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@MonikaK1 Thanks for the response.  Since he is not going to be a dependent on my return he is going to enter Jan as start and end months, 0% as his part, and he would enter only the values for the month of Jan.  The rest of the months do not apply to him since he was not covered.  If he enters those values, all those values show up in 8962 as full amounts and he won't be eligible for the premium tax credit because of his income.   I would do the same thing: Jan shared, 100%, but enter all the values for all the months. Is my understanding correct?   Unfortunately, the example in the article you referenced assumes Darcy was covered for the whole year so it doesn't quite answer the question as to how much of the data needs to be entered by Darcy.

The Enhanced Deduction for Seniors automatically calculates on page 2 of Schedule 1A of Form 1040 if you are eligible.  It then flows to Form Form 1040 line 13b along with any other Additional Deductions.  To view the calculation of the deduction you can View your tax return.     To review your Form 1040, while logged in and in your return:   On the far left of your screen, click on Tax Tools From the Drop Down menu, click on Tools Click on View Tax Summary on the pop up window On the far left, click on Preview my 1040

TThank you for this answer, DaveF1006.  I spent most of the afternoon trying to figure out why TT was Thank Thank you, DaveF1006, for this answer.  I spent much of the afternoon reading TT Community posts on this issue, after I discovered that TT was calculating a penalty even though I met my total RMD.  I saw that this same issue came up in the 2024 tax season, so it is distressing, as an almost-30-year-TT-user and as an Intuit shareholder, that this was not fully resolved during the off-season.  That aside, I think the interview needs to ask two separate questions, rather than just one, on the page "Let's get more information" about the RMD.  The interview correctly distinguishes between any RMD due before April 1 (for the unique situation of the first RMD at age 73, under current law) and then asks how much the RMD is for that specific account.  The correct answer to that question, for Account A in your example is $700.  TT should then ask a separate question,, "How much of the total amount of all RMDs are you allocating to this account?"  The correct answer to this second question, for Account A in your example, would be $900.  The text at the bottom of this page, which says "Note: Do not include the RMD for other retirement accounts you may have.  RMDs should be entered separately", is confusing or misdirecting users, since in fact, you do want them to include any portion of the RMD from other accounts that they allocated to this account to satisfy the requirement to take the total RMD for the year.  If TT could turn this page into two questions and clarify the language, users would not have to fill in wrong answers to questions (e.g., saying the RMD for Account A was $900, in the example, when the correct response to the question that is actually asked, is $700).  Users would not have to construct a "work-around" for a bug in TT.   Since you are an employee, perhaps you can forward this suggestion to the TT programmers.  Until this issue is fixed, your work-around seems to me the best option.

 Here's how to phone TurboTax Support to discuss your issue, help you troubleshoot multiple accounts, and any possible security issue.    Hours 5AM-9PM Pacific, 7 days a week. https://ttlc.intuit.com/turbotax-support/en-us/contact/   Looks like TurboTax @ MonikaK1and I were typing at the same time 🙂 .   She beat me by 4 seconds and has additional helpful information.

If someone has created or accessed an Intuit account using your identity without your consent, please see this help article for steps to take including contacting Intuit.    If you believe you have been a victim of tax-related identity theft, you should also:  Most importantly, follow the IRS procedures for reporting a fraudulent return. Monitor your credit reports through TransUnion, Equifax, and Experian for any suspicious activity. File a police report with your local law enforcement agency. File a complaint with the Federal Trade Commission (FTC) at Identitytheft.gov or the FTC Identity Theft Hotline at 1-877-438-4338 or TTY 1-866-653-4261.  

In the situation you described, your son would need to indicate that he was only covered by Marketplace insurance for January. If he was a dependent on your return, he would not have to complete Form 1095-A information on his return.   See this TurboTax help article for more information.   @shah123 

You can take your Required Minimum Distribution (RMD) for all your traditional IRAs from just one of your IRA accounts.  RMDs from 401(k) plans or inherited IRAs must be taken separately from each specific account.    Assuming that all your retirement accounts are Traditional IRAs, what you did is correct and won't raise a red flag to the IRS.

SEP contributions should be calculated using Net Earnings from Self-Employment, which is box 14-A of Schedule K-1 (1065).  Box 14-C is Gross Nonfarm Income, which to the best of my knowledge is only used calculate the optional nonfarm method of calculating self-employment tax.  The Business program should be using the amount in Box 14-A.  Have you reviewed the SEP/IRA Worksheets in Forms view?  Right click on Box 1a.  In the pop-up window, click on "Data Source".  This shows that the source for "Net earnings in self-employment.." comes from Box 14, Code A, not Code C.  The calculation in both programs should be the same. 

I removed all 1099-INT and 1099-DIV and re-entered them.  During the smart check, errors are flagged and sure enough the errors were missing information for form 8615.   My daughter is a full time student, so I claim her as dependent.  As little as she made, form 8615 keeps popping up and prevents me to continue is quite frustrating.   Please help