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Hi RogerD1   Thank you for your reply.   It appears my TurboTax version is different than yours.    I am using the TurboTax Deluxe + State (Illinois) Windows version.   I confirmed just before this reply that all updates have been applied.    "When you are in your IL return and get to a screen with the heading "Take a look at Illinois credits and taxes","   I am on the "Take a look at Illinois credits and taxes" page. There are only two sections "Personal, home and family credits" - there are 7 options listed. None are applicable for "Illinois Gives." "Taxes" - there are 3 options. None are applicable for "Illinois Gives." None of the choices under either section includes "Other credits."   "scroll way down to the Other credits section and open it up by clicking the arrow at the far right of the section. " You cannot scroll; there is no option to do so on the "Take a look at Illinois credits and taxes" page. Everything is visible on the page.   There is no "Other credits" section, nor any other sections on this page.   The only options are the "Back" and "Done with credits and taxes" buttons.  

@Opus 17 wrote:   Any mortgage you later take out on house #2 will not be deductible unless you take that loan out within 90 days of closing on house #2.   If it is used to refinance that other loan, I think it would still be deductible.  Refinancing a debt that was used to purchase a home is still considered as used to purchase a home.    

With this Form 1099-R entered properly, TurboTax adds to AGI only the amount shown in box 2a.  The amount from box 1 is added to Form 1040 line 4a but only the amount from box 2a is added to line 4b as taxable.

@wheresjonny  thankyou for your response.  1.  As I said earlier FBAR form is simply a notification i.e. an information form --- US Treasury under its agreements  with foreign financial institutions already has most of the information and  a US person's  filing form 114 just  confirms and/or closes any missing information .  While filing is voluntary and not a tax event,  willful ignoring ( i.e. not filing when eligibility is met ) can attract onerous  penalties. 2.  US LLC protection is not applicable in cases of foreign claims i.e.  an llc owner is not protected/ limited-liability  is not valid in case of claims by a foreign person in a foreign jurisdiction. The dis-regarding ( of  entity ) is only for US tax purposes. 3. I do not understand your reference to form 5471.  Nor do I understand  the need/ advantage of owning a foreign entity just to own/operate  a single  income property. However, I do agree  that if this income stream ( i.e. owning / operating rental/income properties and multiple of these )  is large and/or complex  enough then a local entity is probably the best way forward.  Even in such a case , however, for single member LLC (  organized under the laws of resident state ) may be an overkill.  I am a strong believer in KISS ( Keep It Simple Stupid ) principle -- there are less things to go wrong. 4. Schedule-E support includes  asset depreciation.  Form 1116  is definitely supported  in H&B.   TurboTax Advantage ( I think ) is only a program to automatically  renew subscription/purchase of  selected product at the end of each year --- you don't have to take any steps to order the new  product each year. 5. As I understand the  TurboTax desktop products  -- each  supports all the required forms but the  "step-by-step" interview is graded i.e. more  items are supported as one goes up the product line-up.   The  Home & Business  covers  from the simplest to the most complex.   6. The  TurboTax Business product   ( not H & B ), supports  entity (  partnerships, S-Corp, C-Corp etc. ) filings ONLY.   Is there more I can do for you ?

You can contact support speak with someone from BILLING (don't ask about refunds - you will get sent to a tax refund help line).      How to Contact Phone Support for TurboTax - Click on that link to speak to someone.    

Yes, you are correct that for calculating additional income tax amounts, you will want to use the marginal rate to get an estimate of the anticipated amount of tax you will owe.  The higher tax brackets cover a very wide range as can be seen on the following link - IRS Tax Bracket 2025 .  Unless you are making a very large conversion, it's likely that the conversion will fall completely into one of these brackets..  These brackets will get inflation adjusted for 2026, but also keep in mind that the tax code is written in pencil, so tax law changes can also affect the amount of tax on the conversion.

In reply to M-MTax   "Jesus! Not happening and the "right thing" is earning profits for their shareholders."   Earning profits for shareholders usually results from product sales. Not selling Turbo Tax software to Windows 10 users does NOT earn profits for shareholders...

In this area the behavior of TurboTax Online is unchanged from 2024 TurboTax.  The page that asks, "Do any of these situations apply to you?" has a box to mark to indicate that you had a portion transferred to charity.  TurboTax asks for your basis in nondeductible traditional IRA contributions and your year-end balance in traditional IRAs after you click the Continue button on the page that lists the Forms 1099-R that you have entered.    

You have not asked a question.  Best guess---you are looking for your 2024 return:   You have to access your own account and/or  print it for yourself using exactly the same account and user ID that you used when you prepared the return.    https://myturbotax.intuit.com/   Start a 2025 return online and enter some personal information  so that the menu on the left opens up and lets you access your past year returns.   https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/01/27010     https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m5y4ch1y   Many people have multiple TT accounts and forget how to access them.  Log out of the account you are in now.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/many-intuit-accounts-turbotax/L9aVfKS1Z_US_en_US?uid=ll5g6zcx Account Recovery     Or did you use the desktop version of TurboTax?  If so, the files are on your own hard drive or any backup device you used like a flash drive.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/find-last-year-tax-data-file-tax-file-computer/L0XJvPaJr_US_en_US   https://ttlc.intuit.com/turbotax-support/en-us/help-article/data-systems/find-tax-data-file-mac/L4VNGm33S_US_en_US?uid=m6guhab0   You can get a free transcript from the IRS or for a fee of $30, an actual copy of your tax return. https://www.irs.gov/individuals/get-transcript https://www.irs.gov/pub/irs-pdf/f4506.pdf       SAVE YOUR TAX RETURNS ! EVERY year before mid-October you should save a copy of your tax return as a pdf and print a copy of it for your records.  That way you will not be searching online frantically when you need it for a lender, FAFSA forms, your next tax return, etc.    https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m6guj526   https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m78eb8pc In order to transfer a past year return to the new return you need the tax file   https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-turbotax-online-return-tax-data-file/L4xwOG3LF_US_en_US?uid=m6guk3xl   NOTE:  TurboTax and the IRS save returns for seven years.  Returns older than seven years are purged.        

For those that say that Turbo Tax is superior to H & R Block - That may be so true! Unfortunately, the whole reason I am even considering H & R Block software is that our friends at Turbo Tax have “thrown the monkey wrench into the works” and not allowed it for use on a Windows 10 computer. For those that say that the on line version of Turbo Tax that stores your personal data up on a server somewhere is the same as using a desktop version of the software where your data is contained and controlled by you - the same because you have always transmitted your finished tax return to the IRS:   The finished tax return that is transmitted to the IRS is a onetime transfer of an encrypted file. The IRS gets it - and yes, if they get hacked that is not good… BUT, my data has always been in my control - not on a server somewhere. I actually use a plug in hard drive for my tax and financial data and I unplug it when not in use.