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The transaction rounds up to $1 and should be reported.     In box 1b Name of the digital asset, report 'sale of 0.0001 unit of Bitcoin'.  Box 1c Number of units will not report a very small number.   In TurboTax Online Premium by following these steps.      Down the left side of the screen, click Federal. Down the left side of the screen, click Wages & Income. Click the down arrow to the right of Investments and Savings. Click to the right of Stocks, Cryptocurrency, Mutual Funds, Bonds, Other (1099-B).  Click Add investments. On the Let's find your account screen, select Enter a different way. On the How do you want to add your docs? screen, select Type it in myself, then Continue. At the screen OK, let's start with one investment type, select Digital Assets.  Click Continue. At the screen Let's get started typing in your digital asset info, enter the information. Click Continue. At the screen Did you get a 1099-DA?, select Yes.  Click Continue. Answer the questions at the screen Tell us about the sales on your 1099-DA. Do you have more than three sales, enter No. Did you buy every investment listed, enter Yes.  Continue. On the screen Now, choose how to enter your sales, select One by one.  Select Continue. At the screen Next, we'll start entering sales from your 1099-DA, select Continue. Enter the sales information.  Click Continue. At the screen Let us know if any of these situations apply to this sale, click Continue. When finished, select Continue.

I can do that. Post it in the community or somewhere else?   It may not be necessary. I saw that someone else posted a question about the Maryland deduction not being filled in. The answer was that the incomes less than $12000 are not taxed and those lines don’t need to be entered. That would explain what I saw.  

In TurboTax for Mac, when importing investment information for a married joint return, you can assign the first download to yourself, your spouse, or jointly.    For subsequent downloads, the software doesn't provide an option to change the owner directly before or after importing. This behavior is by design rather than a bug.   If you need to assign investment income to a different spouse, you can manually adjust the entries after import. This usually involves reviewing the investment entries under the income section and editing details to reflect the correct owner.   In TurboTax for Mac, after importing your investment sales, you can manually adjust details to assign ownership. To manually adjust ownership of investments: 1. Go to the Federal Taxes section. 2. Select Wages & Income. 3. Scroll to Investments and Savings and select your investment type (e.g., Stocks, Bonds, Mutual Funds). 4. Find and select the specific investment entry you want to edit. 5. Look for an option to edit details or owner information and change it to yourself, your spouse, or joint. If TurboTax doesn't provide a direct ownership field, you may need to adjust the details in the description or cost basis fields to reflect ownership correctly.

I resolved the issue myself. Turns out my daughter can claim her daughter as a dependent. I thought because she was 18 in 2025 she couldn't claim her as a dependent. But because she turned 18 in July it means for half of the year she was 17 so still qualified as a dependent. As soon as I added her back in as a dependent, I got the same results as the CRA with her qualifying for the Canada workers benefit. Turbo tax should be more clear about this in their help files. So should the CRA on their site. Their explanations are almost ambiguous. Why couldn't they state that if your daughter is born in 2007, in 2025 she qualifies as a dependent. Straight forward and no ambiguity.

You don't add depreciation to the Schedule E.  You enter the rental property as an asset and the program calculates the depreciation and includes it on Schedule E.  The information rolls over each year and the calculation is automatically done.  It also tracks accumulated depreciation (both federal and state).  If you hve been using TurboTax the past four years, you should have set this up in year one.     To set up the asset now:   Navigate to the rental property section  On the rental property info page click on "Add expense or asset"   Check the box for "New rental property" as well as "improvements, furnishings, and other assets" if you have other assets you need to enter, such as appliances.  The program will guide you through setting up the rental property.   

This advice is incorrect as you no longer get  the check-box option to save all forms and worksheets on MAC desktop TurboTax as I did non prior years. The worse part if when one goes to forms you can't multi-select the form and the accompanying worksheets or WKS files either. So it is painful to print 1 form at a time and 1 WKS at a time.   So now one is locked into TurboTax and can't get to their complete records if ever needed.   This needs to be submitted as a bug as one definitely wants to keep all the forms and workings if ever needed to defend the submission with IRS.

Thank you for your response. Just to clarify, do I also add together the UBIA of qualified property lines or just report the UBIA of the S-Corp that issued me the K-1? Also, I report the sums under the name of the S-Corp that issued me the K-1, correct?   Thanks again

You can enter your estimated taxes paid in 2025 as follows: Click on "Search" at the top right of your TurboTax screen Type "estimated tax payments" in the search box Click on the link "Jump to estimated tax payments" This will take you to a screen that says "Estimates and Other Income Taxes Paid" Select Start or Revisit next to the type of estimated tax payment (Federal or State estimated taxes) you'd like to enter under Estimated Tax Payments. Enter the amount of estimated tax you paid at each of the quarterly due date Answer all follow-up questions on your TurboTax screens   Click here for Where do I enter my estimated tax payments?   Click here for Estimated Taxes: How to Determine What to Pay and When.   If you have additional information or questions regarding this, please return to Community and we would be glad to help.  

Sorry yes line 8z.     I have deleted the 1099 on multiple occasions and re-entered.  It remains incorrect programming.     I wish someone at TurboTax would review the code.    Let me put the number blowup in context for my return (which has many items).  These are not my actual numbers but they are proportionately accurate.   Form 1040, line 9  $43,890 before the Form 1099-MISC Form 1116, line 3e  $49,597 before the Form 1099-MISC is added.  BTW, I have a reconciliation (I am a retired CPA who ran 2 different Fortune 500 tax departments) that this figure is correct (of course it is incomplete because I have not added the 1099-MISC yet). Schedule 1, line 8z  $156 dollars (from the 1099-MISC) Form 1040, line 9 $44,046 after the 1099-MISC is added Form 1116, line 3e $10,659 after the 1099-MISC is added   Maybe now you can see why this is spectacularly incorrect as the only item that changes (though I have multiple entries that make up my gross income) is $156 but it decreases total gross income for purposes of the foreign tax credit almost 80%   It is a source code problem when the 1099-MISC gets added with my other items of gross income.   The dolts at TurboTax have been completely useless.

There is a problem with the calculations the program does.  I was able beat it into submission by going to the forms and deleting the personal % numbers for the rental expenses.    I also had to change some cca numbers that the program seems to have entered all by itself.   I hope the rest of the program is more reliable than the rental calculations....

@user17742261769  - easier approach.... just use this website.  Also, 96% of married couples file Joint as Congress only passes tax laws that protect the sactity of marriage.  It does not pass laws that delay marriage or incent divorce.   Highly unlikely filing Separate will be to your advantage.    Other than being new at this (newly weds) and not understanding, why would you want to file Separate?    https://www.dinkytown.net/java/1040-tax-calculator.html