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The common reason why this occurs is that the added income from the home sale may be above the thresholds for the AMT exemption amount. ($137,000 in 2025)  Here is a breakdown according to to Revenue Procedure 24-40 in section 2.11 of the publication. Keep in mind, these breakdowns are applicable to the 2025 tax year   For married filing jointly, the phase out amount begins at $1,252,700 and is completely phased out at $1,800,700. For Single Filers, $626,350 and completely phased out at $900,378. In the Turbo Tax software, you will have a alternative minimum tax worksheet that explains the calculation of your AMT, which specifically calculates your AMT. Go to the forms mode and then either look for the 6251  worksheet or the Tax Smart Worksheet. If you use the online version of Turbo Tax, you will need to pay for the program to access the worksheets.    If you are filing a return prior to 2025, the exemption amount was $185,000. If you are filing this return that is prior to 2025, this may account for the $200,000 difference you mention.   If you are preparing the 2025 return, Form 6251 nor the worksheets are not available until Jan 21 according to Turbo Tax. Click here for more information.      @Freddieboy     

You may have been misclassified as a non-employee.     Contact your former employer and ask them to either send you a W-2 form as an employee or a 1099-NEC as an independent contactor.   Your employer may not want to (or be able to send a W-2).  If they did not pay you as an employee throughout the year, there will be no withholding for FICA or income tax (which will cause problems).   You can either file a Schedule C form - Profit or Loss from Business (with the 1099 income) or use Form 8919 (Uncollected Social Security and Medicare Tax on Wages) and dispute the independent contractor designation.      Generally, 1099-MISC form is used to pay for nonemployee income of $600 or mores such as rent, royalties and other income (e.g., monetary prizes, medical research studies, participants, etc.).   A 1099-NEC  form (Nonemployee Compensation) is used if the worker is not an employee and is paid $600 or more for services in the course of a trade or business.     The IRS uses a common-law test to decide whether a worker is an employee or independent contractor for federal tax purposes. 1. Is there behavioral control. If a business directs or controls the worker’s tasks, schedule, training, evaluations, or performance methods, then the worker is generally an employee. 2. Is there financial control? If a business controls how the worker is paid (hourly/week vs. contract or their are multiple clients), then the worker is generally an employee.. 3. Type of relationship. If benefits such as insurance are provided to a worker, then the worker is generally an employee.     To enter your Form 1099-NEC in TurboTax: Sign in and open or continue your return. Search for 1099-NEC and select the Jump to link.   Answer the questions and continue through to enter the information from your form. If you have multiple 1099-NECs to enter, you can select +Add Another 1099-NEC on the 1099-NEC Summary screen. When you’re done, we’ll ask you a few questions and help you through entering any expenses you may have so that you can reduce your taxable income.   When you’re paid this way, there’s no withholding taken out of your income, which means you’ll pay both self-employment tax and income tax. A benefit of being self-employed is that it enables you to have lots of write-offs, so make sure to enter all your expenses. This helps you reduce the taxes you might owe or increase your refund.      For more information, please see the IRS website: Independent contractor (self-employed) or employee?  

   Many federal and state forms are not yet available.  Check here for form availability. The dates are subject to change.   Tax form availability tool Dates are subject to change     Be patient.    IF you e-file now, your return will go into “pending” until the IRS starts to accept/reject returns in late January. You cannot make any changes while the return is on the server. The IRS will start to accept/reject 2025 e-files on January 26.   And….a state return cannot be accepted until after the IRS accepts your federal return. @user17682509404

Probably.   Potential fees and/or penalties for withdrawing funds from your IRA after only 3 months depends on the type of IRA fund you have.   For a Traditional or Roth IRA: If you are under the ag of 59 1/2, you are generally charged a 10% early withdrawal penalty in addition on the taxable amount of early distributions unless you qualify for an exception (see below).     There may also be a "withdrawal penalty" from the financial institution depending on your account agreement.   There is a 5-tax-year requirement for Roth IRAs which means any earnings withdrawn will be a non-qualified distribution.     For a Roth IRA, you can withdraw your initial contributions without any tax nor penalties.  However, if you are under 59 1/2,  then you will pay tax and a 10% penalty on any earnings (gains) distributed.   If you are under 59 1/2, the 10% tax penalty may be waived if the withdrawal qualifies under an exception, such as: Qualified first-time homebuyer distributions (up to $10,000) Qualified higher-education expenses Unreimbursed medical expenses that are more than 7.5% of your adjusted gross income Death or total and permanent disability Enter the information from your 1099-B form (Proceeds From Broker and Barter Exchange Transactions), and the software will compute any tax and penalties that you may owe.

@tcbarnabas This is not live chat.  If you have a question, please post a  clearly worded specific question and wait for someone to help you by replying to you.   We cannot see your screen or your tax return.

2025 STANDARD DEDUCTION AMOUNTS   SINGLE $15,750  (65 or older/legally blind + $2000) MARRIED FILING SEPARATELY $15,750  (65 or older/legally blind +1600) MARRIED FILING JOINTLY $31,500  (65 or older/legally blind + $1600) HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)     For 2025 through 2028 there is an extra  deduction amount of up to $6000 per individual 65 or older filing Single, MFJ, or HOH which is phased out above certain incomes.   The $6,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e.  Turbo Tax automatically includes it. IRS Schedule 1-A https://www.irs.gov/pub/irs-dft/f1040s1a--dft.pdf

@user17682464751 "...previous math looks incorrect..."    Until the recent tax laws change in July, the MFJ standard deduction  for 2025 was $31,500.   The tax law changed it, so now it is $34,500 + $1600 for each spouse 65 or older and/or for each spouse who is legally blind.

No, you can't pay yourself for the item since you and the business are one entity. You do have a basis in the item.  A sch C personal return means you would contribute the property to the business inventory. The basis for the property contributed is the lower of Fair Market Value (FMV) or your basis (what you paid for the item). Keep careful records to validate your numbers. This is not to be confused with the fact that you can pay yourself- that is- withdraw money out of your owner equity in the business.   As you sell items for a profit, you will have income. This income will have income tax and eventually self-employment tax.  Self-Employment tax (Scheduled SE) is automatically generated if a person has $400 or more of net profit from self-employment.    As your income increases, you may need to make estimated payments for the income tax and SE tax on your business.   Additional information: About Form 1040-ES, Estimated Tax for Individuals Small Businesses Self-Employed 

To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/ Scroll down to the bottom of the screen and on the section Your tax returns & documents.  Click on the Year and Click on Download/print return (PDF)   If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created.  TurboTax does not store online any returns completed using the desktop editions.   Go to this IRS website for free transcripts of a federal tax return - https://www.irs.gov/individuals/get-transcript   For a fee of $30 you can get a complete federal tax return from the IRS by completing Form 4506 - http://www.irs.gov/pub/irs-pdf/f4506.pdf

California is one of the states that generally does not tax "pure services" where no tangible goods are being sold to the customer.    While the scooping service itself is not taxed, if you sell any tangible products (specialized waste bags, deodorizers, or enzymatic cleaners, etc.), those items are subject to local sales tax.   The City of Glendora requires anyone conducting business within city limits to pay an annual Business License Tax.    Here's a link to the City of Glendora where you can request a Business License.   @Joeguevara                   

Is it possible that the missing dependent was over 13 (as of December 31, 2025)? If so, then this dependent will not appear in the interview for form 2441 (including the drop-down box).   A child must be 13 and under to qualify as part of the Child and Dependent Care Credit calculation(s) on form 2441.   I should clarify, "must be 13 and under" refers to dependents who are 12 and under as well as to dependents who turned 13 during the tax year. As the instructions for form 2441 state, "A qualifying child under age 13 whom you can claim as a dependent. If the child turned 13 during the year, the child is a qualifying person for the part of the year they were under age 13."   Such a dependent who turned 13 during the tax year would generally be described as "13", but, even so, they could be eligible to be listed as a dependent on the 2441.   Please review the instructions for form 2441 here.   [Edited 1/12/2026 4:04 PM PST]   @mrmet007