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If you are getting a 1099NEC you are not an employee.  You are an independent contractor who has a client or maybe several clients.   When you are self-employed you pay self-employment tax for Social Security and Medicare, and ordinary income tax if you earn above the standard deduction amount for your filing status.   https://turbotax.intuit.com/tax-tools/calculators/self-employed/   https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922   https://ttlc.intuit.com/turbotax-support/en-us/help-article/estimated-taxes/make-estimated-tax-payments/L5svMESaC_US_en_US?uid=mdna5aoh     https://turbotax.intuit.com/tax-tools/calculators/self-employed/  

Which one of you is the custodial parent?   Who do the children live with?   The custodial parent is the one who can claim the children, unless there is a signed agreement that allows the non-custodial parent to claim a child.     Are you the custodial parent?  Do you have an agreement with the other parent to allow the other parent to claim them--due to divorce or that you live apart and share custody?  Did one of you sign a Form 8332?   If there is a signed 8332 then the custodial parent retains the right to file as Head of Household, get earned income credit and the childcare credit.  The non-custodial parent gets the child tax credit for children under the age of 17.  If the child is 17 or older the non-custodial parent gets the $500 credit for other dependents.   If you and the other parent have a signed agreement, you need to indicate in MY INFO that you have such an agreement.   As far as the IRS is concerned, the custodial parent is the one with whom the child spent the most nights during the tax year--at least 183 nights.  

There is no such thing as filing quarterly tax returns even for a business.    You can make an estimated payment to the IRS---but you will not file an actual tax return until next year when tax year 2025 is over and filing for 2025 begins in 2026.     https://ttlc.intuit.com/turbotax-support/en-us/help-article/estimated-taxes/make-estimated-tax-payments/L5svMESaC_US_en_US?uid=mdna5aoh     https://turbotax.intuit.com/tax-tools/calculators/self-employed/   https://www.irs.gov/payments     Sounds like you are new to being self-employed and will need some information: If you have self-employment income for which you will pay self-employment tax for Social Security and Medicare,  you will need to use online Premium software or any version of the desktop software download so that you can prepare a Schedule C for your business expenses.     https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/26653   https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922   https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-self-employment-business-expenses-like-home/L1k6HJY4A_US_en_US?uid=m6jrthmp     If you live in a state with a state income tax, you might need to make estimated payments to your state.   https://turbotax.intuit.com/tax-tips/small-business-taxes/the-home-office-deduction/L1RZyYxzv https://ttlc.intuit.com/turbotax-support/en-us/help-article/estimated-taxes/make-estimated-tax-payments/L5svMESaC_US_en_US?uid=mdna5aoh     https://turbotax.intuit.com/tax-tools/calculators/self-employed/   https://ttlc.intuit.com/community/business-taxes/discussion/self-employed-don-t-miss-these-tax-moves/00/3400413     https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-schedule-c/L5Fz3j5us_US_en_US?uid=m6a6gknk   https://ttlc.intuit.com/turbotax-support/en-us/help-article/payroll-additions-deductions/qualify-qualified-business-income-deduction/L0rM2cIIQ_US_en_US?uid=m5zpoxad   https://ttlc.intuit.com/turbotax-support/en-us/help-article/self-employment-taxes/self-employed-expenses-deduct/L37ZS1B8T_US_en_US?uid=m6fntpg7  

If you did not save your original return as a pdf before you amended --  then the original has been replaced by the amended return and it is gone.    You can get a transcript from the IRS for free or pay $30 for a copy of the original. https://www.irs.gov/individuals/get-transcript https://www.irs.gov/pub/irs-pdf/f4506.pdf  

No.   The federal stimulus checks were issued for tax years 2020 and 2021.  There have been no federal stimulus checks since then.   If someone told you there is a stimulus check for 2025, they misinformed you.

Thank you so much. This was the information I needed.   I expected the property price to go up as well in South India. You are right about the exchange rate. I bought at ~$48 in 2006 and currently INR is at 80+. But alas, my property did not appreciate that much and I decided not to keep it any longer.   PK, I do appreciate your help.  

You received an email that we cannot see that tells you why your tax return was rejected.   Some rejected returns can be fixed and re-filed.  Some have “un-fixable” reasons for the rejection and have to be mailed instead.    What is the rejection code or rejection message?     If it was rejected for AGI—-your 2023 AGI might not be in the IRS system if you filed late.   Try using zero instead.   If filing with zero is rejected then file again but select the option that you did not file last year.  The IRS does not see that question and it will allow you to e-file with no AGI question.     https://ttlc.intuit.com/community/agi/help/where-do-i-correct-my-agi-in-turbotax-online/00/26311   If that does not work and you still cannot e-file, then print, sign, and mail your tax return.        

Thank you! I got the form 8606 generated by following the instructions in the link provided in your reply. However, I feel the 8606 form is calculated wrong.  My situation: I contributed $8000 in 2024 to a Traditional IRA and converted to Roth IRA immediately. At the end of the year, I had 0 balance in traditional IRA. and I did the same thing in 2023. The form generated by TT is: Line1. Non-deductible contribution: $8000 Line2: Basis: $0 Line 3: $8000 Line 14: $8000 Shouldn't it be below? Line1. Non-deductible contribution: $8000 Line2: Basis: $0 Line 3 (line 1+2): $8000 Line 4 Contributed between 1/1/2025-4/15/2025: $0 Line 5- (Line 3-line 4): $8000 Line 6 -(all traditional IRA balance as of 12/31/2024): $0 Line 7- Distribution not including conversion: $0 Line 8-Amount converted from traditional to Roth: $8000 Line 9- (add 6,7.8):$8000 Line 10-Line 5/line 9: 1 Line 11: Line 8 * Line 10: $8000 Line 12:Line 7*Line 10: $0 Line 13:Line 11+line 12:$8000 Line 14:Line 3-Line 13: $0 Line 16: $8000 Line 17: $ 8000   Which part did I do wrong? 

@crowdaryn1006  agreeing with my colleague @VolvoGirl  on her excellent and to the point response, I would  like to  add  that   (a)  I/we understand your frustration in finding that the website / phone "robot" etc. not being helpful; would like to help you solve your problem (b) your expletives ( while being a measure of your frustration ) are really not helpful in our understanding  your situation   and/or being able to help you in a timely manner . (c) please can you tell more as to what you are trying to do , with as much of the antecedents as possible-- this will help us help you solving your issue---please

I believe the answer you gave me is INCORRECT.  For 2024, I received a premium rebate of $242.  If I do as you say and include that as miscellaneous income on Schedule C, my AGI goes up by $1201 due to the snowball of self-employment tax, healthcare premium tax credit, qualified income deduction, etc.; and I end up owing $251 more in taxes to the Feds + $41 more to Colorado.  That makes absolutely no sense!  This isn't actually income, it's a reduction in the healthcare premium -- and as I'm finding out there's a big difference. You said I should "claim the recovery the same way you claimed the expense".  The only way I can see to do that is to alter the data entered in Form 1095-A, for example reduce the premium paid by $242 for the month when I received the rebate.  I **think** that ripples through the return correctly, I end up owing an additional $43 Federal and $8 Colorado.  But I'm not at all sure if this is the correct way to account for this, and changing the 1095-A values makes me nervous.   What is the correct way to handle this?

How to Access prior year online returns https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-access-my-prior-year-return/00/27010 If you can't get the side menus to open up to access the prior year..... You need to start entering some basic Personal Info in 2024 for the side menu to open up. Just continue a little ways into 2024. I had to go though about 12 screens. If you used the Desktop CD/Download program then the only copy is on your computer and not saved or stored online. So you need to make and keep your own backups. Or request a transcript from the IRS https://www.irs.gov/individuals/get-transcript Or get a copy of your return using form 4506 https://www.irs.gov/pub/irs-pdf/f4506.pdf