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@user17613192960 just got another e-mail from TT about mid-October. It seems Turbotax is not giving in on the W11 requirement., There are possible workarounds, but no one knows which will work and which won't. They'll be more once Turbotax release 2025 and users with noncompliant computers see what works. They will probably post the info in this forum. The workarounds may invalidate the accuracy guarantee and if you need help from support that might not be provided,       I don't think anyone is sure if 2025 will or won't install on W10. this only applies to desktop users since online users can continue to use w10. 1) your options if you use desktop - switch to a competitor's desktop or some online app.  It's likely this is a temporary solution since more and more apps are likely to require W11 in the future. (Just think of what MAC users go through every few years when their MAC OS is upgraded but Turbotax won't run on that version) 2) create virtual machine which requires an app to modify the Windows 11 registry before installation, so it thinks you have TPM 2.0, secure boot enabled and a more current cpu.   the VM allows both w10 and w11 to operate side by side but your computer bios must have the ability to enable Intel virtual technology.  what that does is allows you to specify on a multicore CPU sores for w10 and cores for w11. also required is a memory allocation 

What you asked originally is if you can convert from a traditional IRA to a Roth IRA by the December 31st deadline and then do anything to reverse that, and the answer is no.   But if you are instead wanting to take a distribution from your traditional IRA, then decide if you want to put it back or put it into a Roth IRA, you can do that, as long as it's within 60 days, as you mentioned. Just remember that the option to put the money back into a traditional IRA can only be done once in any 12-month period across all your IRAs. This limit doesn't apply if you decide to complete the conversion into the Roth IRA.   I hope this clarification helps!

The formula for calculating your RMD is to divide your prior year-end account balance by a life expectancy factor found in the IRS Uniform Lifetime Table.  This factor is determined by your age on December 31st of the distribution year.  Step-by-step calculation:  1. Find your prior year-end account balance. 2. Determine your life expectancy factor 3. Divide the balance by the factor 4. Repeat for each account 5. You can combine the totals to take the distribution from any one or more of the accounts. For additional info: Retirement plan and IRA required minimum distributions FAQs

If you "participated" in an employer's plan for even 1 day in 2025, then you must follow the deductibility rules for plan participants.  Ultimately, it will come down to whether or not the employer checks the box for "retirement plan" in box 13 of your W-2.  Did the company contribute to the 401k in 2025 based on the bonus (your voluntary deferrals, or their contribution, or both)?   https://www.irs.gov/retirement-plans/ira-deduction-limits   Separately, if you have W-2 box 1 income, that is considered compensation for working (including a bonus paid after you stopped working but was earned by working previously), and compensation is required for you to contribute to an IRA.  So if you had no other job in 2025 and the bonus is your only compensation, you can use it to make an IRA contribution.  The issue of whether or not it is deductible depends on your income, filing status, and whether you were covered by a retirement plan at work. 

As long as your 401K and SS taxable amounts are under the Standard Deduction they won't be taxed.  Do you have any other income like a pension?  What is your filing status?   For 2025 the Standard Deduction amounts are: (new as of July 5, 2025 OBBBA) Single 15,750 + 2,000 for 65 and over or blind (17,750) HOH 23,675 + 2,000 for 65 and over or blind (25,675) Joint 31,500 + 1,600 for each 65 and over or blind (33,100/34,700) Married filing Separate 15,750 + 1,600 for 65 and over or blind (17,350)   Up to 85% of Social Security becomes taxable when all your other income plus 1/2 your social security, reaches: Married Filing Jointly: $32,000 Single or head of household: $25,000 Married Filing Separately: 0        

Up to 85% of your Social Security benefits can be taxable on your federal tax return.  There is no age limit for having to pay taxes on Social Security benefits if you have other sources of income along with the SS benefits.  When you have other income such as earnings from continuing to work, investment income, pensions, etc. up to 85% of your SS can be taxable.     What confuses people about this is that before you reach full retirement age, if you continue working while drawing SS, your benefits can be reduced if you earn over a certain limit. (For 2021 it was  $18,960.  For 2022 it was  $19,560  —  for 2023 $21,240)  For 2024, $22,320.  For 2025 it will be $23,400   After full retirement age, no matter how much you continue to earn, your benefits are not reduced by your earnings; your employer will still have to withhold for Social Security and Medicare.  If you work as an independent contractor then you will pay self-employment tax for Social Security and Medicare.   To see how much of your Social Security was taxable, look at lines 6a and 6b of your 2024 Form 1040   https://www.irs.gov/help/ita/are-my-social-security-or-railroad-retirement-tier-i-benefits-taxable   You need to file a federal return if half your Social Security plus your other income is   Single or Head of Household      $25,000 Married Filing Jointly                  $32,000 Married Filing Separately            $0   Some additional information:  There are 9 states that tax Social Security—Colorado, Connecticut,, Minnesota, Montana, New Mexico, Rhode Island, Utah, Vermont  and West Virginia These states offer varying degrees of income exemptions, but two mirror the federal tax schedule: MN and VT.         IF YOU WANT TO HAVE TAX WITHHELD FROM YOUR SOCIAL SECURITY BENEFITS   https://www.ssa.gov/manage-benefits/request-withhold-taxes https://www.irs.gov/forms-pubs/about-form-w-4-v      

we are unsure why you say the distribution is not taxable.    if you made non-deductible contributions to your IRA you should have been filing form 8606 each year. then the non-taxable portion is the nondeductible contributions you made to all IRAs divided by the account value of all IRAs at year end times the distribution amount. If you have a different situation, please clarify.