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@baldietax wrote: ........"If you purchase TurboTax Desktop for tax year 2025 and cannot install it on Windows 10" means ... so will it install on Win 10 or not?...... This is a somewhat perplexing and curious statement since (a) TurboTax Business apparently will support Windows 10 and (b) ProSeries (which can read TurboTax files) will also support Windows 10.    I suppose will know in short order - the 2025 editions should be released within a couple of weeks and on pre-order well before.

 Yes.  You pay ordinary income tax on IRA Distributions and RMDs.  And it may push you into a higher tax bracket.  Whose IRA was it?  If it was your spouse's IRA did you move it into your own IRA account?     For the TOD Brokerage account  you get a step up in value.  What state are you in?    When you sell you only pay tax on the increase over the stepped up value when you sell anything.   So no you don't pay tax on the step up in value, just on the sales.     @dmertz and anyone else?

Note to users who read this thread:  The original poster edited their original question (and some of their subsequent responses) --- which asked if their Social Security including amounts deducted for Medicare is considered to be income.   The replies they received were about that issue.   

Did not get it. But I'm startled that they are now willing to support TT2025 on Win 10 for business but not for consumers. Fairness? Nah.  Think: Afraid of the economic cost to Intuit from the loss of business customers.  And lack of ethical considerations for (heretofore) loyal consumers. $$$ only. Still no rational justification for their unilateral decision to drop support for Win 10 - i.e. traditional desktop TT.    In addition,  her rationale is erroneous in stating consumers will have to pay for extended Win 10 support. Some may have to, but many have been offered extended support at no cost.    

Also for the first year IRA RMD  you have until April 1 of the next year to take it.  But then you would have 2 RMDs to report in 2027.  I have to start my RMD next year too when I turn  73 .     And you can make a QCD Qualified Charity Distribution in 2026 for the 2026 RMD and  it won't be taxable but will still count towards your RMD.   See IRS Pub 590-B, page 6, Required minimum distributions (RMDs). https://www.irs.gov/pub/irs-pdf/p590b.pdf       

Been using TurboTax for many years.  No more!   I use Windows 11 at work and like Windows 10 MUCH better.  Not upgrading my personal laptop to Windows 11 and I'm certainly not going to save all my info online!

Been using TurboTax for many years.  No more!   I use Windows 11 at work and like Windows 10 MUCH better.  Not upgrading my personal laptop to Windows 11 and I'm certainly not going to save all my info online!

In January you should receive W-2's as usual for the jobs you worked at for part of the year.   Social Security will mail out SSA1099's to you in January, so be on the lookout for those.    You will get a 1099R for the pensions---the might mail it but often you need to go to the plan's website to get it or in some cases you might be able to import it.    The information for a 1099R is not typically available for import until later in February from most financial institutions.        Go to Federal> Wages & Income>>Retirement Plans and Social Security  (SSA1099 and 1099RRB) to enter your SSA1099.     To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.       I PAID TAX ON THE RETIREMENT MONEY ALREADY You had tax withheld from the distributions from the retirement account, just like when an employer withheld tax from your paychecks.  When you enter it all into the software, the calculations are done to reconcile the amount of income you received and the amount of tax that was withheld.  You might owe more or you might get a refund.   NOT ON THE DROP DOWN LIST If your bank or financial institution is not on the drop down list, click the words “I’ll type it in myself” and key in your information by hand.     See if your financial institution is on the Partner List - If not, you will have to enter the information manually.        

You can log in to your SS account and get a benefits statement from Social Security.  That will tell you how much you are getting each month for SS Benefits, Medicare and withholding.  Take that and multiply it b y 12 months.   Do you know how much your monthly amount is?  You should have received a letter last November 2024 for your 2025 payments.      Like here is my SS Account.  You would want the second one that says... Your 2025 Social Security Cost  of living increase.  

interesting... maybe @KarenL who posted that message can join the chat and help clarify what "If you purchase TurboTax Desktop for tax year 2025 and cannot install it on Windows 10" means ... so will it install on Win 10 or not? - or is this badly worded and meant "if you purchase TurboTax desktop for tax year 2025 and cannot install it because you have Windows 10" etc etc.   This page has been updated with the link to the 2025 system requirements and states "TurboTax Desktop 2025 will only run on Windows 11 (64-bit). You won’t be able to install or use TurboTax Desktop 2025 on Windows 10"   https://ttlc.intuit.com/turbotax-support/en-us/help-article/download-products/end-support-windows-8-affect-turbotax-experience/L4v9atO3O_US_en_US?uid=mh2mytjo  

Whether your Social Security benefits are taxable is determined by how much other income you received during the year.  If you are receiving other income from working, receiving a pension, investment income, rental income, etc. etc., up to 85% of your Social Security can be taxable.