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@gcestaro  @CesarJ - - please review the accuracy of the response.    Since these are estate assets, the cost basis would be market value as of the date of death.  What Dad originally paid for the items is irrelevant.      If the assets were sold shortly thereafter, there would be no gain to report as the cost basis and the market value would be the same.     Whether the estate or the beneficiary sold the items, there is no reporting required as these were personal items sold at no gain.    Why would this be reported on a tax return at all?   

You do not need to enter a FEIN for a foreign bank account.    For example, when entering foreign bank account interest in TurboTax, you can leave the FEIN field blank.   A FEIN is a Federal Employer Identification Number assigned by the IRS to U.S. business entities.

@MonikaK1, thank you for your response.   There's no Estimated Tax Penalty listed on Line 38 of her return. The right side column is greyed out.  Will the IRS send her a letter after I file her return?     Box E of Part Part II is checked. In 2024 she filed MFJ with my Dad and this year she has to file Single since he passed in 2024.I don't understand *why* this form was generated - she paid her ES tax payments on time for all 4 quarters, and doesn't owe on her return - she's getting a small refund of approximately $400.  So I don't understand *why* it's saying she underpaid her estimated taxes.  Can you explain?   Thans so much.

An amended return, Form 1040-X, can only be printed and mailed to the IRS if the original tax return was not e-filed. The IRS will take up to 12 weeks or longer to process an amended tax return. Before starting to amend the tax return, wait for the tax refund to be received or the taxes due to be paid and processed by the IRS. See this TurboTax support FAQ for amending a current year tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-federal-tax-return-current-year/L7eS6o1qh_US_en_US?uid=lfunevhk

MonikaK1 Please make sure you understand what you’re providing before you provide the information. I did clear out and restarted them my taxes two times, and after the point I was no longer sharing my personal informational, I then shared my screen with your representatives, and none of those options do appear again. So your information is incorrect. Additionally, none of your representatives can tell me to email for privacy concerns so I have been forced to file a complaint with the Better Business Bureau,  The Attorney General and federal consumer bureau. lastly, the provided treasury complaint email address and website for complaints on turbos PDF disclosure is invalid and essentially violates our privacy rights as well (I.e. [email address removed]) you’re saying that people who have an issue with the privacy concerns to file a complaint with the treasury inspector, but the information that you provided to contact them is invalid. That does create another legal issue for you guys. in the future before you provide steps to do something please try it yourself and make sure that it can be done as like I said, I shared my screen, and that cannot be done   hollyhart227  Please do not believe what this community post is told you as the steps are incorrect and at this point, you should probably speak to an attorney if you want to change your options

Thanks very much for the reply! May I ask how the CT credit works in this case? Is it a refund from CT for the tax I need to pay to CA and can it be deposited directly to my bank account or applied back to CT tax return as a 'deduction' (similar to property tax)?

If you are referring to a Code 971 on your IRS transcript or a notice, this means that  a notice was issued regarding your tax return. It may mean your return was selected for a manual review or your refund amount was adjusted by the IRS.  It may even mean the IRS is requesting additional information. You may also see a Code 570, which means the refund is being held.   What to do: You should wait until you have the IRS notice, which will explain to you what the issue is and instruct you on what to do. The letter will give you instructions on what to do to. Follow these directions very carefully. If you are not sure how to respond, the IRS can answer most questions by phone: 1-800-829-1040.  Some notices will ask for more information. If the IRS provides a deadline for this, make sure you meet that deadline.  See this link for further information regarding what your notice number may mean: I got a letter or notice from the IRS   You may be able to look at your IRS transcripts to see what notices may be posted for you.  You can use this link to sign in to or create an IRS Online account: IRS Online Account.  You can view digital copies of many IRS notices and letters directly in your online account under Notices and Letters.   See also,  Handling Notices from the IRS   What to Do if You Get an IRS Notice   How do I contact the Internal Revenue Service (IRS)?   Please return to Community if you have any additional information or questions and we would be happy to help.

 If you haven't submitted the return, you can just delete the return in TurboTax.   Can I cancel or amend a pending return? If you haven't submitted your return, you can go back and delete it:   Open your return if you haven't already. Select Tax Tools from the left menu, then Clear & Start Over. Select Yes to confirm.