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No,  if you received a 1099-R reporting the taxable portion, (the interest earned) you will not get a 1099-R reporting a pension, you had no pension.   You would only be tax on, and therefore only report, the taxable portion.  Enter the 1099-R you received and continue. You will not get a CSR 1099-R since you are not receiving a pension. Any refund of your contributions is just a refund, you already paid tax on that when you earned it. Contributions to a FERS account are made "After Tax".    @FFE2025 

To claim your 2025 estimated tax payments do the following:   Click Tax Home at left of your screen Go to Deductions & Credits On the "Your tax breaks" screen, scroll down to find and click on Estimates and Other Taxes Paid Click on Start to the right of Estimated Tax Payments and make your federal and/or state entries Enter the amounts for each quarter and the dates, as applicable Click Continue                

The answers to your questions are listed here for you as well as updated tax law for state and local taxes (SALT) under the One Big Beautiful Bill Act (OBBBA). If you are using actual expenses, and the mortgage interest was already entered in the itemized deduction section you should always check 'Yes' for your home office deduction. The exception would be if you were using the simplified method for your home office.  See the information below for the details of this deduction.  Yes, you would enter the full amount because your office square feet divided by your total home square fee would be the percentage that would be used. However, follow the instructions on where to enter your real estate taxes (excess real estate taxes on the next screen) if you are not itemizing. Simplified Home Office Deduction: If used never requires depreciation recapture when sold later. Standard $5 per square foot (300 maximum square feet) used to determine home business deduction SALT - Current Tax Law: The limitation has increased from $10,000 to $40,000 (MFJ) for 2025, limited only if the income is greater then $500,000 (MFJ).  

I'm not sure if you can see the previous thread but I asked about ways to estimate our tax burden because we have owed a lot. One of the suggestions was making quarterly payments to the IRS or increasing our federal withholdings. Could we put the amounts into the HRA account and increase our 401K contributions dollar per dollar to not owe? So instead of paying $2500 each quarter could I split that quarterly $2500 between our 401K's and HRA accounts? 

It is not a tax credit, it is an additional deduction.  TurboTax automatically completes the form to give you the deduction based on your age, filing status and income. Note - Filing as Married Filing Separately disallows this deduction.   Standard deductions for 2025 Single - $15.750 add $2,000 if age 65 or older Married Filing Separately - $15,750 add $1,600 if age 65 or older Married Filing Jointly - $31,500 add $1,600 for each spouse age 65 or older Head of Household - $23,625 add $2,000 if age 65 or older   New Bonus Standard Deduction (OBBB): An additional $6,000 deduction for taxpayers 65 and older. This is per eligible individual, meaning a married couple both over 65 could get $12,000. Important: This bonus deduction is temporary, lasting from 2025 through 2028. Income limitations: It phases out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers. The amount is calculated on Schedule 1-A, Part V, with that amount flowing to Form 1040 Line 13b Look at your Form 1040 - You can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

The “senior deduction” is added automatically by the software based on the date of birth and filing status you entered into MY INFO.  You do not need to take any extra steps to enter it. (And…the new senior deduction has nothing to do with whether you are getting Social Security)     2025 STANDARD DEDUCTION AMOUNTS SINGLE $15,750  (65 or older/legally blind + $2000) MARRIED FILING SEPARATELY $15,750  (65 or older/legally blind +1600) MARRIED FILING JOINTLY $31,500  (65 or older/legally blind + $1600) HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)     For 2025 through 2028 there is an extra  deduction amount of up to $6000 per individual 65 or older filing Single, MFJ, or HOH which is phased out for taxpayers with modified adjusted gross income over $75,000 for single filers and $150,000 for joint filers.   (The deduction phases out completely at $175.000 Single or HOH, or $250,000 joint)   The $6,000 senior deduction will be calculated on 1040 Schedule 1-A page 2 Part V Enhanced Deduction for Seniors which goes to 1040 line 13b. It is separate and in addition to the Standard Deduction or your Itemized Deductions on 1040 line 12e.  Turbo Tax automatically includes it. IRS Schedule 1-A https://www.irs.gov/pub/irs-dft/f1040s1a--dft.pdf

You were able to download 2025 to your Windows 11 PC.    Your laptop has---according to you---Windows 10.   Windows 10 does not meet the system requirement to use desktop for 2025---regardless of the fact that you put it on your Windows 11 computer.

Since your 1099-B's are available online, you could use those to make your entries into TurboTax.  The data used for the import from Fidelity is a different format than forms viewed online, so the import takes longer to be available.   You could also use Auto Import to be notified when the import happens.   @pshahusa 

1. If capital gain is related 'crypto lending', will I have to report the profit on my tax return?   2. Overall in 2025, I lose most of my initial money in the crypto lending project, can I report this capital loss?

Great question!   Do your employers offer 401(k) plans?  If so, traditional 401(k) plans allow you to contribute up to $24,000 if under age 50.  These contributions are "pre-tax" meaning that they will reduce your taxable income.  If over age 50, there is an additional "Catch-up" contribution amount of $8,000 you could claim, however, if you earned more than $150,000 in 2025, those catch-up contributions have to be made to a Roth 401(k), which does not reduce taxable income.   Another way to reduce taxable income is by contributing to a Health Savings Account.  If your employer offers a High Deductible Health Plan, you can make contributions to a Health Savings Account up to $4,400 per year for individual plans or $8,750 for family plans.  There is also a "catch up" contribution with these plans:  An additional $1,000 per year may be contributed if aged 55 or older.  Health Savings Accounts have what is called the "triple tax advantage":   Contributions to the Health Savings Account have no tax assessed on them at contribution Money in an HSA can be invested and the growth on the investments is tax deferred Withdrawals from the HSA are also tax-free, provided that they are used to pay for medical expenses The HSA is also another good vehicle for retirement savings as the funds are yours even if you no longer have HDHP insurance.