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When you enter the 1099-R into the program and answered questions, a few things could happen: Perhaps you entered that you had excess contributions in prior years and this was a return. If you have $6650 in excess contributions in your account, that would trigger a $399 additional tax. You must mark this was an RMD and the total RMD was met. You can use the amount on the form for your RMD. Check your 1099-R box 7 code. It should be 7 for normal retirement. Code J would be early distribution. Code 1 early with penalty. Go back through the 1099-R screens and verify you took the money, all RMD, etc. Check the code. Go through each screen carefully.

I have a client who the IRS is denying the deduction, entered on 'other income' line for the SDI taxes paid in prior years where no itemized deduction was taken. What IRS code or ruling do you reference for this? Thank you.

I have the same question as the original post. The article you linked gives no actual instructions. When I open my tax return to amend the return, I cannot find any topic heading to make a change. Other posts have mentioned Line 12 subsections but how can those be amended? And what should the correct information be?    This was a mistake by TurboTax and we're not being given enough information to make the necessary change. The program itself also doesn't appear to have been updated to allow us to make this change directly. Since this amendment needs to be filed in two weeks (by April 15th), a prompt resolution and more information needs to be sent out ASAP.

ThomasM25's reply confuses the limit on deductibility of a traditional IRA contribution with eligibility to contribute to a traditional IRA.  Neither your contribution nor your wife's contribution amount is limited by participating in a workplace retirement plan.  What may be limited is the amount of that contribution that is deductible.   https://www.irs.gov/retirement-plans/ira-deduction-limits

If you are using Expert Assist, please follow the steps in this help article to get back in touch with your assigned Expert or another one.   Otherwise, if you have a question about completing your taxes, post it here and someone in the Community should be able to help.  

It depends on whether you are doing this as a standalone project or as part of a larger heating and cooling upgrade.   The IRS generally does not list "ductwork" as its own separate category for the Energy Efficient Home Improvement Credit. However, there are two ways your project could potentially qualify if you did more than replace the damaged ductwork: If you also installed a new HVAC system, the cost of the new metal ductwork can be considered a qualified energy property expense. In this case, the ducts are a necessary part of the high-efficiency system installation. If you added air sealing or insulation, you might be able to claim the cost of those specific sealing materials (not the metal itself) under the Insulation and Air Sealing category, which has a 30% credit up to $1,200. See this article for a summary of the amounts available: Energy Efficient Home Improvement Credit (EEHIC)

When you enter one taxable transaction, you can't just watch the monitor.  You increased your overall adjusted gross income and with that come many other changes in your return, not just the incremental tax on the one transaction.   Like for example it increased your AGI and that would decrease some deductions if you itemized on Schedule A.  And by increasing your AGI it might reduce some credits you were getting like EIC.  And can make more of any Social Security taxable.   You would have to compare both returns line by line before and after you entered the income to see all the changes.

Yes, you claim the child as your dependent. You will see an option in TurboTax to indicate that the other parent gave you permission to claim the child this year when you enter the dependent information.

The state you live in taxes all income worldwide but will give you a credit for tax paid to another state. Prepare your out of state return first. Then prepare your resident state.   The credit will be the lower of the state tax liabilities on the same gross income. You may owe your resident state,  if they have a higher tax rate along with differences in how the taxable income is calculated.

To amend a return you did somewhere else or you don't have the original.tax file,  you would first have to fill out Turbo Tax like you are doing the original return and pay for it.  You have to recreate the actual wrong original return.  Then when it matches each line that you really filed you have to tell Turbo Tax you will mail it so it thinks it was filed.  Then you can amend it.   For the current year you can use the online version by first recreating the original return exactly as filed.  Then pay the fees and say to mail it and print it out so it think you filed it.  Then when it matches every line you can amend.

I just said that I entered my student's scholarship info without triggering taxes, when it applied to the tuition only.  Well, after I clicked away and back, it turns out TurboTax has decided her scholarship is taxable, which it is not. I will need to enter her 1098-T into TurboTax to avoid that issue.

The form 8606 stands alone. You can correct it and mail it in. Send a separate one for each year needed. Be sure you sign and date the bottom of the forms. Be sure to carry that basis forward.    Caution: If you filed other 8606 forms since then, you will need to redo them with the correct basis and send them in. On any 8606 forms already filed, you will need to write amended across the top.   Reference: Prior year IRS Form 8606