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the net short capital gain or loss i.e. how would Part 1 of Schedule D look if you just take into account the YTD sales up to each quarter.  The 4th column is your 2025 total from your return.   don't know what total income "60k more than I add up" means you'd have to provide more details what you are adding up.

Thank you.  The Coop's name is listed as the recipient/Lender. My name is listed in the payer's/borrower's name.  The last 4 of my SSN are listed on the Payer's/Borrowers' TIN.  My apt is listed on Street address.   Should I answer anything differently?   I don't see an option for: On the page "Do any of these situations apply?" choose "Our names are not on the 1098."   The below questions are being listed.  Should I delete my current answer and leave the below blank?   1. Do any uncommon situations apply? Someone co-owns this loan, and I only pay a portion of it. The seller is financing this loan and I didn't receive a 1098. None of these apply.   2. What kind of property is this loan for? Primary home This is where you live most of the time—can be a house, condo, mobile home, or other property types. Second home This is usually a vacation home. It can be rented out part-time as long as you live there for a certain amount of time each year. Other This includes rentals you don’t live in and business properties.   3. Did you pay points in 2022 when you took out the loan? I paid points when I refinanced, purchased a second home, or opened a home equity loan in 2022. I have already deducted all the points I paid in 2022, or I didn't pay any points.   4. Is this 1098 the most recent for your loan?  If you only have one 1098, select Yes. When you refinance or your lender sells your loan, you’ll get 1098s for the original and the new loan. When this happens, we need to know which is the most recent. Yes No   5. Let’s get some details about this loan This helps us know how much interest you can deduct this year. Learn more This loan is a home equity line of credit (HELOC). This loan is a refinance of a previous loan. This loan is neither of these.   Thank you for your help.

Using the annualized method may serve to reduce penalties that were calculated without that method if your income fluctuates throughout the year, as @CesarJ pointed out. You still need to make any required quarterly payments by the due dates.    See this TurboTax blog article and this one for more information.   @TaxFiler5467 

If you are not getting the $2000 credit for your AC heat pump tax credit first be aware that this is a nonrefundable tax credit. This means it can only reduce your tax liability to zero. It does not result in a refund of taxes. If your tax liability is already $0, or if the credit exceeds what you owe, you will not receive the full $2,000 credit.   You can look at your Form 1040, line 18 to see if you have any tax liability to make sure this isn't why you are getting the credit.   Next, make sure your entries in TurboTax are correct. You can review your entries in TurboTax using the steps below:   Click on Search in the top right of your TurboTax screen Type residential energy credit in the search box Click on the link Jump to residential energy credit This will take you to the input screen in TurboTax to enter your information regarding your new water heater Your screen will say Energy Efficient home improvements Answer Yes to I made these energy-efficient improvements or have a carryforward and click on Continue Answer Yes to my home is in the U.S. and Continue through your TurboTax screens  On the screen that says Did you have any of these residential-related clean energy costs in 2025? Answer No and Continue On the screen that says Did you have any of these qualified energy-efficient improvements in 2025? Select No and Continue On the screen that says Did you have any of these residential energy property costs in 2025? Click on Yes and Continue On the screen that says Tell us more about the residential energy property, make sure to answer that the home is located in the United States, Did you pay for a home energy audit Yes or No, Was the qualifying energy property originally placed in service by you? Yes On the screen that says Enter your qualified energy property costs, you will enter your QMID and the cost of your AC  Heat Pump On the screen Did you install improvements or replacements for enabling property? Say Yes if you installed panelboards, branch circuits etc required to support the improvements, and if not, say No and Continue The next screen says Improvements or replacements installed for enabling property, select the one that applies and enter your QMID and the cost you paid for all materials, and Continue Continue through your TurboTax screens to complete your entries regarding your energy credit.   Note: You need a Qualified Manufacturer Identification (QMID) code to claim the federal tax credit for your AC Heat Pump system.   If you do not have a QMID (Qualified Manufacturer ID) for your product, you can contact the manufacturer directly to request their 4-digit code. The QMID is assigned to the manufacturer, not the installer.   You can also try checking with your installer for it or it may be on your  "Manufacturer Certification Statement," which should list the necessary information for Form 5695, including your QMID. You can try googling it.   Click here for Where do I enter qualified energy-saving improvements? Click here Energy-Efficient Energy Efficient Home Improvement Credit   Please return to Community if you have any additional information or questions and we would be happy to help.   {Edited 03/22/2026|06:19 PST} @NCperson 

@brommabo he does not report the form 1095-A.  only you do.  He checks the box that be CAN  BE claimed by someone else.     if he reports the 1095-A, the software will require him to pay back the entire PTC; you don't want that outcome. 

@MarilynG1 Actually I think I figured out how to unlink the 1095-A from my business, but then my taxes go up.  Are you saying that I can go in (Schedule C?) somehow and deduct some part of the payments?  I am not sure where to go to do that.  Please let me know.   Thank you!   @bkrett01  @jasling