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First, I accidentally clicked on "add K-1" and now I can't delete the CA K-1 form. I followed directions--> going to Delete Forms. I see a form 568, and while I don't have a k-1, I do have my own LLC., so I can't just delete 568 entirely.

I reviewed all the forms in Investments and Savings, and confirmed they are correct. It still shows Needs Review for the Investments and Savings group. Some of the data were imported directly from the broker's website, while I uploaded the 1099-DIV and INT PDFs for the rest. There are more than 15 forms in this section. It will be too much repeat work to delete all of them and add the forms all over again. Will TurboTax let me complete everything and file? 

The sign out and save option is not on my turbo tax drop down box. Will Turbo tax automatically save my information? I'm scared to close browser if it's not saved in Turbo tax. I guess I could leave my browser open all night.

The sign out and save option is not on my turbo tax drop down box. Will Turbo tax automatically save my information? I'm scared to close browser if it's not saved in Turbo tax. I guess I could leave my browser open all night.

The sign out and save option is not on my turbo tax drop down box. Will Turbo tax automatically save my information? I'm scared to close browser if it's not saved in Turbo tax. I guess I could leave my browser open all night.

In early 2024 tax year, I contributed $3800 to a traditional IRA and $4200 to a Roth IRA. The total was $8000 which is allowable for me because I am 60 years old. I paid estimated tax on April 15, but filed an tax extension. But when I did my taxes that year (for the extension deadline of October 15, 2024), my income was high enough (due to capital gains from stocks) that I just passed the threshold for too high of a contribution. So, I overpaid the total by $330.  I caught this while going back through my 2024 return.    I know that the contribution limit on the Roth is affected by my income, but not the traditional IRA.   The traditional IRA I have is underwritten by a money market fund at my bank and makes very little interest at this time. The ROTH IRA is undwritten by equities (mostly stocks and some ETFs) and has increased considerably over the past two years.   From which IRA do I have to withdraw the oveage of $330, or do I have to proportionate the withdrawals?   For 2025 tax year, I only contributed $7000,  all towards the Roth. So, since I can contribute up to $8000, I could I move the $330 excess and use it for 2025 tax year IRA contribution?    

I contributed to both an IRA and a SEP-IRA. Under 'Self employed retirement plans' I see a 'Traditional SEP' option, but which is it meant to be? I haven't seen any type of IRA plan with that name. And whichever it is, where do I put the other one? Or do I add them and enter the total here? If it matters, it's Turbotax online "premium".   I know these account types have similar tax consequences, but they definitely have different contribution limits, and in past years they were entered separately. There's a help page for 'SEP-IRA contribution' which used to point to a page specifically for those, but now it just leads back to this ambiguous place, and I don't know what to do.   Thanks!  

Hi, I received a Premium Tax Credit (PTC) through Covered California for only 3 months of the year because I had an offer of employer-sponsored health insurance for the other months that I didn’t use. I reported this to Covered CA. When I enter my 1095-A in TurboTax, it shows a very large refund — it looks like it’s ignoring the months I wasn’t eligible due to the employer coverage offer. Question: How do I tell TurboTax to adjust the PTC so it only applies to the 3 months I was actually eligible? I don’t see an option to enter the employer coverage details nor do I see a place to show I wasn't eligible for those months.  Please provide exact details if possible. Thanks in advance!

I sold my rental property. I told TT that I disposed of it. I make it through all the expenses. TT creates a line item called "Sold rental property" for me. I click edit and it walks me through adding the assets from the renovation before the sale. I never get to the actual SALE price. I am returned to the Property Info screen. I am not able to proceed. There are other posts on this that appear unresolved. How do I proceed?