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I have three IRA's and had distributions from two of them that equaled the total amount of the required RMD. I received 1099-R's for the two from which distributions were made, but did not receive one for the third (from which no distribution was made).  I've tried to reflect the total RMD form 5498's for all three IRA's but cannot get the software to work. Do I need to prepare an amended return to show all three IRA's or stick with the original filing which reflects the two from which distributions were made?

I have both Roth and Traditional IRAs. I was advised that I could make a contribution to my IRA by April 15 and it would reduce my taxable income. But when I filed 2024 using TurboTax, the system wouldn't alow it. Is it true that contributions to an individual retirement account reduce the amount of taxable income? I was really counting on that, but ended up owing federal income tax.   Thank you 

I graduated with a BS in December 2023. I was not making payments during that time due to course load so did not qualify for the AOTC previously. My 1098-T says I was still enrolled at least half-time for the 2024 tax year and I have been paying off my undergraduate debt since I graduated and got a job. Am I able to claim the AOTC this year since I was technically enrolled or am I out of luck again? 

Federal Taxes: on a recent Return, I had underpaid my taxes by $150 and was charged a PENALTY of $60. Yet IRS website states that usually no penalties if you owe less than $1500. Please explain why Turbo Tax calculated this penalty. Thx.

I used TT to file my federal and CT state returns.  I have already received my refund from both. But I received a late 1099-MISC and now owe the IRS $180 and CT. $42.   I filed amended Federal and CT state returns using TT.  I set up electronic payment with direct withdrawal from my checking account.  At the end of the process TT told me to print a form CT-1040V Electronic Filing Payment Voucher.  But my name is not on it and the payment amount is $.00   Do I need to send this by mail anyway?   Should I have gotten a similar voucher for the federal amended return?

My college child got form 1099-MISC from a college he attends for a scholarship he received from his college. Is this still considered income despite the fact that the condition for this scholarship was to fully spend it on educational trip to a summer study abroad program at a European university? The scholarship covered tuition fees in Europe, room and board, and travel to and from the abroad university.