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Yes, you may report the income as follows as if you received a SSA 1099.   Go to income. Go to Retirement Plans and Social Security Social Security (SSA-1099, RRB-1099) Enter the amount of ‌net benefits in Box 5. You don't need to do anything else than this or to report you received a SSA 1042S rather than a SSA 1099. You do not need to pay a fee for TurboTax expert help. Rest assured, this is all you need!!  

In the 1098-T interview, you should reach a screen  called "Amount used to calculate education credit" (or similar wording).  Be sure the amount in that box is $4000.    To get back there, Go through the entire education interview until you reach a screen titled "Your Education Expenses Summary".  Click edit next to the student's name. That should take you to a screen “Here’s your Education Summary”. Click edit next to “Education Information”. When you get to the screen titled “Amount Used to Calculate Education  Credit”, verify the amount you want to use or change it.  You may reach that screen sooner.   If you don't get that screen, check the student information worksheet. You can change it there (line 17). Make the change (enter 4000) in the first column.     If that doesn't work, reply back and I'll give you the workaround.    Books not purchased from the school re also a qualified expense.  The AOTC is 100% of the first $2000 and 25% of the 2nd $2000. Your probably in the 22% tax bracket, so the 2nd $2000 doesn't get you much. 

There could be a couple of reasons why you might be experiencing a delay: 1. First, the status might be pending for security reasons. This may be a sign that someone is trying to use your identity to file a tax return.  This can take up to 72 hours, after which your return will then be forwarded to the IRS, or if applicable, rejected. If rejected, you can then correct the rejection issue and resubmit. Please see this FAQ for reference. 2. Secondly, there could be a delay if your return has various refundable credits, such as the Earned Income Credit, Investment Credit, Energy Credits, or Business Credits. You may need to wait a few more days and check your filing status again. Please see this FAQ for additional information. Note: Both instances may be applicable. That is, you could have a hold for security reasons first. And additionally, for verification of the refundable credits in your return. In this case, delays might extend beyond 72 hours.  

Yes, you can request the waiver now with your tax return.  If you meet the qualifications for the penalty waiver, then you do not need to include the amount with your return.  TurboTax will remove the penalty based on the information entered in the form.  To generate form 2210 select the following: Other Tax Situations Underpayment Penalties   The underpayment may be avoided if:   You paid 90% of the tax that you owe for the current year.   If the current taxes paid are equal to 100%, (110% for higher incomes) of your taxes owed the prior year.   The IRS also says you can probably avoid the penalty if the amount you owe is less than $1,000. To avoid this situation, it's recommended that you adjust your W-4 with your employer, or pay estimated taxes.    For more information see, Guide to IRS Tax Penalties: How to Avoid or Reduce Them.  

Yes, since the incorrect method was done for 2 (or more) years in a row, that is now considered an accounting method.  The way to remedy this is to file a Form 3115, not filing amended returns. Form 3115 is due by the due date of the return that the accounting method change is being made for, including the extension.     If you'd like to prepare a Form 3115, you'll need to use a Desktop version of TurboTax, and file your return by mail.   See: Application for Change in Accounting Method     

I reviewed your return. You need to delete an entry in the IRA Easy Guide.   Click on "Search" on the top right and type “IRA contributions”  Click on “Jump to IRA contributions" On the "Let's Find your IRA basis" screen select "Easy Guide" On the "Transfer from Employer Plans" screen delete the entry Continue through the questions.   Note, you only enter after-tax amounts that were rolled over into the Traditional IRA on the "Transfer from Employer Plans" screen. Please see line 2 instructions for additional information.

To see the calculations you can do this easiest by using the desktop version.  Using the desktop version, you can  Go to Forms Mode Right click on the number in question Select Data Source this will take you to the form that is generating the numbers If you are using the online version, you would need to go to the print center to see the forms and worksheets.  This can only be done after you pay for the product. You would likely see this on the W-2 worksheet.  However, if you want to routinely see the "why" for the calculation, the desktop version will be much more helpful.    

You do need to report this type of income on Schedule C so that self-employment tax will be calculated and paid.     Based on the description you gave, look at the situation from your son's point of view.  He uses an app to decide whether or not he wants to take the job.  Therefore, he is controlling when he works.  He is not being told by anyone that he needs to show up to be a caddy at a particular time and place unless he has initiated the work and agreed to do it.  He is an independent contractor in control of his own business of being a caddy.     @LonLonzo 

TurboTax will perform the calculation, There is no way to preassign what amount will be used this year or to manipulate the data toward a desired outcome.  Here is how to report.   Go to the income section of your return. Go to Investment and Savings Go to dividends on 1099 DIV Fill out the 1099 DIV like you have received one.  Be sure to put in a foreign tax amount in Box 7 of the form. There will be a follow up screen that asks for the Foreign Dividend information, including the country where the Foreign Dividend originated from. After this information has been entered, here is how to claim the Foreign Tax Credit.    Go to Federal Deductions and credits  Estimate and other taxes paid  Foreign Tax Credit>start or revisit As you begin working in the section, the program will recognize you have already made an entry regarding foreign taxes in your 1099 DIV.    It will first ask you to verify where the dividend income came from. Next screen you will select report income in the radio button In the next screen, put a checkmark in the box that says select  The next screen will verify the amount of foreign-source income the foreign tax was derived from. After this is done, you are done reporting foreign income. If it asks you if you wish to review your entries, you can say no. Next it'll ask you making a simplified election for AMT.  if you made this in previous years, you  check the box. Usually if your only income has been passive in previous years, you may have made this selection. You may need to look at last year's return to verify this. Keep navigating the screens. When a screen appears telling you to choose an income type, choose passive income. Press done in the next screen. Press Continue through the next screens that appear until you reach Foreign Tax Credit Carryovers. Here is where you will report Carryovers from previous years, if any. Finish out the section.      

In forms mode, you can review additional forms, schedules, and worksheets that aren't included in your return by searching for that form, schedule, or worksheet.    In the top left corner, click the button that says Open Form.     In the box that pops up, type the form you're looking for.     Scroll down to find the correct form, click on it, and choose Open. You should be able to see how the form is completed.   It sounds like you may have some limitations and adjustments that are reducing your itemized deductions below the standard deduction. Reviewing the Form IT-196, the Item Dedns Wks, and the ItemDedAdj (196) Wks could provide the detail you need to understand why TurboTax chose the standard deduction. In most cases, you can right click on the numbers on the field and click Data Source from the menu to figure out where the number on a particular line came from.   If you'd like, we can look at your return and see exactly what you see to help come to a resolution. The return will be scrubbed and won't include any of your personal details.   If you're using TurboTax Online: Once you're logged in to your account and have your amended return open, - on the left hand panel, click on Tax Tools and then choose Tools - on the pop up window, select Share my file with Agent - you'll see a message saying you'll give us a copy of your tax return. Your personal information will be changed so we can't see any private information. - click okay and you'll get another message with a token   If you're using TurboTax Desktop: Click on Online in the top menu of TurboTax Desktop for Windows Select 'Send Tax File to Agent' Write down or send an image of your token number and state then place in this issue. We can then review your exact scenario for a solution   Please reply to this message with your token so that we can further assist you. Let us know all other states that are included on the return.

@Tinashaw   You have to access your own account and/or  print it for yourself using exactly the same account and user ID that you used when you prepared the return.    https://myturbotax.intuit.com/   Start a 2024 return online and enter some personal information  so that the menu on the left opens up and lets you access your past year returns.   https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/01/27010     https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/save-2021-turbotax-online-return-pdf/L8dHfRkpT_US_en_US?uid=m5y4ch1y   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     Or did you use the desktop version of TurboTax?  If so, the files are on your own hard drive or any backup device you used like a flash drive.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/find-last-year-tax-data-file-tax-file-computer/L0XJvPaJr_US_en_US?uid=m6gufxei     https://ttlc.intuit.com/turbotax-support/en-us/help-article/data-systems/find-tax-data-file-mac/L4VNGm33S_US_en_US?uid=m6guhab0 You can get a free transcript from the IRS or for a fee of $30, an actual copy of your tax return. https://www.irs.gov/individuals/get-transcript https://www.irs.gov/pub/irs-pdf/f4506.pdf