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It may be true that the language may not be factually correct, but changing this at this late stage is impossible. It isn't serious enough to raise the eyebrows of the IRS and shouldn't cause any problems for you.    If you feel though that this is an issue, you may attach your own written statement to your return, and then mail your return rather than file electronically.  Here's the filing procedure.   Prepare your return in Turbo Tax and choose Married Filing Jointly as your filing status.   When you get to the Let’s get ready to e-file screen, select File by Mail. Attach a statement to your return, signed by each of you that states that one of you is a U.S. citizen and the other is a nonresident alien or Dual-status and that you’re electing to both be treated as U.S. residents for tax purposes. Here you can factually report your wife is a Dual-Status Alien. Include the full name, address and Social Security number (or Individual Taxpayer Identification Number) of each spouse.   Mail the return to the address on the instruction sheet that prints with the return. @sam172     

Each year the tax software prepares a Form 4562 Depreciation and Amortization Report.  You may retrieve this report from each year's income tax return.     In TurboTax Online, you may print or view your full tax returns prior to filing after you have paid for the software.   View the entries down the left side of the screen at Tax Tools. Select Print Center. Select Print, save or preview this year's return. Select Include government and TurboTax worksheets. If you filed the prior year tax return through your TurboTax account, select Tax Home in the upper left hand corner of the screen.  Click the down arrow to the right of Your tax returns & documents.   If you filed with TurboTax the previous year but did not use the TurboTax account that you are in, see how to access your other TurboTax accounts.  

BrittanyS, Dave1006 & Kapo 1997 Again, I thank each of you for your assistance.  I am sending this reply to you three to closeout my issue and tell you where I landed.  It is only fair I take some time to thank you for your time and effort on my behalf by telling you my conclusion so you build more experience with this issue in case this occurs in the future to someone else I will start with the happy ending.  I finished the return and by annualizing my income the penalty was reduced to $40.  I was unable to use the step by step approach as I had hoped and as Brittany outlined so wonderfully in her final suggestion along with screen shots.  I had to use the suggestion by Dave and Kapo to enter the data in the Forms view which worked.  However, as I anticipated, it was more cumbersome and required more involved reading of the Form worksheets and IRS form directions to ensure correct input of the data.  This was especially the case with Form 2210 which is more tailored to personal filing vs Estate and Trust filing.  Basically, the Forms approach eliminates the reason we by the TT products in the first place.  TT has the experts who have researched the IRC and developed shortcuts via interview questions which saves the filer a whole lot of time and research and the need for technical IRC competency to file a return.  The Forms input was the only way I could proceed and it remains a mystery as to why and how the product failed in this area.  After completing the data entry into the forms worksheets, much to my surprise during my final review the step by step functionality reappeared and the simple interview questions and the table to enter my 5 numbers from my Excel SS reappeared and annualized my income.  So, I will have to say that it was user error or some program corruption but, it still remains a mystery.  I tried every possible approach and could not get back to the step by step interview questions for annualization of income and calculation of penalty.  If I find time, I will do another Trust return with fake data and see if the same issues occur. Many thanks Tom P 

No, you are not required to report the same income twice. It's unclear why you would receive a 1099-B and a K1 for the same trades. Once you are confident this is duplicated income, report only one of them. Keep all documentation with notes in your tax file should you need it later.   You may consider consulting the company who issued the K1 and check the identifying number on each document. What is Form 6781: Gains and Losses from Section 1256 Contracts and Straddles?

If the rental was available for rent, you do not need to decrease the depreciation for this.  Consider days empty looking for a tenant as rental days, since it was available for rent.  Using 100% business use sounds correct for the past years, based on the information you provided.

The truck would be reported as an asset within a self-employment activity.  Depreciation on the asset may be reported.   Within TurboTax Premier Online, follow these steps:   Down the left side of the screen, click Federal. Down the left side of the screen, click Wages & Income. Click on the drop down arrow to the right of Self-employment. Click to the right of Self-employment income and expenses. At the screen Your 2024 self-employed work summary, select Edit. At the screen Here's your info, click on the pencil icon to the right of Assets. Follow the prompts to establish the asset and report depreciation. You may be reporting another type of business enterprise.  If this does not completely answer your question, please contact us again and provide more information.

The SC Subsistence Allowance is a subtraction from your SC taxable income, it is not a direct credit or addition to your refund amount.  It will only reduce the SC taxable income and thus reduce the total SC income tax.     You can verify that the amount was subtracted from your SC income by looking at your SC1040 line s.     @trev_rock 

To access the Foreign Tax Credit section.   Go to Federal Deductions and credits  Estimate and other taxes paid  Foreign Tax Credit>start or revisit  As you go through the screens, when it asks "Tell Us About Your Foreign Taxes" select none of these apply. When it asks if you wish to take the deduction and credit, take the credit Here you can proceed through the interview and enter information that is asked for. At the end of the section, you will reach a screen asking about Federal Tax Carryovers. Here you can report information regarding past carryovers.  Form 8962 is used to calculate and reconcile the Premium Tax Credit (PTC), which helps eligible individuals and families cover the cost of health insurance purchased through the Health Insurance Marketplace.  Here is where to access that information.   Go to the Deductions and Credits section of your return. Go to medical Go to Affordable Care Act (Form 1095-A). When you enter your 1095 A information, the results will generate Form 8962. As far as Schedule B. I assume you mean Schedule B Form 1116. This is generated in step 8, in the steps I listed above for the Foreign Tax Credit. It will appear based on how you enter the carryover information in Step 8 above.   @Kosetife