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Yes. To avoid a the 6% excise tax penalty you should contact the HSA provider to withdraw the excess contributions (and earnings) before the tax filing deadline.    The funds will indeed be sent directly to you, usually via a check or a direct deposit to your linked personal bank account. Because this money was originally contributed tax-free, receiving it back as cash means it must now be treated as taxable income, but you'll not have to pay the penalty.   For some more information, see Basics of Health Savings Accounts

To be eligible to participate in the $150 offer, it states, the return must be filed by 03/31/2026, 11:59 PM. Please see this link for the offer details: Lock in $150 expert filing. Upload your tax docs by 3/31.   The Customer must: Not have had a TurboTax expert file taxes for their 2024 personal tax return for them. File 2025 personal taxes with Expert Full Service by 3/31/2026, 11:59pm ET. You can contact TurboTax Customer Support for additional information using this link: Turbo Tax Customer Support. If you have any additional questions or information, please return to TurboTax Community and we would be glad to help you.

Income that you make from Amazon (selling, affiliate, or Vine) is considered self-employment income and is reported on a Schedule C of your 1040. The good news is that you can deduct ordinary expenses that you incurred making this income.   To add your self-employed business income.  Follow the steps below: Go to Wages & Income Select Self-employment TurboTax will guide you through adding your business, income and expenses. Refer to the TurboTax article How do I report income from self-employment?  and o  Reporting Self-Employment Business Income and Deductions for additional details.   You will have to upgrade to TurboTax Premier or Home & Business (if you're not already in one of these products) to add your business expenses.   For additional information, review the TurboTax help article:  What self-employed expenses can I deduct?    You will ‌also be subject to self-employment taxes. Self-employment taxes and deductions are calculated on Schedule SE.  For additional information, please see the TurboTax article Self-Employed Federal Income Taxes.

Stocks, stock rights, and bonds (other than those held for sale by a securities dealer) that became completely worthless during the tax year are treated as though they were sold on the last day of the tax year.    A stock may become worthless when the corporation files for bankruptcy, stops doing business, and has no assets. Financial difficulties will not make a company's stock worthless unless there's no hope that the company will survive.  Worthless stock includes abandoned stock, permanently surrendered for no consideration.    Enter a worthless stock like any stock sale but with a sales price of zero and the word worthless in its description. Enter the correct cost or basis, date acquired, and December 31 as the date sold.  See IRS Publication 550 Investment Income and Expenses, page 54.    In TurboTax Desktop, follow these steps:      Across the top of the screen, click Federal Taxes. Across the top of the screen, click Wages & Income. Click I’ll choose what I work on. Scroll down to Investment Income. Click to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B). Click Add investments. On the Let Us Enter Your Bank and Brokerage Tax Documents screen, select Skip import. On the OK, let's start with one investment type screen, select Stocks, Bonds, Mutual Funds, then Continue. At the screen Which bank or brokerage, enter the information.  Click Continue. Do these sales include any employee stock, enter No. Do you have more than three sales, enter No. Do these sales include any other types of investments, enter No. Did you buy every investment listed, enter Yes.  Continue. On the screen Now, choose how to enter your sales, select One by one.  Select Continue. At the screen Look for your sales on your 1099-B, select Continue. You will now be able to enter the worthless security.  Include the word worthless in the Description.  Enter $0 total proceeds (sales) and your cost basis, along with the sales category.  Date of sale will be December 31.  When finished, select Continue. At the screen Let us know if any of these situations apply to this sale, select This was a worthless security.  Select Continue. At the screen Review your sales, select Add another sale as necessary. When completed, close the record and click Continue.

Here is what I have based on your guidance. Zero gain and zero sales expense for all but the land & building. Does this look right? Thanks   Asset       Cost            %             Sale_Expense    Depreciation_Taken    Adjusted_Basis    Sale_Price    Capital_Gain Land           $300,000    77.78%    $31,606          $0                          $331,606          $700,000    $368,394 Building    $200,000    22.22%    $9,030             $70,000                $139,030       $156,000    $16,970 Remodel    $20,000     0%             $0                   $5,000                 $15,000             $15,000          $0 Roof            $30,000     0%             $0                   $1,000                $29,000             $29,000          $0 TOTAL        $550,000    100.00%    $40,636    $76,000                $514,636          $900,000    $385,364

Yes, these improvements may qualify for a credit.    For your solar panels, you can claim the Residential Clean Energy Credit, which allows you to deduct 30% of the total cost of the system from your federal taxes. The costs can include the solar modules themselves, the mounting equipment, wiring, and all labor costs associated with the installation.    Regarding a new roof, a standard roof replacement does not qualify for a federal tax credit, even if it was a necessary prerequisite for installing solar panels. The only exception applies if you installed "solar roofing."   Finally, for your new heat and AC units, you can utilize the Energy Efficient Home Improvement Credit. For a high-efficiency electric or natural gas heat pump, you are eligible for a credit of 30% of the cost, capped at $2,000 per year. If you installed a high-efficiency central air conditioning unit or a high-efficiency furnace instead, the credit is typically capped at $600.    Here is how you can enter the cost for the credit: 1. Upon opening TurboTax, choose Deductions & Credits on the left side of your screen, then Deductions and Credits Summary 2. Locate Your Home  3. Start/Revisit Home Energy Credits 4. Complete the interview to enter your costs.   Here is an article that may be helpful: Energy Efficient Home Improvement Credit (EEHIC)

What is the problem you are having with that?  Are you not receiving the email verification code, or is the code you get not working?      If you are not receiving the email with the code, check your email's spam/junk folder to see if the code is ending up there.   If that's not the problem, you can go to your settings in your Intuit Account and may be able to verify your email address there if it's not verified.  Or you can change the email address if desired (using the steps below.)     Here's how:   In the left menu column scroll way down to Intuit Account. Then once in the account choose tab Sign In & Security. See if your email address has a tiny link beside it that says "not verified".  If so, click that to verify. Perhaps once you verify it there in the account settings, it won't ask you to verify it again when you are efiling. Or you can change the notifications email address, if desired.  If you do, also verify it while you are in the account settings. If after all that, you still can't resolve your issue, here's how to reach TurboTax Support 5AM-9PM Pacific, 7 days/week.   FAQ: What is the TurboTax phone number? https://ttlc.intuit.com/community/using-turbotax/help/what-is-the-turbotax-phone-number/00/25632   If you use Free Edition and don't have phone support, another way to reach them if you have social media is to direct message a Support agent: https://x.com/TeamTurboTax or https://www.facebook.com/turbotax

KanCare is the Medicaid program for Kansas. It is not a direct part of the Affordable Care Act (ACA) Marketplace. It is  jointly funded by federal and state funds. Kansas is one of the states that did not expand their Medicaid program under the ACA to cover all adults with incomes up to 138% of the federal poverty level. Please return to Community if you have any additional information or questions and we would be happy to help.

The 1099-C details will not show on the tax return itself.  Only the amount of debt cancellation will show on Schedule 1, line 8c.  In order to get the details of 1099-C you will need the actual form itself or download a copy of your wage and income transcript and see if the 1099-C information is listed there.   Here's the IRS link where you can go to, to log in to (or create) your IRS account and download your Wage and Income transcript: Get your tax records and transcripts