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These steps will report the income and report the same amount as a negative adjustment.  Ignore any messaging that says do not enter Form 1099-MISC or Form 1099-NEC in this manner.   Go to the Income section of your return Scroll to the Less Common Income category Click Start or Update beside Miscellaneous Income, 1099-A, 1099-C Scroll to the bottom of that section and click Start or Update beside Other reportable income Answer Yes Enter your description (include Form 1099-NEC as part of the description) and amount for the income you received Enter your description and a negative amount for the income you received   The end result is that no additional income is reported on your return, but there are two income entries shown on Form 1040 Schedule 1 line 8z.  

Is the amount sent/issued by the IRS the same as the refund amount shown on your federal tax return Form 1040 Line 35a? - https://www.irs.gov/refunds If not, then go to this IRS website for information on reduced refunds - https://www.irs.gov/taxtopics/tc203 Are you also receiving a state tax refund? If so, the state refund is sent directly to you based on how you chose to receive the state tax refund. Use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_US_en_US?uid=m7ulm2n7   If you requested to have the TurboTax account fees deducted from your federal tax refund, the IRS will send the refund to a third party processor to have the fees and the $40 service charge deducted. The third party processor will deduct the TurboTax fees plus the $40 service charge and then attempt to direct deposit the remaining refund balance into the account that you entered on your tax return. For the status of your tax refund you will need to contact the third party processor, Santa Barbara Tax Product Group, using their website - https://www.sbtpg.com/ Tax Products Group Contact Information - https://help.sbtpg.com/hc/en-us/articles/230084587-Contact-Information Call 1-877-908-7228 Or email - TPG-CSsupport@greendotcorp.com

Your federal refund can be less than the amount shown on your tax return for several reasons. Common causes include the IRS applying your refund to unpaid federal or state tax debts, child support, student loans, or other federal obligations. Another reason could be holds due to suspected fraud or issues with your bank account information for direct deposit. If your refund amount doesn't match what you expected, you can check the status by calling the IRS automated refund hotline at 800-829-1954. If you believe your refund has been reduced due to offsets or holds, the IRS can provide specific details.

Form 1095-A, also called the Health Insurance Marketplace Statement, is a tax form for people who bought health insurance through the Marketplace. It shows your coverage, premiums, and any advance premium tax credits you used. You need Form 1095-A to complete Form 8962, which calculates or reconciles the Premium Tax Credit on your tax return.   To enter Form 1095-A in TurboTax Online, follow these steps: 1. Go to the Federal section of your return. 2. Select Deductions & Credits. 3. Scroll down to the Medical section. 4. Find Health Insurance Marketplace (Form 1095-A) and select Start. 5. Answer the questions and enter your 1095-A details exactly as they appear on the form. If you have multiple 1095-A forms, you can enter more than one. Make sure the information matches your form to avoid filing errors.

@Judy55 When using the desktop editions, Continue the tax return that needs to be amended. Click on Federal Taxes (Personal using Home & Business) Click on Other Tax Siturations Under Other Tax Forms On Amend a return, click on the start button

IRS website for information - https://www.irs.gov/payments/pay-taxes-by-electronic-funds-withdrawal   Once your return is accepted, information pertaining to your payment, such as account information, payment date, or amount, cannot be changed. If changes are needed, the only option is to cancel the payment and choose another payment method. Call IRS e-file Payment Services 24/7 at 888-353-4537 to inquire about or cancel your payment, but please wait 7 to 10 days after your return was accepted before calling. Cancellation requests must be received no later than 11:59 p.m. ET two business days prior to the scheduled payment date. Go to this IRS website to make a tax payment after you cancel the current payment - https://www.irs.gov/payments

If you had employer-sponsored insurance, you probably received Form 1095-A or 1095-B.  Form 1095-B is sent by insurance providers or small employers (under 50 employees). It proves you had minimum essential coverage (MEC) for you and your dependents, as required by the Affordable Care Act. Form 1095-C is provided by large employers (50+ full-time employees). It details the health insurance the employer offered employees and is used to confirm employer compliance with the ACA. It shows which months you were eligible for coverage. You don’t need to enter Forms 1095-B or 1095-C in TurboTax, but keep them for your records.

I made a HUGE mistake on my return.  It's already been accepted by the feds and one state (the other state is still pending).  I understand that I have to wait to file an amended return until after I've paid the taxes (most of which I will get back--it was a really huge mistake).  But I went looking for the 1040X and it's not there.  How do I tell Turbotax that I need to file an amended return (by the way, I'm not doing Turbotax online; I downloaded it to my computer)?  Even though the information that my return was accepted is in there, Turbotax does not offer the option of doing an amended return.

Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund.    If accepted by the IRS use the federal tax refund website to check the refund status - https://www.irs.gov/refunds If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...   After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website.

Form 1095-A, also called the Health Insurance Marketplace Statement, is a tax form for people who bought health insurance through the Marketplace. It shows your coverage, premiums, and any advance premium tax credits you used. You need Form 1095-A to complete Form 8962, which calculates or reconciles the Premium Tax Credit on your tax return.   To enter Form 1095-A in TurboTax Online, follow these steps: 1. Go to the Federal section of your return. 2. Select Deductions & Credits. 3. Scroll down to the Medical section. 4. Find Health Insurance Marketplace (Form 1095-A) and select Start. 5. Answer the questions and enter your 1095-A details exactly as they appear on the form. If you have multiple 1095-A forms, you can enter more than one. Make sure the information matches your form to avoid filing errors.

Whether you are tracking inventory or just want to enter the information to track your cost of goods sold, the following TurboTax help article will guide you to the correct place to report this in your return.  It is under the Inventory and Cost of Goods expense section of your Schedule C.     Do I need to report inventory?  

TT finally got QTP functioning?  Nice.  Yes, I am in the same Michigan boat but...   Taxes are owed to the state of Michigan regardless, so I will not spend $25 to electronically file for any tax obligation.  I will simply print and send physical forms (and amend if necessary) if and when the state decides precisely how to claw back a few dollars.

Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued   Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund.  Only the taxpayer listed on the tax return can obtain the status of a tax refund or a tax return.   If accepted by the IRS use the federal tax refund website to check the refund status - https://www.irs.gov/refunds   After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website.   Call the IRS: 1-800-829-1040 hours 7 AM - 7 PM local time Monday-Friday

Why? - Form 5498 is not normally issued until May and is not needed to file and not directly input into Turbotax as a form like a 1099 - it will confirm activities that you should have already included in your return in the deductions&credits IRA section for contributions, or in the income section if you have a 1099-R.   You may be asked for market value of your IRA(s) as of 12/31/25 e.g. in the 1099-R or IRA section for Form 8606 Line 6 - and Turbotax suggests you need 5498 for this which is misleading - you should use your year-end brokerage statements for this (per IRS instructions).