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Because Box 1 (Unemployment/Taxable Grant) is empty, the program assumes the form is incomplete, even though you have valid withholdings in Box 4 (Federal) and Box 11 (State).   You can try this workaround: Open or continue your return. Enter $1 in Box 1. Enter your withholdings in Box 4 and Box 11 exactly as they appear on your form. Click on Federal tab, and then Wages & Income. Scroll down to Less Common Income, and Select Miscellaneous Income. Select Other reportable income (to enter an Offset). Add a description like "1099-G Penny Adjustment", and enter -1 (negative one) as the amount (taxable income is again $0 while allowing the program to process the withholdings and include them in your total refund.). Note: Make sure that you have selected the correct State ID number and State abbreviation in the 1099-G entry screen. If Box 11 has an amount but the "State" dropdown is blank, the program will trigger an error no matter what is in Box 1.

The 1040-ES isn't submitted to the IRS.   It is not mandatory that you make all or any of the payments.   However, if you don't pay enough through the year it may result in penalties and interest. The underpayment may be avoided if: You paid 90% of the tax that you owe for the current year. If the current taxes paid are equal to 100%, (110% for higher incomes) of your taxes owed the previous year. The IRS also says you can probably avoid the penalty if the amount you owe is less than $1,000. To avoid this situation, it's recommended that you adjust your W-4 with your employer, or pay estimated taxes.    For more information, see Guide to IRS Tax Penalties: How to Avoid or Reduce Them.  

The way this works with HSAs is that when you take a normal distribution (code '1') from your HSA, TurboTax asks you if the distribution was used all, partly, or not at all for qualified medical expenses. If the distribution was used all for qualified medical expenses, then the distribution is tax-free. If the distribution was partly used for qualified medical expenses, then that part used for medical expenses is tax-free, and the rest is added to Other Income as well as taxed at an additional 20%. The same happens when none of the distribution is used for qualified medical expenses - it is all added to Other Income as well as taxed at an additional 20%.   So please go back to where you entered the 1099-SA and check how you answered the question about how the distribution was used. If you answered, "not used for qualified medical expenses", then the program is correct to add the distribution to Other Income.

It depends. The $239 tax credit may be correct, depending on whether you have other US income you received during the year. This is the part that feels “wrong” but is actually how the law works.   The foreign tax credit is limited to the portion of your U.S. tax that relates to your foreign‑source income. In plain terms: Max Foreign Tax credit= US tax on all income X foreign source income / all income. So even if you:   Paid $13,000 UK tax this year, and Have $54,000 carryover from prior years, You cannot claim more credit than the limitation formula allows for this year. The rest stays as carryover (forward or back, depending on the year rules). So if TurboTax shows something like $239 as the allowed foreign tax credit, that usually means: Your U.S. tax on the UK pension portion (after the formula) is only about $239, So that’s the maximum credit you can use this year, The remaining $13,000 + $54,000 − $239 stays as carryover. That’s why you “can’t find” the full $13,000 and $54,000 as a current‑year credit—they’re mostly stuck as carryover, not allowed this year.   @ZengFreeman               

@alextargetn wrote: 1) How do you calculate depreciation for a rental property? Could you share a useful source?  Are you using tax software to report the income and expenses on your rental? If not you'll have to make the calculation manually using the table below.   For your depreciable basis, you will use the lesser of your adjusted basis (purchase price plus improvements, less casualty losses claimed) and the fair market value on the date of the conversion to rental use.  

1.The amount of room and board that is reasonable (according to the college) is deductible from the 529 withdrawal, just not the excess.  2. Yes. dorm and apartment expenses within the college guidelines will go against the 529 withdrawal. 3. Yes! The 529 is not taxable when used on eligible expenses along with qualified room and board.

Good morning,   I'm having the same issue with my Virginia age deduction not displaying. has this issue been resolved? If not, how can i override the software to enter the deduction?   Thanks,   Ken Mayfield

Thanks for reply but my issue is that estimated payments entered are not being picked up in the tax calc and consequently the  standard deduction was used. Itemized deductions including the state estimated payments exceed the standard deduction. Not sure why system is not including the state payments i entered.

Thank you VolvoGirl! This would be great information for TT to put in follow-up questions.  RMD is new for me this year. Appreciate your reply and only wish I didn't spend so much time before putting this to rest. Thanks again - stay well......