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I'm not sure if you can go back and change the answers, but I don't think you have to. The credit card company would not issue a Form 1099-NEC which reports self-employment income paid to a subcontractor. They may issue a Form 1099-K, but that is not the issue here. If you paid a self-employed subcontractor more than $600 during the year you should issue them a Form 1099-NEC. The only situation in which this would not apply would be if the subcontractor was a large company that likely files taxes as a "C" corporation. 

Yes, this number is a requirement for the reasons noted below. If you are unable to get a code registered with the IRS you may not get the credit for your panelboard. Qualified Expenses and Credit Amounts It would be best to double check with the manufacturer to be sure you have the correct code. Also, check to see if they did register with the IRS here. Qualified Manufacturer QMID code (Qualified Manufacturer Identification Number) is a unique 4-digit code required for claiming the Energy Efficient Home Improvement Credit (EEHC). If you confirm all is correct, be sure your TurboTax software is updated with the latest information.  TurboTax Online will update automatically.  TurboTax Desktop is as follows: Sign in, select Online in the top left menu bar,  Next, select Check for Updates TurboTax will update or alert you that you are already up to date Please add additional information here if you need further assistance and we will help.

Of course you can't roll part of a Roth account into a traditional account!  I was referring to the TSP policy of taking distributions (traditional or Roth) pro-rata across all investments.  So if you have 50% of your TSP (traditional or Roth) in the C fund, 25% in F and 25% in G, and you want to take $10,000 out, they will take $2500 out of the G and sell $2500 worth of shares from the F fund and $5000 from the C fund - you can't direct them to take the whole $10,000 from the G fund.

Did more than one employer combine to withhold this excess? The IRS' instructions for the 1040 and schedules is not ready yet, but going by the 2024 1040 instructions (which will likely be the same), the excess SS taxes are refunded on Schedule 3 only if two or more employers combined to over withhold. If a single employer withheld too much, then you need to apply to that employer to get the refund. NOTE: the test is whether or not the two organizations had different EINs.   From the Instructions for 2024: Line 11  Excess Social Security and Tier 1 RRTA Tax Withheld    If you, or your spouse if filing a joint return, had more than one employer for  2024 and total wages of more than $168,600, too much social security or tier 1 railroad retirement (RRTA) tax may have been withheld. You can take a credit on this line for the amount withheld in excess of $10,453.20. But if any one employer withheld more than $10,453.20, you can't claim the excess on your return. The employer should adjust the tax for you. If the employer doesn't adjust the overcollection, you can file a claim for refund using Form 843. Figure this amount separately for you and your spouse   As an aside, is it possible that your employer was a PEO (professional employer organization)?

A few things could be causing this. Here’s what to look for:   Check boxes 13-15 for your state. If state info is listed but no income tax was withheld, clear those entries and leave them blank. If you see any zeros, remove them. If you copied information over, look for hidden spaces—these can show up when pasting details. Make sure you’ve answered the question about gambling losses. Double-check that your “date won” is in 2025. Sometimes you can just select “Continue” at the bottom and move on. The “Needs Review” message is a caution and won’t prevent you from e-filing.  

The OBBBA has introduced a new deduction for car loan interest paid for new cars you bought for personal use between 2025 and 2028.   The deduction is up to $10,000 if your income is under $100,000 (or $200,000 if MFJ). The deduction is gradually phased for higher incomes.   For the requirements of this deduction, please read this TurboTax Help article.   In TurboTax Online, you can enter your car loan deduction by following these steps: Open your tax return Click on Federal in the left-hand column, then on Deductions & Credits Navigate to the list of Deductions and Credits Click on Other Deductible expenses Locate the section Cars and Other Things You Own and click on the arrow on the right Click Start next to Car Loan Interest  Follow the TurboTax questionnaire to enter your car loan interest The deduction will transfer to Schedule 1-A of your form 1040, which is then transferred together with other deductions such as the additional senior deduction, to line 13b of your form 1040.

To enter Car Loan Interest - Click on Federal Taxes (Personal using Home & Business) Click on Deductions and Credits Click on I'll choose what I work on (if shown) Scroll down to Cars and Other Things You Own On Car Loan Interest, click on the start or update button

We are working to resolve your issue. You should hear back from us about this once an update becomes available. We’re actively working on making your tax filing experience easier. We will reach out to you about this once an update becomes available. 

Ugh, I hadn't even looked at that section because we haven't gotten a 1098-T yet - and just to make it harder, our senior is off campus this year.  For now I just entered the 1099-Q and it's showing the interest is taxable but if TT can't get this straightened out so we can enter her fall rent, utilities and groceries (she entered receipts into a spreadsheet each month and sent it to me so we could pull from the 529), I'll just delete the 1099-Q from TT!

I have the same issue.  TX is not listed and leaving it blank shows a NEEDS REVIEW comment.  Florida doesn't have a state income tax but Florida is listed.  Not a good start as I evaluate if it's time to switch from TurboTax to another tax software provider that my friends tell me is much more intuitive and has fewer problems ... LIKE THIS ONE!

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)     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  

I meet all the requirements for the spousal exclusion, yet turbotax 2025 desktop indicates that I only have a $250,000 exclusion rather than $500,000. As best that I can tell the question regarding the loss of a spouse is flawed. Whether you answer yes or no you get the same result. To get the exclusion in this question you mus meet three requirements 1) your spouse died within two years of selling the house, 2) you both owned and lived in the house for at least 2 years before your spouse's death and 3) your spouse excluded the gain on a house sale in the 2 years before their death. However per IRS Pub 523 the requirements are: 1) sell the house within two years of the death of your spouse, 2) you haven't remarried at the time of the sale, 3) nether you or your late spouse took the exclusion on another home sold less than 2 years before the current home sale, and 4) you meet the 2 year ownership and resident requirements including your spouse's, if applicable. Item 3 in the Turbotax requirements is in conflict with item3 in the IRS Pub 523.  Thus it is impossible to get the spouse exclusion in the way the turbotax requirements are stated and I believe that the software is incorrectly programed.