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Sorry-no.    If you take money from your IRA before you are 59 1/2, you will pay a 10% early withdrawal penalty plus ordinary income tax.    There is an exception for using IRA money for a down payment, but not for paying off an existing mortgage.

You can't do a bulk edit for your 1099-B transaction.  You can review each one, delete the import and re-import (you may have the same problem), or you can delete and enter the summary totals instead of individual transactions.  To do so, while working in your return:     In the wages & income section, Select "Investments and Savings...."   On the page "Did you have investment income in 2025?"  Answer Yes, or If you've already started the section, click on "Add Investments" at the bottom of the screen On the page "Let's Import your tax info" click on "Enter a different way"  Select "Stocks, Bonds, Mutual Funds" on the page with "OK let's start with one investment type"  When asked "Which bank or brokerage is on our 1099-B?" enter the name of your or broker or mutual fund company, leave the other fields blank. Click Continue  Answer the next three or four questions  Answer Yes to "Did you buy every investment listed...." (unless you inherited or were gifted the funds)  Select "Sales Section Totals"  Locate your sales section totals on your 1099-B  Enter your Investment Sales Section Totals and repeat till you have entered for each category.  After entering all your sales section totals,  Look for "Now we'll help you upload your 1099-B since the IRS requires a copy" and follow the instructions,  or you can mail a paper copy of your 1099-B to the IRS.  If you want to mail, click on "How do I mail my statement".     Take a moment to double-check that your statements are complete. For each sale listed, there should be:   - A Description   - Date Acquired   - Date Sold   - Sales Price   - Cost Basis   - Gain or loss for each sale   - A based on how the sale was reported to you and the IRS   In some uncommon cases, there will be an adjustment code and adjustment amount.      NOTE: Any sales summaries that include only Box A or Box D sales, and which have no adjustments to gain/loss, do not need to be included on a statement mailed to the IRS.      Here's how to mail your statements:   If you are e-filing your tax return, then mail your statements along with Form 8453 to:     Internal Revenue Service  Attn: Shipping and Receiving, 0254  Receipt and Control Branch  Austin, TX 73344-0254 

If you didn't file 8606 in 2024 you would need to do that to get the basis correctly recorded for 2024.   For your 2025 return, there is the question in the IRA section "Did you have any nondeductible IRA contributions to your traditional IRA from 2024 or prior years?" you would say Yes to that and provide the updated basis $2000 to reflect that on your 2025 8606 Line 2.   I don't think you need to wait to file 2024 8606 before you can file 2025 but at least have it prepared to confirm the outcome on 2024 8606 Line 14 which carries across to 2025 8606 Line 2.   See the comments under "If your conversion contains contributions made in 2025 for 2024" at end of this article if 8606 wasn't filed.  This article suggests to just mail in Form 8606 to record the basis if it was missed.  Other advice in this forum has been to file 1040-X but I am not sure the criteria for that, that may be better for changes to an existing 8606.   https://ttlc.intuit.com/turbotax-support/en-us/help-article/retirement-benefits/enter-backdoor-roth-ira-conversion/L7gGPjKVY_US_en_US   Not a CPA but this is my understanding based on what you've described.   @dmertz 

You missed something in MY INFO.   Make sure you have entered your child as a dependent in My Info, and that you have entered the child's Social Security number.    Careful— do not say that your child’s SSN is not valid for employment.  If your child was born in 2025 make sure you said he lived with you the whole year.  There is an oddly worded question that asks if the child paid over half their own support.  Say NO to that question.   If your dependent was a full-time college student, make sure you were careful on the MY INFO screen for “Uncommon situations” and that you indicated there that they were a student.  

TurboTax automatically applies the senior tax deduction if you qualify. When you go to the Deductions & Credits section and choose your standard or itemized deductions, TurboTax checks your age, income, and filing status.    If you meet the criteria (age 65 or older, income below the limit, and proper filing status), the software will claim the deduction for you on your tax return. This means you don't need to enter anything separately to get this deduction in TurboTax Online as long as your information is entered correctly.   @eevasmith1 

There is no reason to amend your return as of now. Review the information below for further details that will take affect. Mandate: Executive Order 14247 requires the switch to digital payments to enhance security and efficiency. If You Don't Use Direct Deposit: If you file without bank info, you may receive an IRS notice (CP53E) requesting details. If no information is provided, a paper check may eventually be issued, but it will be delayed. Risks: Paper checks are 16 times more likely to be lost, stolen, or delayed compared to electronic payments. Exception: Limited exceptions may exist for hardship or those without access to banking infrastructure IRS Paper Check Phaseout If you choose, you can use an IRS Online Account to redirect your payment later, if a paper check is not received.

If your second Form 1099-R is not showing, you can easily add it manually using the instructions listed below.   You can get to your Form 1099-R screens in TurboTax as follows to enter your Form 1099-R as follows:: Click on Search at the top right of your TurboTax screen Type Form 1099-R in your search box Click on the link Jump to Form 1099-R You will be able to enter your Form 1099-R on the following screens Make sure to answer all of the follow-up questions   For additional instructions on how to enter a Form 1099-R in TurboTax click here for " Where do I enter my 1099-R?" Please return to Community if you have any additional information or questions and we would be happy to help.  

I assume that you are referring to an IRS form 1099-DIV.   If so, dividends and interest may be listed on Schedule B and then reported on line 3a and 3b of the IRS form 1040.  However, the IRS does not require that Schedule B be printed unless interest exceeds $1,500.   Capital gain distributions reported on IRS form 1099-DIV may be found on line 13 on Schedule D.   These are the principal items that are reported on the form.  Are these the entries listed on your form?  Please post again if you do not find the entries.

If you are filing as Married Filing Separately you are not eligible for the deduction.  If you are Single and your AGI is over $175,000 or Married Filing Jointly and your AGI is over $250,000 you are not eligible for the deduction.   If you are age 65 or older and meet the requirement, the additional deduction is automatically added on your federal tax return.   Standard deductions for 2025 Single - $15.750 add $2,000 if age 65 or older Married Filing Separately - $15,750 add $1,600 if age 65 or older Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older Head of Household - $23,625 add $2,000 if age 65 or older   New Bonus Standard Deduction (OBBB): An additional $6,000 deduction for taxpayers 65 and older. This is per eligible individual, meaning a married couple both over 65 could get $12,000. Important: This bonus deduction is temporary, lasting from 2025 through 2028. Income limitations: It phases out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers. The amount is calculated on Schedule 1-A, Part V, with that amount flowing to Form 1040 Line 13b Look at your Form 1040 - You can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

  The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO.  You do not need to take any extra steps to enter it. (And…the new senior deduction has nothing to do with whether you are getting Social Security)   The deduction is not on the same line as your standard deduction.  It is shown separately on line 13b.     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 for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.   (The deduction phases out completely at $175.000 Single or HOH, or $250,000 joint)   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   Need to see it? https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr   If you are not getting the senior deduction it is because Your date of birth in MY INFO shows that you were not 65 by the end of 2025 Your income is too high You are filing married filing separately    

If you've installed TurboTax on your computer, try right-clicking the TurboTax icon and choose 'Run as Administrator'.   If you can give more details, we'll try to help.   Here's more info on Troubleshooting TurboTax Desktop Issues.   @4164497

Because Turbo Tax did not update their forms properly for NY state and caused the NY processing to glitch out. Who suffers in the end? The people who paid taxes all year on an interest free loan to the state. Amazing right? 

Since you are active duty military, the rules are very specific to protect you from being taxed by a state just because you are stationed there.   Use your California address (your mailing address) in the "Personal Info" or "My Info" section of the program.  The IRS and states use this address to mail you checks, letters, or notifications.   Use your Texas address when the program asks for your State of Residence (SLR).   Under the Servicemembers Civil Relief Act (SCRA), your military pay is only taxable by your "State of Legal Residence" (SLR), not the state where you are stationed (Texas has no state income tax... California does have a state income tax).   Note: when the program asks, "Did you live in another state?" or "Did you earn money in another state?" answer "No" regarding California if your only income was your military pay. Also note: the program may automatically add a California state return (after you enter a California mailing address).    Check Box 15 on your W-2:  If it says "CA" and has tax withheld, you must file a California "Nonresident" return to get that money   Update your LES: If California taxes are being taken out, you need to file DD Form 2058 with your finance office to officially list Texas as your SLR (this stops future withholding by CA).   Make sure that are marked as a Nonresident (if you must file a A return).  California considers military members stationed there on PCS orders to be nonresidents for tax purposes.

If you are getting stuck in the foreign dividends section, try entering foreign dividends and claim the foreign tax credit in TurboTax Online using these steps: 1. Go to the Wages & Income section and select Dividends on 1099-DIV. 2. Enter your foreign dividend amounts from your tax documents. 3. Next, navigate to the Deductions & Credits section and find Foreign Tax Credit under Estimates and Other Taxes Paid. 4. Select Start or Update next to Foreign Taxes. 5. On the screen asking if you want to take a credit or deduction, choose Take a Credit. 6. Enter the foreign taxes you paid along with the country information. 7. Complete the following questions about your foreign income and expenses. 8. TurboTax will help calculate whether the credit is better than a deduction.

If you didn't keep copies of the Forms 1099 that you received that year, you can review your prior year return documents to see what you entered.   If you used TurboTax Online last year, follow these instructions: Sign in to your TurboTax account. Make sure you're using the same TurboTax account (same user ID) as in previous years.  From Tax Home, scroll down and select Your tax returns & documents. Select the year you want and select Download/print return (PDF). Note: If the year you're looking for isn't there, it might be in a different account. Go here to find all of your accounts. One of them should have the return you're looking for.   If you used TurboTax for Desktop: Select the Start menu in Windows and select search. Search for *.tax2024 (or whichever year you are searching for, *.tax2023,*.tax2022, etc.). Don't double-click the tax file in the search results to open it, as this can cause errors. In the left pane of the search results, select the > symbol next to the .tax file you're searching for. This will bring up information about this file in the right pane. In the right pane, select Open file location. By default, TurboTax saves tax files in the My Documents TurboTax folder. After locating the tax file in its folder, open your tax return using the same version of TurboTax for that year. For example, open your 2024 return in the TurboTax 2024 program and your 2023 return in TurboTax 2023. Choose File >> Print from the menu (black bar) in the TurboTax header. Check the button for "Specific Forms" and the box beside [name of form] in the forms list to the right. Save as PDF or Preview and Print. For more help: How do I view, download, or print a prior-year tax return? How do I find last year's tax data file (.tax file) on my computer?