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For a capital loss carryover - Click on Federal Taxes (Personal using Home and Business) Click on Wages and Income (Personal Income using Home and Business) Click on I'll choose what I work on (if shown) Under Investment Income On Capital Loss Carryover, click the start or update button

The treatment of website development costs depends on whether they are considered startup costs or capital expenditures. Since your website is not yet placed in service, the costs incurred in 2024 may be classified as startup costs, which are subject to specific tax rules.   Under IRS guidelines, businesses can deduct up to $5,000 in startup costs in the first year, provided total startup expenses do not exceed $50,000. Any remaining costs must be amortized over 15 years. Since your total website development costs for 2024 are $5,560, you may be able to deduct $5,000 immediately and amortize the remaining $560 over time.

If you sold you main home or a primary residence:     Open or continue your return. Navigate to the sale of home section: TurboTax Online/Mobile: Go to sale of home. TurboTax Desktop: Search for sale of home, and select the Jump to link. Answer Yes to Did you sell or have your home foreclosed in 2024? Select Continue on the next screen. Enter the address of the home you sold on the next screen, and select Continue. Follow the onscreen instructions. Where do I enter the sale of a second home, an inherited home, or land on my 2024 taxes?   How does selling a home affect my taxes?

No it wont.  Online is completely separate from the Desktop program.   Your Desktop returns are only saved and stored on you computer so make frequent backups.    For the Desktop program you have to check the filing status inside the program.  Open your return and go up to the top black menu bar first item File > Electronic Filing > Check Electronic Filing Status

Thank you for your responses. So, the part in pub 550 -- pg 20 -- that says If you buy a CD with a maturity of more than 1 year, you must include in income each year a part of the total interest due and report it in the same manner as other OID. is not applicable to my case?  Here is another link someone else included in a different threat.  https://www.goldinglawyers.com/how-does-the-irs-tax-foreign-certificate-of-deposit-interest/#:~:text=U.S.%20Tax%20on%20Accrued%20Overseas,a%20foreign%20Certificate%20of%20Distribution%20(CD @AmyC If I decide to to pay interest to the IRS for the 11 months that the CD was open in 2024 and then in 2025 for the 7 remaining months, will that cause and issue with IRS ?? I simply would like to do the right thing and feel secure that I wont be penalized or audited. Again, all interests in my CDs are not paid until maturity (whether they were 12 months or 18 months).

You have to enter the contributions before you enter the conversion. Delete the conversion part to get the 8606 basis. Then enter the conversion.   The programs and wording of questions vary but this should get you through. From GeorgeM777:   First:   Enter the Non-Deductible Contribution to a Traditional IRA Select Traditional IRA on the Traditional IRA and Roth IRA screen and Continue Answer No to Is This a Repayment of a Retirement Distribution? On the Tell Us How Much You Contributed screen, enter the amount contributed and continue Answer No on the Did You Change Your Mind? screen Answer the questions on the following screens, until you reach Choose Not to Deduct IRA Contributions. Select Yes, make part of my IRA contribution nondeductible and Continue Step 2:  Enter the Conversion from a Traditional IRA to a Roth IRA Inside TurboTax, search for 1099-r and select the Jump to link in the search results Answer Yes to Did you get a 1099-R in 2021?, then Continue If you land on the Your 1099-R Entries screen, select Add Another 1099-R Select how you want to enter your 1099-R (import or type it in yourself) and follow the instructions Answer None of these apply when you reach the screen Do any of these situations apply to you? Select I converted some or all of it to a Roth IRA on the Tell us if you moved the money through a rollover or conversion screen Next, choose Yes, all of this money was converted to a Roth IRA Continue answering questions until you come to the Your 1099-R Entries screen To check the results of your backdoor Roth IRA conversion, see your Form 1040: On the left side of your screen, select Tax Tools, then Tools Under Tool Center, select View Tax Summary On the left side of your screen, select Preview my 1040 Your backdoor Roth IRA amount should be listed on Form 1040, Line 4a  as IRA distributions Taxable amount should be zero unless you had earnings between the time you contributed to your Traditional IRA and the time your converted it to Roth IRA, then the earnings would be taxable Schedule 1, Line 20 IRA deduction, should be blank Select Back on the left side of your screen to return to where you left off in TurboTax