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What is the impact of the TT question about entering the beginning and year end checking account balance? as a guess for reconciliation purpose to make sure that something affecting cash has been missed   beginning cash should be the same as last year's ending cash         

Thank you sooooooo much for your time and you detailed answers for my questions @Opus 17 !  My wife's job 1 and job 2 has different HSA custodians, and she's thinking to (1) withdraw the contributions she and her two employers made from job 1 and job 2 ASAP, not to wait till 2026 (2) for the 3rd job she's starting in Mid August 2025, she will just choose a regular health plan instead of HDHP, and not participate the HSA plan. She'll lose the employer HSA contribution, but she'll have one trouble less to deal with when filling taxes, and technically she is not eligible to participate the HSA for the entire year of 2025 (including August to December) anyway. (3) I've seen most employers offer open enrollment around October, hopefully same for her new employer. We are thinking in October 2025 if there's open enrollment, she'll choose HDHP with HSA for the year of 2026.   In terms of the withdrawal, does she just need to call the two HSA custodians, tell them the situation, request the withdrawal, and HSA custodians will mail out paper checks (with income tax deducted) to my wife?   Thank you @Opus 17 !     

Are both W2s from the same employer with the same EIN on them?  I don't know if you need to amend anything, maybe.  Did you already file your federal and state returns?   We don't know your situation or how you entered the W2s.   On your federal 1040 was line 1 doubled?

Is the $1200 a month before expenses or the Net Profit after expenses?  Is your LLC a Single Member LLC that elected to be an S Corp?  If not,  it is a disregarded entity and you file it as self employment on Schedule C in your personal 1040 return.     Filing quarterly means to send in estimated payments to cover the self employment tax since you don't have withholding taken out like if you were an employee on a W2. There isn't a tax return to file. You still file all your self employment on your personal 1040 tax return. For SE self employment tax - if you have a net profit (after expenses) of $400 or more you will pay 15.3% SE Tax on 92.35% of your net profit in addition to your regular income tax on it. So if you have other income like W2 income your extra business income might put you into a higher tax bracket. You must make quarterly estimated tax payments for the current tax year if both of the following apply: - 1. You expect to owe at least $1,000 in tax for the current tax year, after subtracting your withholding and credits. - 2. You expect your withholding and credits to be less than the smaller of: 90% of the tax to be shown on your current year’s tax return, or 100% of the tax shown on your prior year’s tax return. (Your prior year tax return must cover all 12 months.) To prepare estimates for next year you start with your current return, (if you can't get back into your return try this, On the Tax Timeline page you have to select Add A State to get back into your return). But be careful not to change anything on your real return. Go to Federal Taxes or Personal (Home&Business version) Other Tax Situations Other Tax Forms Form W-4 and Estimated Taxes - Click the Start or Update button Say No to W4. When you get to the W4 and Estimated Taxes section, say you want to adjust your income to go though all the screens. TIP - If you didn't owe or missed making the prior quarterly estimated payments and need to just calculate starting now, you can go though the Estimated Taxes section and just put $1 (one dollar) in for the quarters you missed. Then it will only figure the current and remaining quarters. The 1040ES quarterly estimates are due April 15, June 16, Sept 15 and Jan 15, 2026. Your state will also have their own estimate forms.

If someone's return is rejecting and they claimed the right dependents then they will have to print and mail their return and let the IRS sort out who filed wrong.   It could be an honest mistake on someone else's return (that you don't know)  that typed a wrong ssn on their return.  

I understand all the laws about the form 8332 I've been through this with an older child I have the year I left was 2023 I lived there all the way through the middle of October I was always responsible for all the rent and the bills all she ever had to pay for was her own gas and insurance for her vehicle therefore I always claimed head of household therefore I couldn't head hassle for that year also I also claimed for two of my children which is what we normally would do anyways I have not deviate from the plan especially because of some other financial reasons that happened between us where she screwed me over anyways so I claim to a month later she got a hold of me and she said I must have claimed all four because her tax return got rejected I know how she is and I can guarantee she never went back and tried to refile for the two I told her she could file for what I need to know is how I can find out if their social security numbers were used that tax year for anybody's tax return so I can amend my tax return. get it please?

Last year did Turbo Tax print out 4 estimated payment slips?  Those were optional to pay.  They were just a suggestion.  The IRS wasn't expecting them.  Turbo Tax will never know if or when you paid them.  So you need to manually enter the payments into your return.   To enter Federal or State Estimated Taxes Paid, including a state estimated payment made in January for the prior year, go to Federal on left or at top (Personal for Home & Business) Deductions and Credits Then scroll way down to Estimates and Other Taxes Paid Estimates - click the Start or Update button   You enter state estimated payments under the federal side (because they can be a federal itemized Deduction). THEN after you finish filling out the estimates under Federal you need to click on the State Tab at the top and start the state return over for it to update.   Some info......... The 1040ES quarterly estimated tax payments DO NOT get sent to the IRS or state with your return. So they won't be expecting them. If you are receiving a refund or low tax due and Turbo Tax prepared the vouchers then your tax liability was probably reduced by credits. Turbo Tax is very conservative and doesn't want you to owe too much the next year. They might have printed out if you got a one time large income this year. Like if you took a IRA or 401K distribution or had a large capital gain. They are just a suggestion. You can ignore them.  

You can only file your own correct tax return.  Don't worry about anyone else, or fixing anyone else's problems.   You can only claim your child (or stepchild) as a dependent if, a. they lived with you more than half the nights of the year (183 or more nights) OR b. you get a signed release form from the other parent where the child did live more than 183 nights.   You count the nights the child lived in your home (or with you on vacation, etc.).  The IRS does not follow custody orders and there is no such thing as 50/50 since most years have an odd number of days/nights.  You count the nights where the children lived.   If you did have the children living in your home more than 183 nights, you are entitled to claim them.  If both parents can claim 183+ nights (such as, because you split in the middle of the year), then the parent with the most number of nights gets to claim them.   If the children did not live with you more than 183 nights, or the lived with you more than 183 nights but the other parent can count even more nights, then you can't claim the children unless you have a signed release form giving you permission to claim them.   If you did have physical custody more than half the nights of the year, there is no reason to change your return.  Even if you did change, the other parent can't legally claim them unless you give them a signed release.  However, if you did not have physical custody more than half the nights, then you need to file an amended return to remove the children as dependents.   All this is covered in the turbotax interview, if you answer the questions correctly and honestly. 

Did Turbo Tax print out a 1040-V payment slip?  That's only if you have a Tax Due on line 37.  If you have a refund you don't get a 1040 V.    Do you have a refund on 1040-SR line 35a?   Or a Tax due on line 37?  Or are you amending  your return?  Why do you think you overpaid?      A Tax Due on 1040 line 37 is due by April 15.  Oh, did the IRS send you a blank 1040V and  4 1040ES estimated payment slips?  That is only if you have a tax due.    If you have a refund and want to apply part or all of your Federal refund to next year go to Federal Taxes Tab or Personal (H&B version) Other Tax Situations Additional Tax Payments Apply Refund to Next Year - Click the Start or Update button    

Thanks very much @pk ! I do have a follow up question. The space in the row at the 3520 form is limited so I cannot put too many words. In the Description, may I just put "Gift from grandparent (non-resident alien individual) to 529 college saving plan of child name", or do I must also include the full name of each grandparent in each row?    Thanks for the advice!