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If we have a legitimate exception and TT did not prompt us to fill out this form...   1.  Is it too late to file this the 500C after the return (I have already received a bill from VA for underpayment, even though I clearly meet multiple exceptions listed on 500C   2. Will TurboTax business desktop 2024 pay us back/reimburse us for the penalty due to the fact this form was not filed as the software does not prompt you to complete this form. 

Are you running TurboTax in Windows? If so, do you have Norton 360 (Norton Antivirus) on your Windows computer? Norton 360 prevents TurboTax from running after the most recent TurboTax update. If that is your situation, try temporarily disabling Auto-Protect. If that allows TurboTax to run, post back here and I will give you instructions for adding an exception to Norton 360 to allow TurboTax to run. Here are two ways to temporarily disable Auto-Protect. 1. Right-click the Norton 360 icon in the taskbar. On the pop-up menu click Disable Auto-Protect. 2. Open Norton 360. Click Settings, then Antivirus. Click the toggle for Auto-Protect. Whichever way you do it, it will offer you choices for how long to disable it. Select 10 minutes. Then see if TurboTax will run.  

@ScottAHermann wrote: The fair market value stayed about the same from time of death until the property was sold. Although I agree with @Mike9241, you should have some documentation supporting this statement for the tax records since it was almost a year between the date of death and the sale of the property.   Sorry for your loss,

You are posting from online TurboTax Live.   If that is what you actually used, then you chose to use help from a "Live" tax expert.   Have you forgotten how to access your account?     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   .  You can arrange for the Live help you are paying the extra fee for with your questions from 5 a.m. to 5 p.m. Pacific time Monday - Friday. https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-setup/connect-tax-expert-turbotax-live/L73wOZD5D_US_en_US?uid=m8zw1pbb       Or....if you just carelessly clicked on "live" to post a question, then please explain clearly what you mean when you say you "allowed a contractor" to do your taxes.   How/where did you find the "contractor?"  

There is nothing impermissible about making maximum permissible deductible contributions to a solo 401(k).  It's a common way to reduce present taxable income with the understanding that this deferred income and the gains on it will eventually be taxable as ordinary income when distributed.   Keep in mind that distributions are taxable as ordinary income, so it generally makes sense to defer the taxable income only if you expect your marginal tax rate when eventually distributed to be lower.  For those with good saving habits, that's often not the case, so someone presently in a low tax bracket such as yourselves might be better off deferring less income now and instead investing that money in capital investments where gains can enjoy taxation at long-term capital gains rates instead of at future ordinary income tax rates.  Still, you might want to defer enough income to keep you in the AGI range that allows the maximum Retirement Savings Contributions Credit, which might preclude you from topping out your current tax bracket.  With AGI below $46,000 for 2024, the retirement contributions that you made would typically make each of you eligible for a $1,000 tax credit on Form 8880.  (If slightly above that AGI, it might make sense for some of the Roth IRA contribution(s) to be traditional IRA contribution(s) instead.)   (Note that there is no our Roth IRA.  Roth IRAs are not joint accounts, they are owned by a single individual.)

Yes, you should ask your employer to stop withholding NY income tax and SDL & PFL.   You will need to make estimated quarterly tax payment to Ohio (and maybe your city and/or school district).    You will need to file a NY non resident return t get a refund of the NY income tax withheld.  To request a refund for mistakenly withheld New York State Disability Insurance (SDI) and Paid Family Leave (PFL) premiums, you must first  contact your employer . The issue must be resolved through your payroll department, as you cannot recover these insurance premiums through your NY tax return.    You are not subject to NY tax if you work 100% outside NY. That changes if you spend even one day in NY.

The deadline to obtain a return of the excess 2023 contribution was October 15, 2024, provided that you files your 2023 tax return or requested a filing extension by April 15, 2023.  As fanfare said, after that date you are subject to an excess contribution penalty on the 2023 excess for 2023 and 2024.   The excess 2023 contribution can now only be corrected by either applying it as a contribution made for 2025, if eligible, or by an ordinary distribution equal to the amount of the excess 2023 contribution; no investment gains on this are to be distributed.   If the 2023 excess is distributed in 2025, it will be reported on line 12 of your 2025 Form 5329 to be subtracted from the amount on line 9, reducing the excess on line 14 to zero.  When entering the 2025 Form 1099-R into 2025 TurboTax, you'll need to enter a zero in box 2a of TurboTax's 1099-R form to indicate to TurboTax that this is a distribution of the excess after the due date of the 2023 tax return.  This will cause 2025 TurboTax to treat the distribution as nontaxable and to prompt you for the required explanation statement.

@carolp03    IF Windows computer...you can try the manual update (it takes a while, so be patient): Manually Update TurboTax for Windows Software   ________________ But if that doesn't work, and you have checked to ensure your W10/W11 OS updates are fully installed.......then a few folks have found that a full uninstall/reinstall of the TTX software was required for them to get it working  (Make sure you have your installation code handy).