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Yes, you can use 529 funds for room and board if your son lives at home, but only up to the school’s published ‘living with parents’ cost of attendance. No lease is needed, but keep proof of enrollment and the school’s cost breakdown for IRS records—don’t claim more than that allowance.

you indicate you did joint ventures with other entities in flipping houses. Under the tax laws, it would seem that there was a partnership formed between your SMLLC and the other entity. This would require each venture to file a partnership return and issue your SMLLC a k-1 and a state k-1 if that state has an income tax. in other words based since it seems you shared in the profits of these ventures you will owe income taxes in these other states.  on the other hand, if the funds advance to these ventures was in the nature of a loan, then the income would be interest income and not taxable in the other states. however, based on how you phrased your question, my opinion is that that the funds suppled was not in the nature of a loan. have you contacted these other venture s to see what they will do for income tax purposes, though what they do and what is proper from an income tax standpoint mat be different?    

Distributions paid to you from a qualified retirement plan that are eligible for rollover are subject to a statutory minimum 20% federal tax withholding on the taxable amount of the distribution.  Default 10% tax withholding only applies to plan distributions that are not eligible to be rolled over.   Distributions made to you after you have reached age 59½ are not early distributions.

Even though you don't owe a 10% penalty, you owe regular income tax on any withdrawal.  That tax is calculated on your tax return in combination with any other income, deductions and credits you might have.  Your ultimate tax could be anywhere from zero to 36%, depending on your filing status and other income.  The 20% is withholding, like from wages, that goes to your credit at the IRS.   Your actual tax is calculated on your tax return, and if you paid more withholding than your tax, you get a refund, and if you had less withholding than your tax, you owe an additional payment when you file your return. 

we can't see your return or vehicle entries. form 4562 should be present in your return is depreciation shown in part III or part V (this carries to page 1 line 7). where does the $11,700 show up?  This forum has no access to your return. in order try to help you determine what is proper, you would need to provide details of each vehicle including date placed into service, business and total milage, cost, type of vehicle, bonus and or section 179 depreciation taken and finally the amount on form 4562 line 11.   i first suggest you carefully review the entries for the vehicles. Since we can't access your return, we may not be able to supply a definitive answer. however, you could contact support and grant them access.        

if you can't retrieve them from Turbotax you can obtain transcripts for free either using IRS website or filing form 4506-T https://www.irs.gov/individuals/get-transcript    https://www.irs.gov/pub/irs-pdf/f4506t.pdf    these are not actual copies of those returns only the details of what was on them, 

Where do I fill out Schedule C https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-schedule-c/L5Fz3j5us_US_en_US   You can enter Self Employment Income into Online Deluxe but if you have any expenses you will have to upgrade to the Premium version.  Or use any of the Desktop CD/Download programs.   How to enter income from Self Employment https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/26653

Hello, @pk. Thank you for your message! The answers to your questions are below:   (a) I entered US on J1 visa in January 2023 as a Research Scholar. (b) I am from Brazil (as far as I know, there is no tax treaty) (c) Yes, I never left the US after I first came.   So, for the calendar year of 2025 I will be treated as a resident for tax purposes. But I am not sure about the calendar year of 2026, which I will be here only for a few months. I have read about dual tax status, but not sure how or if that would apply depending on when I will leave (January or end of March).

@FCarv  (a) please can you tell me when you entered the country with J visa ?   And for what ? ( student/ teacher/ trainee/research etc. ) (b) which country are you from ? (c) was this entry your first in three years ?   I ask because  J exemption is two years from the day you enter.  And because your  home country may have  tax treaty  that could have some implications. Please answer my questions and I will circle back --yes ?   pk

It's not clear where you are looking for Schedule C. You will not see the actual Schedule C form in the TurboTax interview. You have to print the tax return or save it as a PDF in order to see Schedule C. Go to the following link for more information. How do I preview my TurboTax Online return before filing?