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"There are many people answering questions in community. The expert tag lets you know that we are actual employees with credentials in the tax world. NYS is not taxable in NY but the IRS has not issued official guidance yet. Since it is a small amount of money, taxed at a low rate, I think many of us have decided better to err on the side of caution. Without official guidance, there is a chance of amending either way. As it is your tax return, it is your choice. Most people would rather over pay a few dollars rather than underpay with those consequences."   That is a confusing message that seems to contradict the TT advertising; Is my refund maximized, or am I paying a little extra to cover shortcomings in the TT software? If the TT software is not correctly handling this situation with the 2025 NY State "Inflation Refund", but the TT error check indicates everything is ok, does Intuit still support me if NY rejects my tax filing? Note: I am not using not the free online version: I paid $100 for the Premier software to have on my desktop computer, and I am paying to file this return with NY ... if I have to refile because of a TT software issue after following employee expert advice on how to work-around the software limitations, who pays for the refiling, etc.?

Here is how to do this in TurboTax Online: Navigate back to the Self-employment income and expenses section and select your business. Choose the pencil icon to the right of Vehicle, and go through the interview, past the mileage entry. The system computes the standard mileage deduction, and a screen will appear asking if you want the mileage deduction or want to enter actual expenses. Select actual expenses. Now, you can enter things like gas and tolls.  After the other expenses, you are asked for the cost of the vehicle. That is where to enter purchase price.

Each taxpayer over age 65 is eligible for their own 6,000 dollar additional senior deduction, whether filing jointly or separately. It is not a 12,000-or-nothing option. Married filing separately is usually the worse filing option for married taxpayers, and it would also do nothing in this case to increase their access to the enhanced $6,000 senior deduction.  You should not elect MFS in this case, for this reason.

Using the TurboTax online editions, only one tax return can be completed/filed per account and User ID. To start another tax return using the online editions you will need to create a new account with a new User ID and a new email address. Go to this website and click on Sign up to start another account - https://turbotax.intuit.com/personal-taxes/online/file-your-own-taxes/

@user17751857036 , yes, this is a small problem --- required to report world income and at the same time exclude from US taxes.   Two options : (a) just not report , since it is excludable --- but that would mean that unless you have some other "world income" to report,  you  may not have to file at all.  No reportable income. OR (b) Report the income as wages --- Box 1 of W-2, nothing for all the other boxes .  Then under other income, enter a negative exact amount  with a note/legend  " excluded --article 20 of US-Denmark ".  Thus your Adjusted Gross income is zero.  You may have to add an interest income of US$1 so that the AGI  is non-zero -- so you can e-file the return.  All of this is kind of clutzy.   Part of the issue is that  TurboTax does not have a clean way to enter and exclude  under the "other" category and/or put legends. My general sense is that in the interest of "reducing paperwork" and/or processing effort, IRS mostly prefers to not to deal with "non-reportable" income.  However, for your records it is better to have proof that you indeed did  recognize  and then excluded income from US taxes per  US-Country X tax treaty.   See this page from the IRS --> Foreign students, scholars, teachers, researchers and exchange visitors | Internal Revenue Service Note that in this articulation , IRS is using "Non-Resident Alien" as is used by the immigration i.e. scholars/students etc. whom are in the USA temporarily and for a specific purpose ( studies, research etc.)   

I've read the many replies but non mention how to enter STATE estimated taxes paid in the Federal part of the application. When I finally find where to enter the Federal estimated taxes, which took some digging, the only option I see is where to enter the Fed info. I don't see where I can enter the State estimated tax info. TurboTax, you really messed this up. I did not have this issue last year.  

You would only enter the reissued Form 1099-R if they both came from the same financial institution and the reissued one is marked as corrected.     Also, be sure to check the box on the follow-up screen titled Do any of these situation apply to you? that indicates that the Form 1099-R was marked as corrected.

UPDATE: I've spend about 8 hours on the phone with TurboTax Support. I was very impressed with the effort of the first-line Turbo Tax experts. All 9 of them. They were very tenacious in their desire to fix this problem. Unfortunately, they had little help from their supervisors and were constantly thwarted by Turbo Taxes systems. Each time I worked with the first line support people, they took very detailed notes as to what we did. In two instances, I spent over two hours on the phone trying various solutions, only to find later that these notes somehow disappeared from Turbo Taxes systems. I was given two different "Support ID Numbers" which, supposedly, tracked our efforts. Despite these tracking numbers, subsequent experts were unable to see what had been done, resulting in considerable efforts re-plowing old ground. Although the problem was "escalated" on three different occasions, I often was unable to talk directly with the corresponding escalated expert. At one point, I was told that my account was "on hold" and that I must talk to the Billing Dept. In spite of several attempts, I was transferred to other people (including the Intuit Loan Dept), I never was granted access to the "Billing Dept." I was told on two occasions that an "investigation" have been started and that I would hear back as to progress but, as of this date, I have hear nothing. As tax deadlines are approaching, I was forced to file by mail. I've used TurboTax since the '90s and, on occasion, worked with TurboTax support.to resolve problems. Until now.

I use my download to do mind and my daughter's taxes. I send the download information and the license code to my father, two brothers, and sister so they can get the other . They don't live near me. They can then download it to their (compatible!) computers and do their taxes as they see fit. If they want to e-file they can pay for that themselves with the money they save by not buying their own copy of TTax. Although, now that you mention it, I guess they could email me their TTax file I and I can file it from my computer. Good to know!

You cannot add the depreciation for 2024 on your 2025 return.  The best correction is to amend your 2024 return to claim it.   In general, you would only use the 3115 if you missed two or more years of depreciation (The IRS considers not taking depreciation for two or more consecutive years as an "established accounting method". Once you hit that two-year mark, you must use Form 3115 to change your method and claim a "catch-up" adjustment (Section 481(a) adjustment).)

It's important to know what name and address is listed for the payer on your son's 1099-NEC. If it is the same company, using the same employer identification number (EIN) then I would advise the filing of Form 4852, as indicated previously.  If the name and EIN are not the same as on previous W-2s your son received, then it's possible they may have a legal standing to issue the 1099-NEC (possibly because they are out of business).    Use that information to decide how to report, and if you see the name and EIN are the same as in earlier years, I advise to file and the wait for the IRS to respond. It's important to note that there could be interest and penalties for underpayment if they disagree with the use of Form 4852. Review Form SS-8 as well, however I believe you will agree your son was an employee. How do I file a substitute W-2, Form 4852? This will report your wages and you will also see the information for the SS-8 along the way. You will pay only the employee share of social security and medicare taxes.    If you do decide to use the Form 1099-NEC as though your son was self employed, use the link below. What is a 1099-NEC? @user17751694096 

Appears there is an error in 2025 related to the Lifetime Learning Credit.   In 2024 I have the credit but in 2025 based on the same information provided it doesn't calculate.  A new worksheet exists that transfers what is entered to the primary worksheet.  The information on the new worksheet questions are checked yes and then this on the primary worksheet are incorrectly checked no.  This appears to be an  issue that needs to be corrected.