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The IRS expects most Earned Income Tax Credit (EIC/EITC) and Additional Child Tax Credit (ACTC) related refunds to be available in taxpayer bank accounts or on debit cards by March 2, 2026, if they chose direct deposit and there are no other issues with the tax return.   What is the PATH Act and How May it Impact Your Taxes?

No, you should not have received Form 1095-A.  Form 1095-A reports information about health insurance form the Health Insurance Marketplace - aka Obamacare.  Even if you were insurance was through Healthcare.gov, since you were on your parent's policy, the Form 1095-A they received would have included your information.  Unless you provided more than 50% of your support you should be filing as a dependent, meaning you indicate that someone can claim you as a dependent.  

I don't know what happened but after classifying the asset as Sales and then changing to Casualty loss, I am getting 60K as taxable income. However now I am getting 60K income from form 4797 which shows in Form 1120S and additional 60K in 1120S in Schedule K. I am getting a total income of 120K plus actual income. Is Turbo Tax for business messed up? or am I dumb. I have spent hours on this issue now.

You say, 'If you're using TurboTax Desktop, try clicking into other areas of the program and back to the entry, or open TurboTax in an incognito window to complete payment."   I started my message that I was using the Desktop version and have clicked many other areas and come back to payment.  Opening and closing program multiple times.  It won't pass the 'snag' as they call it.  Not helpful error.   HOW do you "open an incognito windows" on Desktop version?  Where's the hidden browser?  

To report a qualified charitable distribution on your Form 1040 tax return, you'll use the 1099-R (even though there's no indication that it was a QCD). Enter the info as a 1099-R and you'll be asked in one of the follow-up questions if it was a Qualified Charitable Distribution.   TurboTax includes the full amount of the distribution reported on your Form 1099-R on line 4a (IRA Distributions) of your Form 1040 or 1040-SR. The taxable amount reported on Line 4b will be the total distribution less the QCD amount and will have "QCD" entered next to it.   Qualifications You must be 70 1/2 or older to make a QCD. A QCD can be made when you reach the age of 70 1/2, even if you're not subject to RMDs until the age of 72 or 73. The maximum annual amount that can qualify for a QCD is $108,000. This applies to the sum of QCDs made to one or more charities in a calendar year. If you file taxes jointly, your spouse can also make a QCD from their own IRA within the same tax year for up to $108,000, for a potential total of $216,000. For a QCD to count toward your current year's RMD, the money must come out of your IRA by your RMD deadline, generally December 31. Contributing to an IRA may result in a reduction in the QCD amount you can deduct. If you make a deductible IRA contribution after you turn 70 1/2, it'll reduce the amount of the QCD that's excluded in your gross income.   Additional Rules for QCDs

Form 1095-A is mailed to you during mid to late January.  You can also download it online by logging into your marketplace account where you got the policy.  If someone helped you get the policy, contact them to get your Form 1095-A.  Here are some helpful links that give more info on 1095-A:   Where do I get my 1095-A form? Where do I enter my 1095-A? Marketplace login

In NJ, your contributions were taxed going in, but not out, or you are double taxed on that money. Fidelity is one company that reports 457 monies on W2 in the box 11, nonqualified plans. Same would be for 403b money.  You need 3 numbers:  1) On line 1, you need to enter your total contributions. This number goes down each year as you withdraw money as some of it is contribution money and the rest is gain, so keep track yearly. 2) Your account value on 12/31/25 you need to enter on pension Wks -SP (Found in the view forms drop down, search). Enter this on Part D line 2.  3) On line 4 you enter your distribution (W2 box 11). Line 5a the program calculates the amount of the account (%) that is non-taxed money. This amount gets entered on NJ 1040 line 20 b  Line 5b the program will subtract non tax money from total distribution to give you the taxable amount. enter it on line 6 and on  NJ 1040 line 20a. I talked with a tubotax accountant 2 years ago and it's still not fixed. They should prompt in the step by step to do this.  

I am having the exact same issue, and I have gone through this whole process with my financial advisor. We filled out the questions exactly as you have stated here, and TurboTax is still trying to qualify this as a taxable event when it should NOT be. This is a software issue, not user error.