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From TurboTax help content, the 'other income' category includes:   - Interest income - Dividend income - Retirement income - Taxable Social Security benefits - Income from S corporations, estates and trusts, and partnerships (but not partnership self-employment income) - Rental properties (or your allowable losses from rentals) - Any other miscellaneous taxable income or loss you expect to have next year   The best thing you can do is to go through the estimated payments section and adjust the expectations for your 2025 income so that you can see and understand what is going into the calculation.  Use the steps in the following TurboTax help article to do this:   Can TurboTax calculate next year's federal estimated taxes?   @fredmbogard 

No.  You cannot claim the expenses until you open the business.  When you do open the business, you can claim these as start up expenses.  This means you will still be able to claim the expenses, just not in the year you put the money out.    Start-up Business Tax Tips

You are entering an IRS form 1099-K income which reports rental property income into your rental activity on IRS Schedule E Supplemental Income and Loss.   Is the income posted outside of the rental property activity and directed towards the rental property activity?  I would enter the form from within the rental property activity.   In TurboTax Premium Online, follow these steps:   Down the left side of the screen, click on Federal. Down the left side of the screen, click on Wages & income. Click to the right of Rentals, Royalties, and Farm. Click to the right of Rental Properties and Royalties. At the screen Your 2024 rentals and royalties summary, click the pencil icon. At the screen Here's rental property info, select Add income to report rental income. If you select Form 1099-K and have the same issues, remove this entry and report the same income using the selection Cash, check, and electronic payments.

1. If you want to avoid amending your return then you need to know the earnings withdrawn to enter a 2025 Form 1099-R. In this case you might want to wait to file your 2024 return. Please see How do I file an IRS tax extension?   If you made an excess contribution in 2024 and withdrew the 2024 excess Roth IRA contribution plus earnings in 2025 before the due date, then you will get a 2025 Form 1099-R in 2026 with codes P and J. This 1099-R will have to be included on your 2024 tax return and you have two options:     You can wait until you receive the 2025 Form 1099-R in 2026 and amend your 2024 return or You can report it now in your 2024 return and ignore the 1099-R when it comes unless there is Box 4 Federal Tax withholding and/or Box 14 State withholding. Then you must enter the 2025 Form 1099-R into the 2025 tax return since the withholdings are reported in the year that the tax was withheld. The 2025 code P will not add anything to your income in the 2025 tax return but the withholdings will be applied to 2025.   2. To enter a 2025 Form 1099-R in your 2024 return please follow the steps below:   Login to your TurboTax Account  Click on the "Search" on the top right and type “1099-R”  Click on “Jump to 1099-R” Answer "Yes" to "Did you get a 1099-R in 2024?" Select "I'll type it in myself" Box 1 enter total distribution (contribution plus earning) Box 2a enter the earnings Box 7 enter J and P Click "Continue" On "Is the IRA/SEP/SIMPLE box on this 1099-R checked?" screen answer "No, the box is blank"? On the "Which year on Form 1099-R" screen say that this is a 2025 Form 1099-R. Click "Continue" after all 1099-R are entered and answer all the questions. Continue until "Did you use your IRA to pay for any of these expenses?" screen and enter the amount of earnings under "Corrective distributions made before the due date of the return".   Please be aware, code P will say in the drop-down menu "Return of contribution taxable in 2023" but you can ignore that since the follow-up question will tell TurboTax that it will be taxable in 2024.     3. Make sure you indicate in the IRA contribution interview that you withdrew the excess contribution by the due date:   Click on "Search" on the top right and type “IRA contributions” Click on “Jump to IRA contributions" Select “Roth IRA” Enter the Roth IRA contribution Continue until the penalty screen and enter the excess contribution amount withdrawn.    

I suggest you look at your tax return   Did you file the 1099-NEC as a Schedule C business? Did you make a profit? Did you have any other income? The standard deduction for Head of Household is: $21,900 – Head of Household  You can preview your tax return by going to: On the menu bar on the left that shows. Select Tax Tools On the drop-down select Tools Tip: If you don't see the dropdown for Tools, Minimize the federal and state options using the down arrow. On the popup menu Select View Tax Summary On the left sidebar Select Preview my 1040. Schedules 1,2 & 3 are included if you scroll down past your 1040. To return to the entry screens press Back on the sidebar. Some key numbers on your 1040 tax return are: Line 9 - Total Income Line 11 - AGI Line 15 - Taxable Income Line 19 - Child Tax Credit Line 24 - Total Tax. Line 25 d - Withholdings. Line 26 - Estimated tax payments Line 27 - Earned Income Credit Line 28 - Additional Child Credit Line 33 - Payments including Credits. Line 34 - Overpayments. Line 37 - Tax owed.

You will lose and you will be the one that needs to pay the credit back.   The IRS did open it for a short time for dealers to report, however, if they did not choose to report, the IRS has not issued additional guidance on what taxpayers can do to resolve this.   For  now, what you can try is to print and mail your return along with form 8936, 8936 Schedule A, and proof of purchase that includes the date, price, VIN and dealer information.  This will allow your return to be received by the IRS and let them look at it to determine how to handle your EV credit. 

Please follow these steps:   Click on "Search" on the top right and type “1099-R” Click on “Jump to 1099-R” and enter your 1099-R On the "Required Minimum Distribution" screen enter RMD for this account ($8,011.12) On the "How much of This Distribution Applied to your December 31, 2024 RMD" select "Some of this distribution…" and enter the RMD amount ($8,011.12) On the “What Did You Do With The Money” and choose “I moved it to another retirement account” Then choose “I did a combination of rolling over, converting, or cashing out money.” and enter the returned amount of $6,817.74 next to "Amount rolled over to another (or back to the same) retirement account" On the "Your 1099-R Entries" screen click "Continue" On the "Did You Miss a Required Distribution From Any Retirement Accounts?" screen select "None of these plans failed to withdraw the RMD" if you met all of your RMD for 2024.    If you are still having issues then you might have to only enter full $ amounts without the cents.

As you can see from the screenshot in the previous post, Tax Tools is no longer available on the left side of the screen. Has the option been removed? How do print all of the tax worksheets in Premium online?