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There are many charities that publish "Thrift Shop Values" on their website that you can use to value your donated items.  A couple of examples are:  Good Will Donation Value Guide and The Salvation Army Thrift Stores | Donation Valuation Guide

The Toronto Transitional Housing Allowance Program (TTHAP) is generally reported on your tax return as a social assistance payment or provincial supplement, as it often comes with a T5007 slip.   CRA Link: Line 14500—Social assistance payments If you received the housing allowance but did not receive a tax slip, it should still be reported as "Other income" or "Social Assistance" in the income section. After you have filled out the My Info/Profile section, from the left-hand menu bar, you should be able to navigate to Income -> T-slips and scroll down to T5007. Enter the amount from Box 11 of your T5007 slip.   Thank you for choosing TurboTax.

Yes, you can deduct all the expenses you had to get your novel published.  You can claim up to $5,000 in startup costs and $5,000 in organizational costs.  Claim them in 2025 which is when you started receiving income.  If you would like to see more information about Start-ups, see the TurboTax help article below:   Start-up business tax tips To enter the income:   Open or continue your return. Go to the self-employed income Say Yes on the Did you have any self-employment income or expenses?  Continue answering the rest of the questions   What self-employed expenses can I deduct? How do I report income from self-employment?    

It is possible to delete the item from schedule B but an accrued market discount is an actual thing.  It usually modifies interest reported on a 1099-INT.  It should be reported.     You said that you had imported your brokerage forms.  A 1099-COMB usually includes the 1099-B as well as a 1099-INT or 1099-DIV or all three.  That accrued market discount should be an adjustment to the interest you received on your 1099-B and it should appear on your schedule B.  Deleting it is a bad idea.

Yes, you can allocate all or a portion of your refund to the estimated taxes for next year.   If you're in the Online product.   You can enter  a "Apply federal refund to next year"  in TurboTax Select Tax Tools from the left sidebar. On the drop-down select Tools There will be 2 green boxes Select Topics Search Type  Apply federal refund to next year Continue through the interview or post your corrections The state is not as easy. You may have to go through the entire interview to answer the question "Apply Refund to 2026 Estimated Tax?"

Yes.   But the deduction is for the overtime premium, which is the portion over your regular pay.     In TurboTax Online, this is how you enter the qualified overtime premium:   After entering your form W-2, you'll see a screen titled Let's Check for Other Situations Put a checkmark on Overtime and click Continue Follow the TurboTax questionnaire to enter your qualified overtime premium This deduction will transfer to Schedule 1-A of your form 1040, with that amount flowing to line 13b of your form 1040. This line includes the overtime deduction among other deductions if applicable, such as the tip deduction, the additional senior deduction or the car loan interest deduction.

If you are filing as Married Filing Separately you are not eligible for the deduction.  If you are Single and your AGI is over $150,000 or Married Filing Jointly and your AGI is over $250,000 you are not eligible for the deduction.   If you are age 65 or older and meet the requirement, the additional deduction is automatically added on your federal tax return.   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.

Make sure you keep updating your program through the ONLINE link at the top.  Be sure to delete Form 8915-F as well as the 1099-R before updating.    You do have the option of filing now without reporting the disaster info, reporting the 1099-R as a normal distribution. You can Amend your return later.  However, if you planned to spread the tax out over three years, you may want to wait until the Form 8915-F is finalized.   Form 8915-F is projected to be available by Feb. 27, so check back towards the end of the day.   [Edited 02/26/2025 | 9:10 am]   @G8g 

DavidD66 gave the correct answer above when I asked the question, here was his answer: For S-Corporation - Form 1120-S  Exempt-Interest Dividends (Box 12 of Form 1099-DIV) are reported as Tax-exempt interest income) on line 16a of Schedule K.  They would be entered in the Interest and Dividend Income section under Investment Income.  They are entered on the screen with the heading Tax-Exempt Interest.   This can also be entered directly on Schedule K in Forms mode.    Private Activity Bond Interest (Box 13 of Form 1099-DIV)  is reported as an AMT adjustment on line 17d of Schedule K.  This has to be entered in Forms mode.    A Partnership return - Form 1065 would have similar entries with line numbers.  

The IRS does not normally audit a tax return for at least one year after  the tax return has been filed, usually longer.  The odds of being audited by the IRS are extremely small.  The may write you a letter requesting a correction to the tax return that was filed but that is NOT an audit.   The Form 1040-X for amending a 2025 federal tax return is estimated to be available in TurboTax on 03/04/2026   An amended return, Form 1040-X, can only be printed and mailed to the IRS if the original tax return was not e-filed. The IRS will take up to 20 weeks or longer to process an amended tax return. Before starting to amend the tax return, wait for the tax refund to be received or the taxes due to be paid and processed by the IRS. See this TurboTax support FAQ for amending a current year tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-federal-tax-return-curr...

Por lo general, TurboTax calcula de manera automática el Impuesto Mínimo Alternativo, o AMT por sus siglas en inglés, para ajustar tus impuestos cuando tienes ingresos altos o muchas deducciones.    En caso de que tu AMT sea más alto que tu impuesto regular, es posible que tengas que pagar una diferencia.   Para información más detallada, ingresa al enlace que te comparto: ¿Qué es el Impuesto Mínimo Alternativo (AMT)

Check the math on Schedule U Line 24 to confirm the amount shown is the total of Lines 22 and 23 subtracted from Line 20. You might also complete Part IV to annualize the income by quarter. Often this calculation will eliminate underpayment penalties (although we agree that with an overpayment on Line 12, no payment or penalty should be due).   The message in Adobe when viewing TurboTax forms has been submitted to our development team for further research. Fortunately, this doesn't affect the printing or e-filing of the forms.