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To indicate that you have taken your full RMD amount, after you have checked the "I transferred all or part of this money directly to charity" in the prior screen, the next screen will be, "Let's get more information about your...(RMD)".   In this box, you should indicate only the amount that was the RMD amount (no extras).   In the next section, "How much of this distribution applied to your December 31, 2025 RMD?", indicate the amount you used above by selecting, "Some of this distribution applied...".   Ensure that the two amounts above are equal and are only your RMD.   The next screen will ask how much of your distribution went directly to charity. Here, you enter your charitable contributions.   This should clear your RMD notices.

1. Yes, after entering all the information in the 2024 amended return you will see how much tax is due. You can pay this with the IRS website (best way), where you can select the year, or you can select within TurboTax to have the tax due withheld from your account. If the IRS charges any interest or fees they will mail you a notice after they processed your amended return and you can pay this on the IRS website.   2. Yes, you can amend 2024 now to add the 6% penalty. And you should pay the tax due as soon as possible.

Either your college student doesn't actually qualify as YOUR dependent or you've answered something wrong in the interview.   Two possibilities immediately come to mind based on the wording of your question.  The student is not your child and may not meet the relationship test. You are the non custodial parent and are not entitled to claim the student. See full dependent rules at: https://turbotax.intuit.com/tax-tools/tax-tips/Family/Rules-for-Claiming-a-Dependent-on-Your-Tax-Return/INF12139.html   For more specific help, reply back with how you answered each question in the interview. 

Form 1099-NEC is used to report Nonemployee Compensation, this income is considered self-employment.  If your son is doing this work with the intend to make a profit then report this as self-employment income on Schedule C.  This way he can claim any expenses that were related to this income.  The Schedule C, will show your son's name not the name of the company that paid him will not show up on the Schedule C, but it will be reported when you enter the 1099-NEC.     If he does this work with no intention of making a profit. In this case he would not have to pay self employment income but he could not claim any expenses.    To report 1099-NEC hobby income in TurboTax:   Enter it under Wages & Income Go to Less Common Income Under Miscellaneous Income go to Hobby income and Expenses Select that the income is from a "sporadic activity or hobby" to avoid self-employment tax This would report this on Schedule 1, Line 8, rather than Schedule C.  Business v. Hobby @poncho_mike       

Form 172 cannot be attached electronically to your tax return.  It will need to be printed and mailed with any applicable worksheets either with your original completed return or with an amended return used to claim the NOL.   If you know the amount of your carryforward loss, then you can enter that information into TurboTax as part of your return.  The steps to take will depend on the version of the program you are using.     For TurboTax Home and Business, there is a separate Business tab at the top of the screen where you will find Schedule C, Schedule E, and other business situations.  Click the Business tab and scroll to Less Common Business Situations, then click Start beside Net Operating Loss/QBI Carryforward Loss to enter your information.   For other versions, go to Wages and Income > Business Items > Business Deductions and Credits and click Start.  Then select Business Loss Carryovers (NOLs, QBI) and click Start to enter your information.   For reference, here are the instructions for Form 172 and a link to the form itself:   Instructions for Form 172   Form 172 Net Operating Losses (NOLs)

The RMD calculation is based on information that is entered into TurboTax and not on your actual bank or brokerage records, so this can be resolved easily by following these steps. Therefore, if you did take the correct amount for your first RMD, do the following:   First, we will delete the original Form 1099-R entry:   Go to Wages & Income Select Review to the right of IRA, 401(k), and pension plan withdrawals Click on the trash can to the right of your Form 1099-R, which will delete the Form Before you add it back in, click on Deductions & credits on the left panel to allow the system to refresh Now, click back on Wages & Income to return to input the Form 1099-R information again:   Go to Wages & Income on the left panel within your TurboTax account Scroll down to Retirement Plans and Social Security and click on the down arrow to the right Click Start to the right of IRA, 401(k), Pension Plan Withdrawals (1099-R) Click the Yes box when you see, "Did you get a 1099-R...?" Click the "Enter a different way" box Click the "Type it in myself" box Click on the box that pertains to your type of 1099-R (typically the first box), Continue Next, you will see, "Enter your 1099-R provider's info", complete that, then Continue Next, you will see "Enter your 1099-R details from _". Enter the information from the original Form 1099-R that you received Ensure the details from your Form 1099-R are correct checking for which Distribution Code was used in Box 7 (or review if imported), then Continue Continue through until you reach, "Let's get more information about your Required Minimum Distribution (RMD)", enter your RMD due by December 31 Next, you are asked, "How much of this distribution applied to your December 31 RMD?" If you select "Some", you will need to enter the amount of the distribution that applied to your RMD* You will reach "Review your 1099-R summary", press Continue (not the pencil) and additional questions will generate for you to answer When you reach "Let's go over any required minimum distributions (RMD)", Continue (not the pencil)   The above steps should resolve the incorrect penalty calculation.

In order to ensure TurboTax is including your dependents, make sure you have answered all the questions in "My Info" regarding the dependents.   Navigate to My Info, Your household, select the first dependent.    Choose "My child", continue and be sure their name, date of birth and proper citizenship is complete.  Continue, and answer the question about living arrangements and parents.  Continue, and answer any less common situations, if applicable.  Lastly, enter the child's SSN and be sure that "Not valid for employment is printed..." is NOT checked.  Not everyone is eligible for the credit. The credit begins to phase out if your adjusted gross income (AGI) exceeds $200,000 for single filers or $400,000 for married couples filing jointly.   If that still doesn't work, I would like to take a deeper look at this. However, I need a diagnostic file which is a copy of your tax return that has all of your personal information removed. You can send one to us by following the directions below:   TurboTax Online:   Sign into your online account. Locate the Tax Tools on the left-hand side of the screen. A drop-down will appear. Select Tools On the pop-up screen, click on “Share my file with agent.” This will generate a message that a diagnostic file gets sanitized and transmitted to us. Please provide the Token Number that was generated in the response.   TurboTax Desktop/Download Versions:   Open your return. Click the Online tab in the black bar across the top of TurboTax and select “Send Tax File to Agent” * This will generate a message that a diagnostic copy will be created.  Click on OK and the tax file will be sanitized and transmitted to us. Please provide the Token Number  (including the dash) that was generated in the response.   *(If using a MAC, go to the menu at the top of the screen, select Help, then, “Send Tax File to Agent”)  

In TurboTax Desktop, you would enter the IRS form 1099-B by following these steps:         Across the top of the screen, click Federal Taxes. Across the top of the screen, click Wages & Income. Scroll down to Investments and Savings and click the down arrow to the right. Click Start / Revisit to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other. Click Add investments. At the screen Let Us Enter Your Bank and Brokerage Tax Documents, select Skip Import. At the screen OK, let’s start with one investment type, select Other.  Continue. At the screen Tell us more about this sale, enter the information. Click Continue. At the screen Now enter one sales total on this 1099-B, enter information. Click Continue. Repeat as necessary by clicking Add another sale.  Click Continue. If you inherited an investment, the cost basis is likely the value of the investment on the date of the decedent's death.   Per IRS Publication 551 page 15, the basis of property inherited from a decedent is generally one of the following.   The fair market value (FMV) of the property at the date of the individual's death. The fair market value (FMV) on the alternate valuation date if the personal representative for the estate chooses to use alternate valuation.  The value under the special-use valuation method for real property used in farming or a closely held business if chosen for estate tax purposes.  The decedent's adjusted basis in land to the extent of the value excluded from the decedent's taxable estate as a qualified conservation easement. @user17724044695   

The software will automatically compare your itemized deductions versus the Standard Deduction and suggest the best option for you. In order for you to get a deduction for medical expenses, your total itemized deductions should be greater than the standard. You are only able to deduct medical expenses that exceed 7.5% of your Adjusted Gross Income (AGI)   To enter Medical Expenses, see the guidance below:   Open your return in TurboTax for Desktop Click the Federal tab. Select Deductions & Credits. Scroll down to the Medical section and click Start/Update next to "Medical Expenses." Follow the on-screen instructions to enter out-of-pocket costs, including insurance premiums.   You can also force the software to itemize your deductions  To force itemized deductions in TurboTax Desktop, navigate to Federal Taxes > Deductions & Credits and continue through the screens. You will come to a screen that says "The Standard Deduction is Right for You"  which will allow you to switch to itemized.  Edited [03/03/2026 at 08:39 A.M ET]

I did state, as stated in the help article, that California real estate withholding needs to be entered on both the Federal and State returns. The reason for the California entries is to make sure that the amount is reported on Line 73 for Real Estate Withholding and not on Line 71 as state income tax withholding.   If you somehow ended up with two Forms 593, you can delete one of them, or if you prefer, delete all the entries and forms on this topic and start again.   Safe travels!   @newcastlelinda 

If you are not getting the correct RMD calculation on all RMD entered for either one or more of your Form 1099-R entries, you have the option to use one of your distributions to indicate the entire RMD, if it was enough to satisfy your entire RMD amount:   Option 1:   To input your Form 1099-R distributions, including the RMDs using your one of your accounts (if total distribution was enough to cover RMD), do the following:   Go to Wages & Income and enter the first Form 1099-R (Gross distribution, etc.) in IRA, 401(k), Pension Plan Withdrawals (1099-R) Next,when you reach, "Let's get more information about your RMD", enter the total toward the RMD amount, Continue Next, select, The entire distribution (or some of the distribution) applied to the December 31, 2025 RMD, Continue Do this with each of your accounts (if one does not cover your total RMD) Next, in the Review your 1099-R summary, Continue (not the pencil) Continue answering the questions Next, when you see "Let's go over any required minimum distributions (RMD), select Continue (not the pencil)   Note: If you are asked, "Did you miss an RMD?", select "No".   Option 2:   If your other account distributions were not enough to satisfy your entire RMD and the RMD prompts are not populating, you can delete that specific form and re-enter it.   Go to Wages & Income, IRA, 401(k), Pension Plan Withdrawals (1099-R), click Review Click on the trash can next to the Form 1099-R entry that did not ask about your RMD Click outside of the Wages & Income (e.g. click on Deductions & Credits on the left panel Return to Wages & Income, IRA, 401(k), Pension Plan Withdrawals (1099-R) Follow Steps 1-7 above To delete Form 5329 if it does not apply:    Go to Tax Tools on the right hand panel inside of TurboTax Click on the down arrow and scroll down to Tools Click on Tools and select Delete a form from the menu items that appear in the Tool Center Click on the trash can icon to the right of Form 5329