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Q. can we enter $2k, instead of $4k in our box 1? A. Yes, you can enter any amount, up to $4000   Q. Do we get the full AOTC? A. No. The AOTC is 100% of the 1st $2000 of qualified educational expenses (QEE). So, $2000 only gets you $2000 AOTC, not the full $2500.   At a minimum, you should use $3075 (34498 - 32350 + 558 + 369 = 3075). But, should still enter $4000, unless his tax rate on the $925 taxable scholarship is 25% or more (unlikely).     

The registration fees may be deductible on your federal and state tax return as an itemized deduction even if paid to a state you do not reside in, depending on state regulations in your state. They are itemized deductions if the fee is based on the value of your vehicle. Otherwise, they are not deductible. Also, you need to benefit from itemizing your deductions for the deduction to help you.   You enter the fees in the Deductions and Credits section, then Cars and Other things you own.

@broman235 The TurboTax online Free edition supports entry of the Form 1098-E for student loan interest.   Go to this website for the Free edition, scroll down the page and click on Tax Forms, enter 1098-E and it will show which online editions support the Form 1098-E - https://turbotax.intuit.com/personal-taxes/online/free-edition.jsp#tax-forms

Same.. wish there was a way to bypass this form..mine is also not necessary..for the last 3 years I’ve had similar issues being blocked from efiling for forms that don’t impact my return.. each year I’ve had to find my own solution..very frustrating..in this instance I would understand if I was claiming the CCA but my form is also blank?!

To clarify again, are you able to utilize your entire credit this year, or was there a carryover? I tested this in TurboTax online, and it just gave me the full credit and did not ask additional questions.    What I did next was change the amount of the 1099 DIV to over $600. Then I went through the foreign tax questions again. When it asked me if I wanted to take the simplified election, I said no.  I then continued through the interview until I was done.  When done, I looked at my forms and saw that Form 1116, the worksheet, and Schedule B (1116) was present in the forms.   Next, I changed the amount back to $500. When I looked at the forms, all that remained was Form 1116 -- Foreign Tax Credit Comp Wks.    The main ingredient here is in the first step, indicate that you do not want to take the simplified election. Try this to see if this is the missing ingredient. This will only work if you had a carryover and were unable to claim your full $500 credit this year.   As far as the spreadsheet, you can create one for your own records. The only problem is that if you took a credit that was under the Foreign Tax Credit threshold, IRS won't allow the carryover to be applied for future years. The IRS explicitly states in Topic 856 "If you claim the credit without filing Form 1116, you can't carry back or carry forward any unused foreign tax to or from this year" Having the Form 1116 -- Foreign Tax Credit Comp Wks. in your return may be your saving grace for next year.        

You have to file a separate tax return for each child. You cannot include their income on your tax return. Their UTMA transactions and income go on their individual tax returns, not on your tax return. You go through the "Child's Income" section on each of their tax returns, not on your tax return. You said that the children's UTMA accounts have capital gains "which are more than offset by capital gains losses that I have." Your capital losses cannot offset the children's capital gains. Their capital gains go on their tax returns. Your capital losses go on your tax return. Their is an option to report a child's income on the parent's tax return. You cannot use that option because the children have capital gains. It's usually not a good idea to do that anyway. The only advantage of reporting the child's income on the parent's return is that it's less paperwork. It will not save any tax, and in many cases you could end up paying more tax overall than if you file separate returns for the children.  

When you are entering your 1099-R do you mean that you are seeing your Federal tax due increase?  After you click "I inherited this IRA", then enter the details on the next few screens, you'll get to the screen "Let's get more information about your Required Minimum Distribution (RMD)".  In the RMD due by Dec. 31, 2025 box, you will enter the RMD for this 1099-R.  After you click continue, you may notice your Federal tax due increase at the top of the screen - this is normal.  On the next screen, if you click "The entire distribution applied to the December 31, 2025 RMD", the Federal tax due will drop back down again.   TurboTax has no means of determining your RMD for you, so it isn't possible that TurboTax is doubling your RMD in the forms.  If you have other details you could share about the issues you are seeing - such as if you are being penalized on Form 5329, etc., that will help us to better help you.  

Try these options to fix the issue you are having: If you are using TurboTax Online Check ‌your browser settings. (clear your cache and cookies) How do I delete cookies  How to clear your cache  Check your internet connection. Try using a different web browser.   If you are using TurboTax Desktop Make sure the software is updated.  If you haven't rebooted your computer, please do.   Another option is to remove the Schedule H form by going to the Tax Tools section, select Tools, and Delete the form. Then clear and start over from the very beginning. How do I clear and start over?  

L'ajout du montant transféré admissible à titre de REER a réglé le probléme. Je crois que votre logiciel devrait nous indiquer que ce transfert doit être complété par une cotisation à titre de REER afin d'éviter que le montant soit imposable.   Je n'ai pas besoin de votre appel comme proposé.   Merci !

The info for the Information Worksheet comes from your entries in the 'My Info' section.  You can check your entries there to be sure they are correct.  Are you filling out the worksheet in FORMS mode and receiving an error when trying to Efile?  If you can give more info, we'll try to help.   If you're using TurboTax Online, it always helps to close the program, clear your Cache and Cookies and return to the area in TurboTax where you were working.   @lucayou73 

Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund.   If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/track-state-refund/L3jgO8PGs_...

I just installed the latest TurboTax updates to my desktop version of TT Premiere (today 2/26/2026 at 9:50 am MST).  It indicated that an update to the New Mexico State was installed but provided no details.  Can you inform me how I can tell if this update included the correction to Form PIT-ADJ capital gains, so that I can confidently re-file my NM state return?  Thanks.

you have a choice. Since payment will be received in more than 1 tax year, you can report it as an installment sale. However, you can opt out of installment sale reporting. hopefully there's a provision that the installment payments will bear interest. 

@dmertz    ​Thanks for the help! One quick follow-up: Since I am under 59 1/2, will I need to manually apply Exception Code 21 on Form 5329 to avoid the 10% early withdrawal penalty on those earnings? Or does entering the 1099-R with code 'P' automatically handle that in TurboTax?