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Most guidance that I am seeing states that interest earned on a certificate of deposit must be reported in the year it is earned, regardless of if the bond reached maturity in that year.  From personal experience, I had a 10 month CD that matured in January, 2025, but I was issued a 1099-INT for the 9 months I had it in 2024 and had to report that interest on my 2024 return.

I am not yet sure whether the above approach makes 8949 and 1116 consistent.  Let's work with specific numbers:   Sale Price was $50K Taxes Withheld on Sale $15K FMV on Deceased Death $150K Expenses Definitely Related to Sale $50 (appraisal to establish FMV)   In this email, I first want to make sure 8949 is correct, then depending on the response, I will get to 1116 in the following email.   Proceeds: Should this be $50K or $35K?  In my bank, $35K was deposited but deed says sale price was $50K Cost Basis: This is easy, $150K Adjustment to Gain or Loss, $50   Thanks.   @DaveF1006   

Follow-up questions.  Since I am the plan administrator, can I recharcterize my excess contributions from last year from employee to employer contributions and apply them to 2026 tax year?   Thanks in advance

I wish this was true, but there still appears to be no way to ever find questions or a way to update information related to 4. The next screen will say "Let's enter [name]'s HSA contributions".  You can enter the contributions you made outside the employer plan in the lower box (the top box has the employer contributions automatically carried over from your W2). I can get questions about additional employer contributions, overfunding a prior year, etc., but somehow never a way to enter direct contributions by me for this tax year.

Thanks for the suggestions!  I've been through each item you suggested, and I think I found the smoking gun (Item 1).  Regarding your 5 suggestions below: 1.  If I take the % of my UPE to my total K-1 income (Box 1), and I apply that percentage to both the SEP Contribution and 1/2 SE tax, it sums to $287!  Turbo Tax must be adding that % back to my QBI as an added benefit.  Evidently, H&R Block doesn't do that. 2.  $1435 is more than my total UPE and a lot less than my SEP deduction, so can't be that. 3.  I have numerous sources of income (W-2s, 1099s) that exceed the K-1 income, so couldn't explain the $287 difference. 4 & 5.  The root of the problem is that nowhere does TurboTax explain how they generate the QBI number.  My QBI Component Worksheet does not have a line "Self-employment tax deduction allocable to this business," nor does the QBI Deduction Summary, nor does Form 8995-A.   

Windows might be restricting installations to only the Microsoft Store. Go to Settings > Apps > Advanced app settings (or "Apps & features"). Under "Choose where to get apps," change the setting to Anywhere.

Nothing worked because I was locked out of the form -- I couldn't make any changes/deletions etc. with my keyboard. There was a blank line as the first entry but I couldn't delete it. I ended up trashing the entire Schedule C and recreating it.

You'll need to file an amended return if you determine that you have made an error or have omitted something from your tax return.   Please read this TurboTax Help topic on how to amend a prior-year tax return.

To clear your entries for the energy efficient home improvement credit, follow these steps: From the left rail menu in TurboTax Online, select Tax Tools (You may have to scroll down on the left rail menu.) On the drop-down select Tools. On the Pop-Up menu titled “Tools Center,” select Delete a Form. This will show all of the forms in your return. Scroll down to Form 5695 Energy Efficient Home Improvement Credit. Select the Form. Click on Delete.  Always use extreme caution when deleting information from your tax return.  There could be unintended consequences.   

TurboTax desktop supports multiple tax files; you can have one for each of your IRAs with basis history. Then combine for the final 1040 Line 4 as described above.   In any case IRS expects all Forms 8606 to be retained in your files forever.

Sounds like something got stuck. You can try these things:   Log Out Completely: Before doing anything else, click Sign Out in the TurboTax menu. Clear Cache and Cookies: This removes old, "corrupted" data that might be confusing the website. Use an Incognito (Private) Window: This is the most effective "quick fix" because it launches the browser without any saved history or extensions (like AdBlockers) that often interfere with tax forms. Check Pop-up Blockers: TurboTax often opens forms (like the 1099 PDF) or payment windows in a separate pop-up. Look at the right side of your address bar for a small icon with a "red X"—click it and select "Always allow pop-ups from Intuit." Restart the Browser: Close all open windows of your browser entirely and then reopen it.   Most TurboTax errors happen because the browser is trying to use an old "session" from a previous visit. By clearing the cache or using Incognito mode, you force the browser to establish a brand-new, secure connection with the Intuit servers.

In TurboTax Desktop Deluxe, while you are working on one tax return, if you click the 'File' button on the top left you can click on 'New Tax Return' if you would like to start a new return or 'Open Tax Return' if you would like to open another tax return that you have already started in this year's program.     That way you can switch back and forth between as many tax returns as you are working on.