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As Mike noted above, there is a Part V on form 8959. This part calculates what the withholding for Medicare should have been.    If it turns out that there was over withholding between you and your spouse, then the excess is applied to line 25c on form 1040. That is, the over withholding is just applied to your income tax, so you are not out anything.

Yes. You should amend your 2024 return using Form 1040-X to correctly report the inherited IRA RMD and restore your Traditional IRA basis.   Since your 2024 Form 1040 Line 4b is blank, it means you did not pay taxes on that $2,305 RMD. Additionally, your Form 8606 used up $2,305 of your $8,000 nondeductible basis to cover that distribution.    This means that you paid for your RMD using your own post-tax basis. This is a mistake because basis does not transfer between inherited an IRA and your own IRA.   To avoid double taxation, once because you lost the basis for your future Roth conversion and again when the IRS realizes the RMD should have been taxable income, you should amend your 2024 return so that Line 4b shows the $2,305 as taxable. Also, you should correct your Form 8606 so that Line 2 (total basis) remains the full $8,000.   This error likely occurred because the inherited IRA was not correctly identified. If the Form 1099-R for the inherited RMD was not flagged correctly as inherited, or death distribution using Code 4 in Box 7 and if the "I inherited this IRA" box was not checked, TurboTax likely assumed it was a standard distribution from your own IRA. It then looked at your $8,000 nondeductible contribution and applied the pro-rata rule, shielding the RMD with your basis.   The activity appears both in 2024 and 2025 because in 2024, you made the contribution, establishing your basis of $8,000, but you performed the conversion in the 2025 calendar year. Form 8606 tracks that 2024 basis and carries it forward to ensure you don't pay tax on that $7,485 when you file your 2025 return.   Yes. It does matter if the conversion carryover is overstated. If your 2025 Form 8606 shows a conversion of $7,485 and uses $7,485 of basis, you have $515 of leftover basis. The $515 remains in your Traditional IRA as basis for future years. If you report $0 basis, you lose the ability to withdraw that $515 tax-free in the future. If, on the other hand, you tell them you have $8,000 left, you are claiming a basis amount you have already partially used.

You can report it like you would a stock in company that went bankrupt.  Even though you don't actually have a 1099-B for your investment loss. Type "1099B" in to Search and hit enter:       Click on "Form 1099-B" box in the Help pane on the right of your screen.   Answer  Yes to "Did you have investment income in 2025?"    Click through the program until you get to "Let's import your tax info?", and click on "Enter a different way".   Click to highlight the box with "Stocks, Bonds, Mutual Funds", then click on Continue.    Enter something for "Bank or Brokerage" and click on Continue.    Answer No to the Employee stock question.    Continue through screens until you come to the page with Now, enter one sale on your Foreign 1099‑B   Enter the information for your investment loss.  For date sold or disposed enter the date you realized that LSSC was a fraudulent company.   Should put together a paper trail that shows you made the investment.  For example, bank record showing Zelle transfer to friend, and whatever else you have that show you made the investment and that the company was fraudulent. 

Again, I really appreciate your interest!   I will be 61 in October 2026.  I became eligible for Social Security disability at age 60 so at 62 I'm going be able to get Medicare.    I'm using the desktop program.  Where is the worksheet? How can I access it? That's very interesting.   And the answer your question, I'm having trouble getting it to do it in the step-by-step putting the 14400 IRA in the right spot.  I'm going to  try doing it in the forms view on lines 4a and 4b.  My actual pension income is only about 11,484 so that 25,584 is including the 14400 IRA money.   Thank you!

This is not self employment for your wife. Do not enter the 1099-NEC, instead use the steps below to enter the income and keep the form with your tax file.   Other Miscellaneous Income: Sign into your TurboTax Online account or TurboTax Desktop: Go to  Wages and Income  section Scroll to  Less Common Income > Select  Miscellaneous Income, 1099-A, 1099-C Select Other reportable Income > Enter a description (----) and the amount Note: Form 1099-NEC indicates self employment and is treated as such when you enter that form.

Yeah, this one has frustrated me for years, how to allocate property taxes and mortgage interest between Sch A, C and E.   Your answer:  allocate it manually.   This is disappointing but not surprising.   Yes, I will carefully document and save my calculations.  

If the distribution reported on form 1099-Q is fully justified by qualified education expenses (including room and board), you do not need to to enter form 1099-Q on your tax return. Just keep that form in your tax records along with proof of education expenses.   In your case, you can safely delete that form 1099-Q from your tax return.   Please read this TurboTax article for more information.

Hello,   I just got off the phone with Turbo Tax regarding this issue.  The program incorrectly transfer the answers with regard to the Education credits from the Peoples Worksheet to the Student Info Worksheet.  The only way to correct this is by using the the easy step method to prepare the return.  It's a little ridiculous that they do not fix this issue.  Many of us do not use Easy Step.  I spent two hours on this.

Wow a week and an half, you spoke with the right TT agent. It's been 3 weeks since I got the email that my refund was sent back to the irs  and the irs still haven't received my refund. I'm just going to have to keep calling TT until I can find the right agent because the irs still has not received it smh.  I guess TT has to email Cross River bank to send it to the irs and TT doesn't know it

If you have successfully saved your returns to PDF, you should be able to print them. What type of error message are you seeing? Does your device recognize your printer?   If you expand the size of the print center window you may see the 'Print Preview' button. To expand the size of the Print Center window in TurboTax, you can use the font scaling icons (large A/small A) at the bottom-right corner of the desktop application, or use Ctrl/+ (Windows) / Cmd/+ (Mac) to zoom in. If the text is specifically too small, you can adjust the font size via the View menu, or in Mac font settings.    Another solution for the situation in which you can't see all of the options can be to attach another monitor.   You could also try emailing the pdf to yourself and then see if you can print from a different device.   @TammyAJ 

MA MA will give you a credit for the tax you paid to IL. The credit will be the lower of the state tax liabilities on the same gross income. You may owe your resident state,  if they have a higher tax rate along with differences in how the taxable income is calculated.   IL IL has a 30 day rule so you will need to file an IL return and pay for that income. IL is a flat tax but it is not taxed on the IL income. Instead, IL taxes your entire income and then allocates the tax due based on the IL % of income earned. You will need to pay tax to IL. You can make estimated payments or have work withhold some taxes for IL.   For example: IL tax on your federal income is $8,000 But only 10% of your income was earned in IL IL tax liability will be 10% of $8,000 or $800. Buying a vacation home won't change anything as long as you spend less than 9 months living in IL, then you are a resident. You will not qualify for the homeowner's exemption as that is for residents only.   I suggest you keep a log of the days you are physically in IL.

We can't make phone calls from this forum, but we can answer questions.   The IRS Notice CP5071 is sent by the IRS to verify your identity. A different tax return may include your Social Security number. This doesn't mean you did anything wrong, but rather is intended to protect your identity. Read the form carefully.   Respond within 30 days of the letter's date to avoid processing delays. You have several options to confirm who you are. Verify Online (Fastest): Go to IRS Verify Your Return to confirm your identity, as suggested by IRS (.gov). Verify by Phone: Call the toll-free number provided in your letter,  which is often 800-830-5084. Documents Needed:  Have your CP5071 notice,  The tax return for the year listed (your 2025 return), and  A prior-year return with all supporting documents (W-2s, 1099s) ready.