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Entering tip income in box 7 and overtime income in box 14 with a category of Overtime on the W-2 will have the TurboTax program complete Schedule 1-A Part II for No Tax on Tips and Part III No Tax on Overtime.  The result is on Schedule 1-A Line 38 which flows to the Form 1040 Line 13b.   If you do not see this on your TurboTax desktop program then make sure that you are at the latest release.  Click on Online at the top of the desktop program screen and then click on Check for Updates   You can see the calculations on Schedule 1-A by clicking on Forms

@Joan2 , are you saying that you had "nil" interest expense on 4952  ( then why did you need one /  or is it because of disallowed  interest expense ? ) and zero entry created an issue with  form 1116 ?      Are you using the most recent update version of desktop version ?  or are you using  on-line version ?

TurboTax makes it absolutely hair-pulling. The 2024 data is only needed if you use the last-month rule (LMR) to make a full year's contribution when you would otherwise be ineligible. Since she had compliant insurance for every month in 2024 she did not use the rule. Nowhere does TurboTax clearly explain that if the LMR is not used in the prior year, the prior year's data should be left blank. Deleting the 2024 data should solve your issue. 

With $8895 in box 1 and $16,912 in box 5, TurboTax (TT) should automatically calculate $8017 as the taxable amount of the scholarship.  It should not even be necessary to enter room & board.  But, for some reason, that I have never figured out, it doesn't always do it right.   Answering the room & board (R&B) question usually ensures the correct answer (amount of taxable scholarship).   You are not really telling TT how much you spent on R&B. You are only telling TT how much of the scholarship is not being allocated to QEE.     Q. What are advantages to saying all $8,017 versus just entering the actual room and board?  A.  Getting the results you want: $8017 of the scholarship being taxable so that the parent are justified in claiming $4000 of tuition (QEE) for the AOTC.  What you enter does not affect anything else.     

If I clear out the 0, using the override functionality (on desktop right click->override), this clears the Turbotax error. The 0 appears to come from Schedule A Investment interest, which came Form 4952 Part III 8.

This is a disgrace! Is nobody in charge of this software? Does nobody read the feedback from customers? I have been dealing with this problem for many years, and it is a damned nuisance. Intuit should be ashamed! Does nobody at Intuit know how to alphabetize software data?   

Are you using the Online version or the Desktop program on?   If you used the Desktop program last year, see if you have another .tax2024 file on your computer.     Or maybe last year you marked the Schedule C as FINAL in Turbo Tax?   Here's an idea.  Do you still have 2024 installed?  Try opening 2024 program and see if you can get your 2024 return to show up in it.  Go to FILE - OPEN.  And see if your schedule C is in it and if it's marked as finally disposed.  Or any Assets were disposed or sold.   Then save it again with a name and place you can find.  Go to File - Save As.  Then start a new 2025 return and transfer from the 2024 file.

@hccheung  Good News . I just installed the latest update ( think that was published on Friday -- today is Saturday. The scenario I used -- Filing status MFJ, W-2 income 85000,   Foreign investment incomes :    RIC#1 - div. income 9000, FTax paid - 1000,  RIC#2  Div income - 5000, FTax Paid -- 500;  Germany  entity DIV -- 3000,  FTax Paid -- 400;  UK Entity Div -- 5000,  FTax paid 350.  I followed the general  route of : under personal income tab --- I will choose what I work on  -->   enter W-2 details --> Under Investment group , select    dividend  entry point  and  then  follow through entering the dividend incomes one by one in a round-robin fashion --  Add Investment,  select "dividend  " tablet,  enter the details required, "my 1099-div  has more boxes", enter foreign taxes paid.  Do this till all the  dividends are entered. Once  Turbo recognizes that  you will have to fill out 1116 ( it seems), it starts to ask more questions such as country of income and whether it is "RIC"  or "Other" . When all the entries are done, you will get a screen  summarizes everything and asks  " Do you want to Review your Entries ?" --- DO NOT SELECECT YES.  This is because if you do select yes, it clears most of the entries and you have to do everything again.  Select NO. Thereafter  Turbo will take you to the deductions and credit   and pretty much walk you through  normally.  It will ask about the Foreign Credit, select credit and  simplified method.  You will have to enter again some of the information about the amount of foreign dividend, the foreign taxes  paid and the country etc.  Just go through carefully answering and making sure  that all entries are correct. Once this is finished, you can run the checks  and/or go to the forms mode and verify that the  entries for 1099-DIV and the  form 1116 Comp. wks are correct. In my case everything is as expected.   Is there more I can do for you ?

Per the IRS definition of Cost Basis, "the basis of property you buy is usually its cost;" how much did you pay for these investments originally? That amount, plus any adjustments, will be your basis. If you only held these assets short-term, you may not have to dig too deeply to find the original purchase price. Learn more: IRS Pub. 551, Basis of Assets Note: different assets and investment types have different basis and capital gain rules; you'll need to tell us more about what type of assets you're selling before we can give you more specific guidance - are these stocks, bonds, cryptocurrency, or something else?   If you did not purchase these assets, and instead received them as a gift or inheritance, you'll need to use the appropriate method to figure the cost basis. Learn more: TurboTax - Capital Gains and Losses   See also: IRS publication 550, Investment Income and Expenses. 

The 50% doesn’t reduce the self employment tax.   It is subtracted off your income so you don’t get taxed regular income tax on it.  You take off the 50% ER portion of the SE tax as an adjustment on 1040 Schedule 1 line 15 which flows to 1040 line 10.