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@Allen14 When you entered the 1099-R for the pension withdrawal, did you enter an amount for RMD for the pension?  Pensions and annuities (in other words, retirement plans that make regular payments)... See more...
@Allen14 When you entered the 1099-R for the pension withdrawal, did you enter an amount for RMD for the pension?  Pensions and annuities (in other words, retirement plans that make regular payments) are considered to satisfy the RMD requirement for those accounts.   Go back in and edit your 1099-R for the pension.  As you go through the screens, you will see one Let's get more information about your Required Minimum Distribution (RMD) - go ahead and enter the amount in box 1 as the RMD amount.  On the next screen, How much of distribution applied to your December 31, 2025 RMD?, you will select The entire distribution applied to the December 31, 2025 RMD.  That will get rid of the 25% penalty on Form 5329.
@janedibrell To report Schedule K-1 income (partnerships, S-corps, estates, trusts) in TurboTax, you must use TurboTax Premier, TurboTax Self Employed, or TurboTax Home & Business. The Free and Delux... See more...
@janedibrell To report Schedule K-1 income (partnerships, S-corps, estates, trusts) in TurboTax, you must use TurboTax Premier, TurboTax Self Employed, or TurboTax Home & Business. The Free and Deluxe Online versions do not support K-1s, although all desktop versions (including Deluxe) can handle the K-1. Go to Personal Income> scroll down and you will see Business Investment and Estate Trust Income and Schedule K-1 entry area.    
If you are using the Online version you need to use Premium to enter a K-1.   To enter a K-1 go to Federal Taxes Tab or Personal (Home & Business version) Wages and Income Scroll down to S-corp... See more...
If you are using the Online version you need to use Premium to enter a K-1.   To enter a K-1 go to Federal Taxes Tab or Personal (Home & Business version) Wages and Income Scroll down to S-corps, Partnerships, and Trusts or to Business items Schedules K-1, Q - Click the Start or Update button   Be sure to pick the right kind of K-1. There are 3 kinds, 1041, 1065 & 1120S Enter each k-1 separately.
@avley    Apparently you answered something wrong.   Edit the 1099-R and go thru the follow-up questions again.   When it asks how much your RMD was...enter the box 1 $$ amount. Then on a  sub... See more...
@avley    Apparently you answered something wrong.   Edit the 1099-R and go thru the follow-up questions again.   When it asks how much your RMD was...enter the box 1 $$ amount. Then on a  subsequent page....you just make the selection to indicate it was ALL your RMD.
I need to call turbo tax not the irs
After you enter your W-2 you will come to a screen that says "Let's check for uncommon situations." On that screen, check the box for Overtime. TurboTax will then prompt you to enter the information ... See more...
After you enter your W-2 you will come to a screen that says "Let's check for uncommon situations." On that screen, check the box for Overtime. TurboTax will then prompt you to enter the information needed to claim the deduction for overtime. You do not necessarily get a $12,500 deduction. That's the maximum deduction. The maximum deduction is gradually reduced if your Modified Adjusted Gross Income (MAGI) is over $150,000 ($300,000 for married filing jointly). The deduction is eliminated if your MAGI is $275,000 or more ($550,000 for married filing jointly). The deduction for overtime is only allowed for half of your regular pay rate (the "half" of time-and-a-half). For example, if your regular pay is $20 per hour and your overtime pay is $30 per hour (time and a half), only $10 per hour is deductible. The $20 per hour base rate portion of the overtime pay is still taxable. If you are paid more than time and a half, such as double time, you can still only deduct half of your regular rate. If you are married you must file as married filing jointly to claim the deduction for overtime. You have to get a statement from your employer showing how much overtime pay you received that qualifies for the deduction for overtime ("qualified overtime compensation"). The information might be on your W-2 or on your last pay stub for 2025. If not, you have to get a separate statement from your employer. The deduction for overtime will be calculated in Part III of Schedule 1-A. There are 3 other deductions that might also be on Schedule 1-A besides the deduction for overtime. The total of all the deductions on Schedule 1-A will be on Form 1040 line 13b.  
IND-032-04 Turbotax instructions link    IND-032-04: The spouse's AGI or Self-select PIN from last year doesn't match IRS records.   Link above gives everything you will need.
2025 Migration to Online Offer TurboTax Desktop to Online Migration Offer Terms (Tax Year 2025)   The offer is only for 1 federal and state returns.  You have to pay for the rest.  Don’t think you... See more...
2025 Migration to Online Offer TurboTax Desktop to Online Migration Offer Terms (Tax Year 2025)   The offer is only for 1 federal and state returns.  You have to pay for the rest.  Don’t think you can use the $10 Costco rebate.   Call in and ask.   How to contact Turbo Tax https://ttlc.intuit.com/community/using-turbotax/help/how-do-i-contact-turbotax/00/26991
I am editing 1099-B for options trades with short term capital gains for options trades which expired. The software won't allow me to or show me Box 1D to enter the proceeds as a capital gain. Any sug... See more...
I am editing 1099-B for options trades with short term capital gains for options trades which expired. The software won't allow me to or show me Box 1D to enter the proceeds as a capital gain. Any suggestions?
So I don't know if you saw my other post, but the problem is that Turbotax will not let me amend the form. It immediately takes me to the page where they "check for errors" (even though it's filed an... See more...
So I don't know if you saw my other post, but the problem is that Turbotax will not let me amend the form. It immediately takes me to the page where they "check for errors" (even though it's filed and I've received the refund) and it says it's all good and it won't let me edit/re-enter that form. What do I do? 2025 taxes are due soon, and they're not letting me move forward on that until I fix the 2024 return. This return says we over-contributed to our IRA last year, and that's because I made a mistake on the year before's return. Help?
This is a public forum.  We are other users.   We can’t see your return or screen.   What page are you stuck on?
@hless    you can add another state when you got to the state section.  Online allows up to 5 states to be prepared along with one Federal tax file.   But the coupon ???  I have no idea....might ... See more...
@hless    you can add another state when you got to the state section.  Online allows up to 5 states to be prepared along with one Federal tax file.   But the coupon ???  I have no idea....might be a coupon code entry box during the filing steps where you pay first.
@ghettogimp   Are you using the Desktop Deluxe installed program or the Online Deluxe?   For Online you need to upgrade to Premium to enter investments.