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In the upper right corner of the app desktop, find and click on "Forms." A list of forms will appear. Find Form 5329--T. Click on it. The form will open. I had to type in my address, but my name was there already. Scroll down to part IX. If you click on the YES box under Corrected?, your tax liability will be reduced so that you only have to pay 10% of the RMD shortfall. CAUTION: There is a worksheet visible which asks for the amount that you corrected. In my case, I corrected the entire shortfall so I typed that number in the box. The app seems to think that is all that is required. HOWEVER, after going all the way to the end, at the point where I could push the "Submit" button, when I pushed the "Submit" button, the program said, "Not so fast, dummy!" (or something like that). It then took me to the Worksheet that asks for an Explanation of the corrected amount. At that point the program computes your taxes due/refund AS IF THE IRS HAD GRANTED A REQUEST TO WAIVE ALL OF THE SHORTFALL PENALTY.  Moreover, despite the re-computation of tax due/refund, THAT FORM will not be saved. The program puts you into a DOOM LOOP (fill in the form, continue, hit Submit, go to the form, fill in the form, continue, hit Submit . . . ).  The only alternative at that point is to file a Paper Return.  This means, you can file electronically ONLY if you do not fill in the box that asks how much of the shortfall you corrected. I was on the phone with the Turbo Tax help team for hours and none of the three that I talked to told me that I could file electronically IF I WAS WILLING TO CORRECT THE SHORTFALL without asking the IRS to waive the entire amount. Hope this helps.

Once your return is filed, TurboTax has no control over the processing or the timing when the IRS releases your refund.    The IRS Where's My Refund site will not take into account the 5 days early, but if you signed up for the 5 Day Early product, you should receive your refund deposited 5 days prior to the date indicated by the IRS, assuming all conditions are met.   For more information click on the link below 5 Days Early Option   If you don't get your deposit 5 days early, there is a few reasons why that might happen.   Your refund was offset or differed from their estimated refund amount, bringing the refund amount below the minimum threshold or above the maximum. What is a refund offset? Your bank wouldn't accept RTP (Real Time Payments) or Same Day ACH deposits, preventing Intuit from depositing your refund 5 days ahead of when the IRS would have deposited your refund. The IRS didn't give Intuit 5 or more days of notice in advance. This stopped Intuit from meeting the 5 days early expectations. If TurboTax is unable to deliver the refund 5 days early, your order will be canceled and you won't be charged the 5-Day Early fee. You will receive a follow-up email with a refund and timing update, and if any cancellation is applicable. 

@rhmaynard You are correct.  It is in the instructions for the 2025 Form 1099-R.  And it is shown on the 2025 IRS Form 1099-R.   My mistake, was looking at a 2024 Form 1099-R.   There is a code Y for box 7 of the 1099-R when using the TurboTax online editions and the TurboTax desktop editions.   Created a Form 1099-R with $5,000 in box 1 and box 2a empty.  Box 7 used a code of Y.  Continued through the various screen and landed on the screen How much did Payer transfer directly to charity?  Enter $5,000 and on the following screen $5,000.00 of your retirement distribution is now designated as a nontaxable Qualified Charitable Distribution (QCD).      

Rental Property sales are entered in two places under Rental Properties.   Open your return, go to Tax Tools >> Tools >> Topic Search. Search on "schedule e" then click the link. On the Rental and Royalty Summary page, click Edit (pencil icon) beside the property you sold. (If you didn't report this property last year, you'll need to complete all the interview questions, including setting up the asset(s) for depreciation.) Click Edit beside the Rental Property info. Under General Info: "Situations" (or on the page "Do Any of These Situations Apply?"), click "I sold or disposed of this property." Continue through the screens to the Property Rental Summary page. Click Edit beside Sold Rental Property. Go directly to your asset summary and click Edit beside the rental asset you sold. Continue to the page "Tell Us More About This Rental Asset" and check the box for "The item was sold..." Enter the date of the sale in the pop-up box. Follow the prompts to enter the sale information. Continue back to the Property Summary page. Click Done and answer any follow-up questions. For more info, see I sold my rental property. How do I report that?

Follow these steps to add Form 8862 to your taxes:   Sign in to your TurboTax account and click Continue your return. Click Search in the upper right-hand corner and search for 8862. Select the first result: Jump to 8862. Now you are at the beginning of the Earned Income Credit. Continue on the first two screens and stop when you see Do any of these uncommon situations apply? Check the box that says, I got an IRS notice saying that I can only claim the Earned Income Credit if I file an 8862 and Continue.   Select Done, but hang on, there are a few more steps to go. Answer the question about your IRS notice.  

How was your federal pension reported? On a 1099-R from the OPM? Was the reporting the same both years?   What was your AGI in both years? Kansas did make a change this year (Tax Year 2025) about removing the income limitation on Social Security in Kansas, but I am not finding something for federal pensions.

I am not trying to take any advantage of tax system.   Option 1 - take RMD on Monday. Then move money to ROTH on Tuesday.  Perfectly legal.  All is fine.   Option 2 - Move money to ROTH on Monday, and then take out RMD on Tuesday.  That causes big problems and subject to 6% penalty.   Here is the crazy part.  The money involved is the same in both situations.   Not tax advantage doing it one way vs the other.  The RMD amount was FIXED back on Dec 31st.

The forms in your complete return are in numerical order after the Schedules (A, C, D, E). Look for the title "Passive Activity Loss Limitations" at the top of the page and Form 8582 in the top left corner.

I have proceeded to look at the tax forms. There is income being calculated for my husband in Part III of Form 8889. He does not have a separate HSA account, so I don't know why there is a form for him. My form has no income in Part III.

Yes, I do have the Open Forms button at the top.  Scrolling down to State: The State does have the correct (+) and (-) toggles. A.I. suggested at least 12 remedies, each touted as the absolutely guaranteed solution. I need the upload PDF button, which only appears at the "Federal" level. If I can't upload my PDF tax allocation statement, I'll have to type one out, then snail mail the entire return to IRS and the state.

Yes,  you can view the 1040 and Schedules 1. 2. & 3 before you pay for TurboTax.   On the left menu, scroll down to Tax Tools. If necessary, click the side arrow and select Tools.  A box will appear in the middle of the screen. Select View Tax Summary. A tax summary will appear. On the left side menu bar, select Preview My 1040. This will bring up a copy of your 1040 Tax return. If you continue to scroll down, Schedules 1,2 & 3 are available if they are required. Some key numbers on the form are: Taxable income is line 15 Total tax is line 24 Federal Income Tax withheld is line 25d Tax credits are listed on 27 - 30 If there was an underpayment, there may be a penalty Refund is posted to line 34 Amount you Owe is line 37

Yes, if Box 14 of your W-2 lists "OT premium" you should enter it in TurboTax and select the "Overtime category" to make sure that you properly claim the 2025 tax deduction. This allows for the 50% premium portion of overtime pay to be excluded from your taxable income as the deduction provides.     Click here for How do I enter overtime pay in TurboTax Online?   Click here for No Tax on Overtime Calculator   Click here for No Tax on Overtime Explained: Qualified Overtime Deduction Rules for 2025 Please return to Community if you have any additional information or questions and we would be happy to help.  

if you can't itemize paying off the mortgage might make sense because you are getting no tax benefit from the interest. However, you do not want to leave yourself house-rich but cash-poor, which means that if a "cash" emergency arose, you would have to borrow at a much higher rate.  The general recommendation is to have 3 to 6 months of cash available to cover emergencies. Tax laws are now much more complicated, so it's a question of what the tax consequences would be if you had a spare $100,000. For some taxpayers, not paying off would be economically better, while for others, the reverse would be true. 

Does Smart Check present you with a sub-form displaying pink highlighted fields? This message usually appears when there are blank boxes in the passive loss table. Enter a zero each time Smart Check asks for a value. Or enter zeroes in all pink boxes.