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can you confirm if you are eligible to make the Roth contribution (via recharacterization) as you stated "I am over the income threshold for both Regular and Roth IRA deductible" - deductible contributions don't apply to Roths, the income limit applies to the ability to contribute if that's what you're referring to for the Roth, which would result in an excess contribution with 6% penalty until it's rectified    

What you did was converted Traditional IRA to Roth IRA. There is no deadline for that action.   For 2024 tax return, report a non-deductible Traditional contribution of $8,000 on 2024 Form 8606. That's all. Report conversion on your 2025 tax return.   @user17598876232 

What you did, assuming the custodian followed through, is not allowed. For recharacterization, you must use a trustee-to-trustee transfer before the due date April 15,2025 ( or Oct 15, 2025 if 1040 was timely filed or extended). You missed the deadline by two weeks. It's not clear what action the custodian actually took based on your instructions.   @user17598876232   

I had the same issue.   What I did (which seemed to work) was to create a separate K-1 entry for each entity (my K-1 also had a supplemental 199A attachment that included two additional entities).   I created a K-1 entity for each entity to enter the supplemental 199A information which was just the box 20 information.   Not sure if this is your fact pattern but, if so, hope it works  for you.

Tax years are not combined.   The desktop download software for 2025 returns will become available in mid to late November and will require many updates.   No one will file a 2025 return until early in 2026.     SYSTEM REQUIREMENTS FOR DESKTOP DOWNLOAD 2025   https://turbotax.intuit.com/personal-taxes/cd-download/tta-system-requirements/  

If you chose to receive a refund anticipation loan then you had to agree to have your refund sent to a Credit Karma account.   So your issue is with Credit Karma.     CREDIT KARMA CARD   https://ttlc.intuit.com/community/intuit-account/help/is-credit-karma-a-part-of-turbotax/00/2092900     https://support.creditkarma.com/s/    

If you are a self-employed independent contractor filing schedule C, you would report the mileage deduction at 70 cents per mile and then report the 58 cents per mile reimbursement as income.   If you are a W-2 employee, the company can reimburse you tax-free any amount they want.  As long as they use an accountable plan (where you have to prove mileage by records, or maybe they do it from their dispatch logs) then any reimbursement of 70 cents or less should be tax-free and not included on your taxable income.  However, you can't take a tax deduction for the difference. That provision was removed from the tax code in 2017 for W-2 employees.    You can still list it in Turbotax, because some states still allow the deduction, but only if you itemize your deductions and the unreimbursed mileage is more than 2% of your income.  Turbotax will ask for your mileage and will also ask for your un-taxed reimbursements.  Be sure to enter both so the deduction is calculated correctly.   If your state allows it, and if it will benefit to you, it will automatically flow to your state return.   

@lchan wrote: Looking back at my returns, I have several years where the value in Line 2 is $0, therefore the cumulative value is never reported correctly.  Most recently, in 2022, Line 2 is $0, thus restarting the total.  How far back can I submit an amendment, because it's several thousand dollars that are being miscalculated? I would go back as far as you can prove.  The IRS will not pay a refund on an amended return more than 3 years old, but I think they will accept your form 8606 since you are just documenting the carry over basis you missed.     You would need to download the specific form 8606 for each year.  The IRS has prior year forms on their web site.  You also need form 1040-X for each year that you need to amend.  Since you are not changing your deduction (you already did not take the deduction, you just didn't carry over the prior deductions correctly), you will need to copy the specific numbers from your tax returns to the 1040-X, but there's no math involved.  Column A would be what you originally reported, column B (changes) is zero, and column C is the same as column A.  The reason you would write on part II would be to correct form 8606 because you failed to include the prior basis on line 2. https://www.irs.gov/forms-pubs/about-form-1040x   You will have to go in order, starting as far back as you have records to prove what you did.  If you don't have copies, the IRS is supposed to have your transcripts for either 7 or 10 years.  https://www.irs.gov/individuals/get-transcript   Start with the first form 8606 you can prove is wrong, then prepare them in order.  Prepare a 1040-x to accompany each form 8606.  Sign everything, and mail to the IRS (separate envelopes for each year).  Then keep the final amended form 8606 from 2023 with your records to use when you make future contributions or withdrawals.   

When I try to update Identity Protection Pin, I receive the following error:   "Hmm, looks like we've hit a snag" "We recommend you revisit the last topic you were working on to make sure all you info's correct."   I was not working on anything, I came back into the return because it was rejected by the IRS due to this missing IP-Pin. I went directly to Other Situations under Federal Taxes and receive the error above when trying to update.    Please advise ASAP!  

Yes sorry.   You need 2 programs.   For your personal return you can use either the Online version or any of the personal Desktop  programs.  All the personal Desktop programs have the same forms. You just get more help and guidance in the higher versions. So you can use a lower version like Deluxe.   

I can simply make no sense of what you are trying to explain.   It seems you are trying to use your tax return as a remedy for a problem you have with your employer---over an issue regarding $1000 that you believe the employer owes you.   Your problem is with the employer.   Trying to amend your tax return to recover money that you think is owed to you by your employer just will not work.      "My Employer deposited my 2024 in 2023"  is mystifying.   What 2024 did your employer deposit to 2023?   It just does not make sense.      If any other Champs or experts want to view this with fresh eyes and see if they can understand, help is welcome.  @Opus 17   @DoninGA  @VolvoGirl  @Mike9241   @rjs