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The windows purchased would not be considered a Major Purchase for sales tax purposes.   Common major purchases include: Vehicles Off-road vehicles     If the sales tax paid on the following items was the same as your general sales tax rate, you can also include: Aircraft Boats Mobile homes Manufactured housing Building materials for major home improvements

How many children do you have?   If you have two children that were in some sort of daycare, you have already used $5000 of pretax money, so you might have $1000 of childcare credit left.   If you have only one child, you cannot get more credit at all.  

No, you should not combine them. You should enter each 1099-R separately into TurboTax, exactly as they are written.    While it seems more efficient to sum them up, doing so can actually trigger an IRS "mismatch" notice, especially if there is one aspect on a form that is different from the other.

After entering your 1099R information and then selecting 'no" regarding the 403B information, there will be a screen that is labeled We found a few other questions about your situation.   In the first screen, say yes to periodic payments Next answer yes or no if you started receiving payments in 2025 Then a question appears "For the years you received these distributions, was the total amount shown in the form the amount you paid tax on? for total amount taxable, say "yes" Now 5A on your 1040 is the gross amount and 5B will match the amount that was reported in Box 2A on the 1099 R.    

Yes, you must still file a Schedule E (Supplemental Income and Expenses) to repot all your rental income( (and also your associated expenses).   The only exception of not having to report your rental income pertains to the "14-day rule; if you rented the property for less than 15 days during the year, and used it yourself for at least 14 days, you don't have to report the income.   You need to also file a Schedule E in order to show your rental income/expenses documentation; otherwise, if your tenant or property manager reports your income on a 1099-Misc or 1099-K9, the IRS may assume that it is  ALL profit (and tax you accordingly).   Even if your other expenses  (mortgage interest, utility costs, repairs, etc.) help you to "break even", you are also required to declare depreciation on the building (even if you don't claim it). Depreciation often creates a "paper loss", that you can use to offset other income or be carried forward to future years.   Enter Rental Income & Expenses: Open or continue your return. Under the Wages & Income section, Click on Rental Properties and Royalties. Answer Yes to "Did you have any income from rentals or royalties?" You will then indicate if you are a real estate professional (select any options that apply to you). On the screen What are you here to report?, Click on Rental property, Continue. On the following screens, enter all the info about your rental property, including a description of the property, your rental income, any expenses and assets, and other less common situations about your rental.

Thank you for your reply..   Just to clarify my situation -  - In 2024 I had a investment interest deduction available of $100 - 4952 line 8, and schedule A line 9 both showed $100 of investment interest.  However my total itemized deduction was less than my standard deduction, so I took the standard deduction.   - My question is - can I carryforward that $100 of investment interest to my 2025 4952 line 2?  That line is labeled as the amount from 2024 4952 line 7, which shows $0.   Wasn't sure this was clear in my previous question, but had not encountered this situation before so wanted to double check.     Sometimes the carryforward rules are a little tricky I believe.  I could make the argument both ways on this one 🙂   Thanks again!   Tom

You have to edit the partnership information and find the screen that says Partner Summary, and then edit the partner in question. On the screen that says Enter Partner Information, check the box that says This partner is not a person .. It is an LLC or other business entity. Choose the type of entity from the drop down menu.  Under the Social Security number option on that screen, enter the federal identification number for the entity.

To get your annual tip amount from DoorDash for 1099 tax purposes, look for a separate email sent by DoorDash by January 31st, as tips are often reported separately from the main 1099-NEC. If you do not receive it, manually calculate your total tips by reviewing weekly earnings in the Dasher app.  

It isn't for me. 1099-DIV Box 12 is federally exempt income and I just created a 1099-DIV and put in $100 for box 1a and $85 for box 12. When I look at the Form in the program, it is correct. Next, I looked at Sch B and it correctly shows the federal box 1a. The smart worksheet showing the box 12 exemption with the state but it is not included in the federal income. My 1040 shows only the interest from box 1a.   I wonder if other income is pulling in to change your value or something was entered in the wrong spot. You should view  your forms, including all worksheets:   In desktop, switch to Forms Mode.  For online: On the left side, select  Tax Tools Select Print center Select Print, save or preview this year's return If you have not paid, select pay now. I will add screenshots of my correct forms so you can compare and look for issues. The 1040 shows:   Sch B   The 1099-DIV  

This Expert info isnt really helpful as its not directly related to the issue we are having.  Hopefully someone from TT will chime in when the APEX Clearing importing issue is expected to be resolved.