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The usual rule, for a gift, is that the recipient's basis is the giver's basis (what you parents paid for it). But there is an exception for the gift of your parent's home, where they retained the right to live there ("life estate"). "If they give away part of the home and keep a life estate in that home..... the cost basis of the house is "stepped-up" to the value of the house on date of death [IRC 2036]") More info: http://www.law.cornell.edu/cfr/text/26/20.2036-1   A life estate does not have to be explicitly established in the deed. Your parents probably had an "implied life estate." If so, that would give you the stepped up basis. There is case law on this.  http://accessiblelaw.org/Documents/LifeEstates-Inheritances.pdf   You may want to Check with a lawyer.

Excess accumulations fall into two categories:  those that are corrected within the correction window and those that are not corrected within the correction window.  Unless the penalty is waived for good reason, those corrected within the correction window are subject to a 10% penalty while those not corrected within the correction window are subject to a 25% penalty.  Part IX lines 'a' relate to those corrected within the correction window and lines 'b' relate to those not corrected within the correction window.   The correction window runs to the end of the second year after the year of the missed distribution except in cases where the IRS issues a deficiency notice or assessed the penalty before then.  For a missed 2024 RMD, the correction window would generally run to the end of 2026.

Sorry--no.    IF TurboTax has refund loans available for 2025 tax returns, it will be in January.   For the past several years TT has offered refund loans which you must be eligible for, and the money is not issued to you until the IRS accepts your e-file.   The IRS does not begin to accept e-files until late January.

You are pretty spot on as to how I think about it.  Taxation is two things:  theft and voluntary. The Viners that pay tax on the items they receive, do so voluntarily and once you do so, setting a precedent, the IRS holds you to that.  These payers also get very mean and nasty to those who see it differently and do not offer to pay taxes.  I believe the 6 month rule and the inflated ETV are the factors that cause this theory to not hold water. 

if you don't pay the mortgage, you can't deduct the interest   you may want to see the article https://www.withum.com/resources/parent-buys-house-kid-pays-the-mortgage-who-gets-the-interest-deduction/    note the difference in your case in that your daughter is on the title.      

flex?  The refund advance closed for 2024 in Feb 2025.   The refund Advance usually starts in January and just when you are ready to file. And only if they offered it to you. You can't self select it. Then you don't get it until AFTER your efile is Accepted by the IRS which is usually late January. https://turbotax.intuit.com/refund-advance Footnote says…..Funding occurs after IRS acceptance. IRS accepts returns starting late-Jan.

The Desktop program came out today 11/4/25 for the Advantage auto-renewal plan members.   It should come out for everyone else in the next couple weeks.  The Online versions should open in late November or early December.  So keep checking back.  

It's not clear what you want to change. Do you mean that you have a job where you get a W-2, and you want to change to being an independent contractor for the same company? If that's what you want to do you have to make the arrangements with your employer. Or did you already change to being an independent contractor, for the same company or a different company, and you want to know how to change the version of TurboTax Online that you are using? If all of your self-employment income is shown on a Form 1099-NEC, and you have no business expenses, you can use TurboTax Deluxe Online. If you have expenses, or you have self-employment income that is not reported on a 1099-NEC, you have to use TurboTax Premium Online. When you start your tax return select the Premium edition. If you need to upgrade the edition you are using, see the following. How do I upgrade to a different TurboTax Online product?  

Is it a single-member LLC or multi-member?   If it is multi-member, are you and your spouse the only members? If so, what state are you in?   Has the LLC filed Form 8832 to elect to be treated as a C corporation or Form 2553 to elect to be treated as an S corporation for tax purposes?  

Turbotax 2025 is out and...you guessed it, it's still compiled for Intel only. I hear they're still trying to find that universal binary switch in Xcode that Apple hides so well. I think we have to question their competence at this point.

for regular income tax purposes, it should be the capital loss in excess of $3000 + the amount taxable income is negative.  early releases will likely have bugs which will be fixed as updates are released. this issue probably has already been reported for fixing but you ca always contact support.