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@Sreeb Change in the tax laws is the reason for the delay. Even the IRS website does not have all the forms and instructions or worksheets for 2025 posted.   The first day available to file with the IRS is January 26.  

Have you contacted the broker and asked them to provide proof that your SPY options are 1256 contracts? We can not provide guidance on what to do if the broker won't change the reporting. The IRS will match what you report with what the broker reports. At that point, you may have a chance to appeal, but that could be costly.   Maybe find a broker that doesn't treat them as section 1256 options.

When I try I get this:   Since you already paid for TurboTax, you can no longer clear and start over.   I have not paid for it and it was free anyway so I really haven't paid at all.  But it thinks I have?

In TurboTax Online, you are able to return to Dependent information by clicking on My Info down the left side of the screen.   You may see the dependent information.     Or you may need to click the down arrow to the right of your name.   Continue through to the screen About your household and the question Do you have any dependents?    

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 $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  

@Sreeb wrote: I also would like to know the answer to this question. I've been using Turbo Tax since 1996 and never encountered a problem like this. Only the programmers can answer that question and they do not access this forum. The Form 1099-R section is estimated to be finalized and available in TurboTax on 01/21/2026

To complete and file a 2024 tax return using TurboTax you would need to purchase, download and install on a personal computer one of the 2024 desktop editions from this website - https://turbotax.intuit.com/personal-taxes/past-years-products/   A 2024 tax return can only be printed and mailed, it cannot be e-filed using TurboTax.

Yes, if you haven't filed your tax return, you can clear all of the data from the tax return, but the Login will still exist.   Log back into TurboTax Select an Item like Personal Info from the center listing Then click on Preview/Edit or Continue This will turn on the left side menu In the bottom left choose Switch Products Then select Clear and Start 

To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/ Scroll down to the bottom of the screen and on the section Your tax returns & documents.  Click on the Year and Click on Download/print return (PDF)   If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created.  TurboTax does not store online any returns completed using the desktop editions.   Go to this IRS website for free transcripts of a federal tax return - https://www.irs.gov/individuals/get-transcript   For a fee of $30 you can get a complete federal tax return from the IRS by completing Form 4506 - http://www.irs.gov/pub/irs-pdf/f4506.pdf