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Once your account is established it cannot be deleted. However you can remove any data or use the 'Clear and Start Over' function then start your return again.  This function will work if you have not yet paid for your return.  How do I clear and start over?

The RMD calculation in TurboTax is based on your answers to the interview questions, not your actual bank records. If TurboTax is showing a penalty you don't owe, deleting the forms and starting fresh is the most reliable fix.   First, delete the original Form 1099-R and Form 5329:   Go to Tax Tools on the right hand panel inside of TurboTax Click on the down arrow and scroll down to Tools Click on Tools and select Delete a form from the menu items that appear in the Tool Center Click on the trash can icon to the right of Form 1099-R and Form 5329   Now, click back on Income in the Federal section to return to input the Form 1099-R information again:   Go to Wages & Income on the left panel within your TurboTax account Scroll down to Retirement Plans and Social Security and click on the down arrow to the right Click Start to the right of IRA, 401(k), Pension Plan Withdrawals (1099-R) Click the Yes box when you see, "Did you get a 1099-R...?" Click the "Enter a different way" box Click the "Type it in myself" box Click on the box that pertains to your type of 1099-R (typically the first box), Continue Next, you will see, "Enter your 1099-R provider's info", complete that, then Continue Next, you will see "Enter your 1099-R details from _". Enter the information from the original Form 1099-R that you received Ensure the details from your Form 1099-R are correct checking for which Distribution Code was used in Box 7 (or review if imported), then Continue Continue through until you reach, "Let's get more information about your Required Minimum Distribution (RMD)", enter your RMD due by December 31 Note: Only enter the portion of your RMD that was satisfied by this specific 1099-R. Do not enter your grand total RMD for the year on every 1099-R screen. If you have two 1099-Rs, the RMD amounts you enter for each should add up to your total requirement, not repeat it Next, you are asked, "How much of this distribution applied to your December 31 RMD?" If you select "Some", you will need to enter the amount of the distribution that applied to your RMD You will reach "Review your 1099-R summary", press Continue (not the pencil) and additional questions will generate for you to answer When you reach "Let's go over any required minimum distributions (RMD)", Continue (not the pencil)   The above steps should resolve the incorrect penalty calculation.

@jamesyoung17    IF your taxable income,  is already reduced to zero, then using more deductions doesn't get you anything more. AND IF your taxable income is already reduced to zero by the Std Ded...then that is usually better to use since any Stat refund won't become Federal incoem next year.  IF you choose to use Itemized deductions anyhow...then any state refund you get this year, will become taxable Fed income next year.

Follow the steps here to correct your entry. When you are entering a roof as a capital improvement, not the building itself, there should be no land value entered into this asset. Go back to remove that entry and if necessary enter a zero. Also be sure you selected Rental Real estate property as the asset category and residential real estate as further description, if applicable. Zero for value of land.

Do you mean apply from your 2024 REFUND?     If it didn’t transfer over from last year, then enter a Federal and state refund from last year that you applied to this year here. BUT first make sure it’s not already there. You don’t want to apply it twice. It will be on 1040 line 26. To enter or delete a Federal or State Refund from last year that you applied to this year, go to Federal (or Personal for Home & Business) Deductions and Credits Then scroll way down to Estimates and Other Income Taxes Paid Other Income Taxes - Click the Start or Revisit Next page scroll down to 2024 Refund Applied to 2025  

Did you have any GAINS in 2025?   It must have used up the carryover loss from 2024.    When you started 2025 did it transfer from 2024?  Maybe you need to enter the carryover loss?   Each year you get to first offset the carryover loss against any gains you have each year so that can use more of it up. Then after applying the loss to the current gains if there is still a loss, you can take a max loss of 3,000 per year.   Maybe you need to double check the carryover loss from 2024.   And check 2025 to see how it's applying the 2024 loss.   Check Schedule D line 6 and 14. Then there are 2 worksheets…. Capital Loss Carryover worksheet showing the carryover from the prior year and the current amounts. Capital Loss Carry Forward worksheet showing the amount transferring over to next year. In the Online version you have to save your return with all the worksheets as a pdf file to your computer to see the Capital Loss worksheets. You need to use Online Premium to enter a Capital Loss Carryover and investments. Or any of the Desktop programs. In the Desktop program you can switch to Forms Mode and open the worksheets.

If you have not registered, paid or e-filed you can clear and start over. CLEAR AND START OVER   https://ttlc.intuit.com/turbotax-support/en-us/help-article/change-service-level/clear-start-turbotax-online/L37BZFuBV_US_en_US?uid=m6b26ost

@user17757554846 , are you saying that you do not see the amount in section IV of Schedule-1A  ( think it is line 36 ) ? Note that there is  phaseout  based on income.   Please answer  and I will try to replicate the issue --- I have windows desktop  Home & Business.   I will circle back once I hear from you --yes ?

Yes, you likely got it but it's not where you might expect.  First be sure you have the correct birth date for each spouse. Next you can preview your tax return because it's not part of the standard deduction. It is a separate deduction from income and not a credit. See the instructions below to check for it on your tax return. To qualify, the following must apply: If your income is above $75,000 ($150,000 if Married filing jointly) the bonus deduction decreases by $.06 for every dollar over the relevant amount.  This deduction is available whether you itemize or take the standard deduction. If your filing status is married filing separately you are not eligible for this deduction. This bonus deduction is ONLY for those over 65, it does not apply to those who are blind and under 65.   From the left rail menu in TurboTax Online, select Tax Tools (You may have to scroll down on the left rail menu.) Select Tax Tools On the drop-down select Tools On the pop-up menu titled “Tools Center”, select View Tax Summary  On the left sidebar, select Preview my 1040  See Line 13-B on your 1040 for the amount. Additional deductions from Schedule 1-A, line 38 For TurboTax Desktop, change to 'Forms' and review the forms.      

@user17759445623 , understand your frustration with the process, abstruse questions and unclear direction. So please accept my apologies ( I am a volunteer helping users and have no financial or otherwise connection with Intuit).  But before I can create a reasonable step-by-step instruction for you I need some facts" (a) Are you a US person  ( citizen/GreenCard) ? (b)  Where is your tax home ?   Has it been so for the whole of 2025 or only part of the year? (c)  Are you trying to exclude/ take Foreign Tax Credit for wages/ self-employment for  part year or for the whole year of 2025 ?  Is this because  you are dual status for 2025 or what ?   Please answer my questions and I will happy to help you through this. I will circle back once I hear from you--yes ?