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While the total is correct, the areas placed are not. The software recategorized $1568 from dividends to interest during the transfer. How the information was originally received may have affected how the program looked at the numbers.   If you want to let the developers know, you can. Once you file your return, as long as the settings to receive communication from Intuit don’t block it, you will see a pop-up message or receive an email with a survey asking you about your experience. We encourage you to leave your notes and comments there. “Voice of the Customer” notes and comments are read and acted upon.  If you are using TurboTax Desktop, you can also leave feedback at the Final Steps tab.

Yes, you can add as many 1099s as you need.   There should be a box on the self-employment summary screen that says, Add income for this work.    Does a 1099-NEC or 1099-MISC mean I'm self-employed?       How do I report income from self-employment?          

@r1milam wrote: When I try to create another account with the same email address, it is not allowed. It says the email address is already associated with another account. If you are referring to the User ID, that's correct.  Each User ID to establish an account must be unique.   Once the account is created, however, in the account settings you "should" be able to use the same notification email address in more than 1 account, such as if a parent wants to get the email notifications for a return they prepared in a dependent's account, etc.

ok good news glad it worked out.  be sure to check the basis carried over from 2024 if this was a non-deductible contribution and you have the right tax outcome on your form 8606 and 1040 Line 4b.   Note also if you didn't file Form 8606 in 2024 for a non-deductible contribution you would have to go back and do that also - see notes at the bottom of the Turbotax help page for backdoor Roth in previous comments.

The IRS rules for the Child and Dependent Care Credit are very specific. To qualify, an expense must be "work-related," meaning you paid for it so that you could work or look for work.   While the cost of the actual care (like a daycare center or after-school program) is a qualifying expense, the IRS explicitly states that the cost of food, clothing, and education is not. Since school lunches are considered a personal living expense rather than a care-related expense, they do not count toward the credit.   Even if the lunch is provided by a daycare center, you can only include the cost if it is inseparable from the care itself. If the school or care provider lists the lunch as a separate fee, it must be subtracted from your total qualifying expenses.

Why is the TT 2024 Amend showing Fed Due As soon as you start the Amend process. I have not edited the 2024 tax return so it should be $0, even help says on the screen. I called TT help for 100% calc guarantee and did not get much help. They really needs to show all calculations so we can debug the issue overselves.      

HI, looking back at my 2024 Return on form 4852 line 4, I put year ending 2024. Do I now need to amend 2024 return to change that line to 2025? Or will IRS figure it out when they recieve 2025 1099-R this year? @ThomasM125 

Upon further investigation, it appears that despite the SECURE 2.0 Act saying that catch-up contributions for HCEs for years after 2023 must be Roth, the IRS implemented a 2-year "transition period" by not enforcing this for 2024 and 2025.  So the plan administrator is correct that you don't have to worry about your 2025 catch-up contribution that was made to the traditional 401(k) account.

If you have an underpayment penalty on your return, you can go to the Underpayment Penalty interview and answer the questions. Select Other Tax Situations from the left side menu, and look for Underpayment Penalty under Additional Tax Payments.    You can choose the annualized method of calculating the penalty if your income fluctuates, which may reduce the penalty. If you believe you may qualify for a waiver of the penalty, you can also request a waiver in that section.   You can preview forms in TurboTax Online. See here for details. You may need to pay for your Online product, if you haven't already, to access all of the forms and worksheets.  

In TurboTax Online, you may print or view your full tax returns prior to filing after you have paid for the software.   View the entries down the left side of the screen at Tax Tools. Select Print Center. Select Print, save or preview this year's return. Select Include government and TurboTax worksheets. Form 4562 Depreciation and Amortization Report is the only landscape document in the packet.

Your standard deduction should match the IRS rules, but the amount increases if you are 65 or older. You'll get an additional deduction of $2,000 (single) or $1,600 (per spouse).   There is also an additional deduction, not included with the standard deduction. The maximum amount for this deduction is $6,000 per senior. This additional deduction for seniors is calculated automatically based on the birthday you have entered in your tax return.    Note, this deduction has income limitations.  It begins phasing out at income of $75,000 for a single filer (or $150,000 married) and is completely phased out at income of $175,000 for a single filer (or $250,000 married).    This deduction is located on Schedule 1-A Additional Deductions, Part V. The total additional deductions will be summed and appear on your 1040, line 13b.   You can check this in TurboTax Online by navigating to Tax Tools on the left of your screen, choose Tools, then View Tax Summary. On the left of the screen, select Preview my 1040, and scroll to Schedule 1-A Part V.

I am using online turbo tax.  It only allows me to uncheck the box in the description of the error.  There is no way to uncheck the box in the actual worksheet, you can only select a different box.  You also can only edit the one line regarding 50% SDA.  I have tried every single possible iteration of checking/unchecking the box above the worksheet and the boxes in the worksheet.  Nothing works.  Here is a screenshot:    

Thank you so much.   Before I spend $80 on yet another TurboTax product after already paying them once for filing, I just need to add 2 1099s that I received after 2024 was accepted and finalized, can this be done by just doing it by hand, i.e., printing the forms and mailing them, or is it better to do online.  

My tax return is pretty simple, just the W2s, some dividents and this short-term capital gain. We use Standard deduction and we do not qualify for any credits. The AGI increased with 4900, but the tax bracket has not changed. And even if the Social Security taxable might have slightly changed, the tax cannot exceed 100% of the gain itself.  I will do what you suggested, compare both returns line by line before and after I entered the income to see all the changes. Thank you,