  

To check on regular tax refund status via automated phone, call 800-829-1954.   Federal and state refunds come from completely separate entities.  There is no rule as to which one will come in first or how long it will be between their arrival in your account.   TurboTax gives you an estimated date for receiving your refund based on a 21 day average from your date of acceptance, but it can take longer.  “21 days”  is not a promise from TurboTax or the IRS.      First, check your e-file status to see if your return was accepted:  https://turbotax.intuit.com/tax-tools/efile-status-lookup/   Once your federal return has been accepted by the IRS, only the IRS has any control.  TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.     You need your filing status, your Social Security number and the exact amount  (line 35a of your 2024 Form 1040) of your federal refund to track your Federal refund:    https://www.irs.gov/refunds   To track your state refund:     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=lt447ebr   If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refunds-take-longer-others/L14YlqFrH_US_en_US?uid=lexdr7zh . https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/irs-refund-taking-longer-21-days/L2vRAJbdU_US_en_US?uid=lexe7lst

@swick here is the issue   the question will come up in stepxstep view in the Desktop version, but that section is not available yet.  I can see the screen in the 2024 version, but not in 2025.    As a work around, go into Forms View and open up Schedule C.  Enter the Self-Employed Heath Insurance adjustment in Box 15.  That will link to form 7206 and end up on form 1040.