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Yes, Required Minimum Distributions (RMDs) are required for defined benefit (pension) plans.     The IRS considers your periodic annuity payments (your monthly pension checks) to satisfy the RMD requirement automatically, provided they are paid out over your life or a joint life expectancy   Because a pension is a set formula that pays out over your lifetime, the plan is already distributing the "minimum" required by law each year.   If you reached age 72 after December 31, 2022, your RMD age is 73.  However, If you are still employed by the company sponsoring the pension plan (and you do not own more than 5% of the company), you can delay starting your pension (and thus your RMDs) until April 1 of the year after you retire.   When the program asks "Was this a Required Minimum Distribution?" for your pension 1099-R, you should answer "Yes" and state that the entire amount distributed was the RMD   By entering the full amount prevents the software from incorrectly flagging a "missed" RMD penalty.   Note: if you have not yet started your pension: You must contact your plan administrator before April 1 of the year after you turn 73 (or retire) to "commence" benefits, or you may face a 25% IRS excise tax on the amount that should have been paid.

If you got a refund for federal tax, you don't need to worry about the refund, just the interest.  If it was a state refund, and you received a benefit by itemizing in 2023, you'll want to report the state refund as income in 2025.    You can type the interest in manually to report the interest income:    Open TurboTax Online and navigate to Investments and Savings (1099-B, 1099-INT, 1099-DIV, and 1099-DA, crypto)  Choose the button Add Investments Under Let's find your account, choose Enter a different way. Select Type it in Myself Choose Interest and continue Now you can proceed to enter the interest income.

Hi Jerri!  Be sure to use the same username you did last year. Check out these articles on next steps:  How do I view, download, or print a prior-year tax return?  I need help signing in to my Intuit Account  

This often happens if you live in a state with no state tax. If you have no state tax, you should leave Box 15 (state) blank, There's nothing you need to report in boxes 15 through 17, so make sure there are no zeros.  Boxes 15-17 should all be left empty.

To file your 2025 return, your 2024 Adjusted Gross Income (AGI) is found on Line 11 of your 2024 Form 1040.  If you used the online version of TurboTax, sign in at TurboTax.com. Scroll to Your tax returns & documents and select 2024 to view your AGI or download a PDF. 

I don't know what to say but this actually worked. Attributing the K-1 to my spouse fixed the numbers for me, but I think as you said, it is a superficial fix because the loss is probably applied to my spouse's earned income instead, which is way over the dependent care benefit so the issue is masked.   The software has some real bugs with this. Ironically, when I attribute the K-1 to both of us, I received max credit of $3000 x 2 = $600, which makes absolutely no sense.   See the turbotax AI/automated explanation below for each option I select:   Me (correct designation, incorrect result): "With one qualifying person, the maximum expenses you can use is $3,000. You received $5,000 in Dependent Care Benefits from your employer, which reduces your eligible expenses to $0, but the IRS allows you to use the lesser of your earned income or $3,000 for the credit calculation. Since your earned income is $1,899, only that amount counts. Your credit rate is 20%, so your final credit is $380."   Spouse (incorrect designation, correct result): "With one qualifying child, the maximum expenses you can use for the credit is $3,000. Because you received $5,000 in pre-tax Dependent Care Benefits from your employer, your eligible expenses are reduced to $1,182. Your credit rate is 20%, so your credit is $236 ($1,182 × 20%)."   Both of us (incorrect designation, incorrect result): "With one qualifying child, the maximum expenses you can use for the credit is $3,000. You received $5,000 in Dependent Care Benefits from your employer, so your eligible expenses are reduced to $3,000. Your credit rate is 20%, so your credit is $600."   Any advice on how to proceed? Is this something you can report higher up?   Thank you so much.

I'm still working on this.  I really want to make this easier so  - will the following work??? I have a spreadsheet so I have all the information.  Luckily its only a couple of years. - but it is also four mutual funds.  If only I knew to shut off the dividend reinvestment.   My question now is can I just separate into three different categories?  Lots of entries for only two years with four funds.   first - The inherited mutual fund info with the date of death basis. second - For reinvested dividends over a year - combine each mutual fund's reinvested dividend shares and average out the basis for this long term category.   Third - For reinvested dividends less than a year -  combine each mutual fund's reinvested dividend shares and average out the basis for this short term category.  I hope I explained this ok.  Thank you for your help.  If I have to do all the entries for every purchase separately I will do it - I'd just rather not.  In December they have three separate purchases per fund on the same day.   Thank You.

The general rule is (and it applies, in your case): your report all your income on your home state return, even the income earned out of state. You file a non-resident state return for the state you worked in and pay tax to that state. Your home state will give you a credit, or partial credit, for what you paid the non-resident state. You will have to file a non resident MA state return and pay MA tax on the income earned there.. You will also file a RI full year resident return and calculate tax on ALL your income. RI will give you a credit, or partial credit, for the tax you pay MA. So, there will be little or no double taxation, but you have the cost and hassle of filing two state returns. Do the nonresident state return first.   Doing the returns in the correct sequence insures that your RI return will include the credit for the tax you pay to MA.