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@CatinaT1  - I am trying to figure out how to properly report the Return of Excess for 2025 contributions in TurboTax. I wasn't prompted in TurboTax about it. From searching other threads there are some mentions that you can fill out a 1099-R as if you pretended to get one even though it won't be received until next year, can you confirm/clarify? Thanks.

It depends on that other state. Most states tax non-residents on income earned while physically present in their state.  Some states (like California, New York, and Illinois) are more aggressive. They use "Market-Based Sourcing," which argues that if the benefit of your service is received in their state, the income is taxable there—even if you never left your home office.   If your client is in a market-based state, they may treat all income from that client as taxable in their state. Check the thresholds—many states have “de minimis” rules. If you earned only a small amount, like under $2,000 or $5,000, you might not need to file a return there at all.

I appreciate the response but the issue is not with the Federal section, which does have all of the information about sources of income and payments made. The issue is that the state section does not show that information and I can find no method for finding it, either. 

Follow these steps: Open to Federal  Locate your Business Income and Expenses (Sch C).  Edit/ Revisit/ Update Look for the "Qualified Business Income" section toward the end of the business interview.

It sounds like you did everything ok last year.  At least when I try to emulate you those are the numbers I get on my form.   As far as the reversal for this year the only thing I can think is that the system believes that the $7,000 that you are moving to the Roth is a reversal of the excess contribution.  You need to go back to the point where you entered the contribution and review your entries to be sure that the contribution has been entered as a non-deductible excess new contribution.   (May be easier to delete the entries for this year and start over.)   If the error is persisting come back here and tell us where you entered the $7,000 so we can walk through it.

You should make the estimated payments on a timely basis and follow the due dates that would have been printed with your estimated payment vouchers.  The reasoning behind this is that the IRS (and state taxing agencies as well) work on a "pay as you go" basis.  This means that they expect the tax withholdings be made incrementally throughout the year and not in a large lump sump at the end of the year.  Even if you make the estimated payments and have a refund when you file your taxes next year, you can still be subject to an underpayment penalty if your estimated payments were not made incrementally throughout the year.   You are allowed to annualize your income to reduce or eliminate the penalty, but since you sold your rental property early in the year, you'll have a large amount of income in the early part of the year which would require you to have paid all the estimated taxes due when you sold your property, so this method will not work for penalty reduction in your case.   In other words, stick to the estimated payment due dates of April 15, June 15, September 15, and January 15, 2027 if at all possible.

Does the IRS website for the status of a federal tax refund indicate the refund was issued? - https://www.irs.gov/refunds   If so, did you request to have your TurboTax account fees paid from the federal tax refund?   If you requested to have the TurboTax account fees deducted from your federal tax refund, the IRS will send the refund to a third party processor to have the fees and the $40 service charge deducted. The third party processor will deduct the TurboTax fees plus the $40 service charge and then attempt to direct deposit the remaining refund balance into the account that you entered on your tax return. For the status of your tax refund you will need to contact the third party processor, Santa Barbara Tax Product Group, using their website - https://www.sbtpg.com/ Tax Products Group Contact Information - https://help.sbtpg.com/hc/en-us/articles/230084587-Contact-Information Call 1-877-908-7228 Or email - TPG-CSsupport@greendotcorp.com

Once your return is filed, TurboTax has no control over the processing or the timing when the IRS/State releases your refund.    Here are a few FAQs to help you track your refund: When will I get my federal tax refund? How do I track my state refund? Why does Where's My Refund say "approved" but TurboTax still says "accepted"? Why do some refunds take longer than others? What if my IRS refund is taking longer than 21 days?

It sounds like an additional 6,200 is owed.   The previous amount should already be included.   The amendment (Form 1040-X) only represents the changes made to the original return.   If you look at the form,  at the bottom of page 1, lines 18 - 23, you will see the previous amounts (the 46k) accounted for.     Form 1040-X: Line 18 — Overpayment - original return Line 20 — Amount you owe Line 22 — Overpayment received as refund Line 23 — Overpayment applied to estimated tax   Form 1040-X contains three columns: Column A. This column shows the numbers previously reported on your tax return. Use the copy of your tax return you gathered in Step 1 to complete this column. Column B. This column shows how the amounts from your original return need to increase or decrease. For example, if you're amending your gross income to include $50 of interest income missing from your previously filed tax return, you would enter $50 on line 1, column B. Column C. This column shows the correct amount. Just add the amounts from column A and column B and enter the result here. 1040-X help  

Assuming your son is a U.S. citizen and did not provide more than half of his own financial support, here are the other rules for the Child Tax Credit:   For the 2025 tax year, a qualifying child must be 16 or younger at the end of the year. If your son turned 17 on or before December 31, 2025, he automatically ages out of the Child Tax Credit and into the $500 Credit for Other Dependents. Your son must have a valid Social Security Number issued before the due date of your return. If he has an ITIN or ATIN, the software will only grant the $500 credit. Under the new tax legislation passed in 2025, the taxpayer claiming the credit (or at least one spouse if filing jointly) must also have a valid SSN. If the primary taxpayer is filing with an ITIN, the family is disqualified from the Child Tax Credit, even if the child has a valid SSN. Your son must have lived with you for more than half of the year (more than 6 months).   Here is how to check and correct your entries: Select My Info from the left-hand menu. Scroll down to your dependents list and select Edit next to your son's name. Verify his Date of birth. Ensure the year entered correctly calculates his age as 16 or younger for the 2025 tax year. Continue to the Social Security Number screen. Ensure you did not accidentally check a box stating his SSN is "not valid for employment." Continue to the residency question. Verify you selected that he lived with you for 7 months or more (or the whole year). Select Continue to save any changes. Once corrected, TurboTax will automatically update your return and recalculate Schedule 8812 to reflect the full Child Tax Credit.

I'd like to review your tax return that is experiencing this issue but will need you to create a copy that doesn't have any of your personal information.  To create this diagnostic file, follow the instructions below to send it to us.   For TurboTax Online:   Sign into your TurboTax Online account Scroll down to Tax Tools from the menu ‌ side Select Tools from the dropdown  On the pop-up screen, select Share my file with agent A message that a diagnostic file gets sanitized and transmitted to us appears Provide the Token Number that was generated in this thread.   

I'd like to review your tax return that is experiencing this issue but will need you to create a copy that doesn't have any of your personal information.  To create this diagnostic file, follow the instructions below to send it to us.   For TurboTax Online:   Sign into your TurboTax Online account Scroll down to Tax Tools from the menu ‌ side Select Tools from the dropdown  On the pop-up screen, select Share my file with agent A message that a diagnostic file gets sanitized and transmitted to us appears Provide the Token Number that was generated in this thread.   

Follow these steps to select annualized method: (You must be using the annualized method of reporting income before you can use different amounts for tax payments.) Go to Federal > Other Tax Situations. Look for Underpayment Penalties. Select Annualized Income Method. TurboTax will ask you to break down your income and payments

therre is a section under investment income for seller financed mortgae becuase not only do you have to enter the interest but also additional info about the buyer. However, if you are reporting the sale on the installment basis interest income on this should be only reported in the installment sale section  

I'd like to review your tax return that is experiencing this issue but will need you to create a copy that doesn't have any of your personal information.  To create this diagnostic file, follow the instructions below to send it to us.   TurboTax Desktop Steps Open your return Click Online in the top menu bar Select Send Tax File to Agent Follow the prompts to generate the token number Provide the Token Number that was generated in this thread. 

The amount owed on your tax forms (Form 1040) when you have completed all entries is the correct amount to pay, not the initial amount. TurboTax's refund tracker changes as you enter data; and  it can display an incomplete amount until all income, deductions, and credits are fully entered and reviewed.