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Ok, thanks for the explanation.  When I roll over the $65K pre-tax amount and leave $15K, which I then convert to a Roth, Form 8606 will take care of this — that makes sense. A few other questions came across: If I complete this transaction before December 31 and effectively empty my IRA account, do I need to wait until January 2026 to do a backdoor Roth for 2026, or can I do it right after completing this? For a backdoor Roth, how long do I need to keep the money in the traditional IRA before converting it to Roth? On the tax return for 2026, do I just report the traditional IRA contribution? If I do a backdoor Roth, will the tax documents essentially net to zero (e.g., $8,600 after tax contribution and $8,600 conversion resulting in no tax)? Also, I have a SEP IRA. Is it allowed  to roll the $65K into the SEP IRA instead of 401k? Is that even possible? And does having a SEP IRA create any issues for doing a backdoor Roth?

Thank you I will try the quick fix to get the print out. The print out is not the only concern as the program input is not working correct either. Once you put the husbands income in first it gets changed as soon as you put the wife’s income in second on her separate listing. 

Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund.  Only the taxpayer listed on the tax return can obtain the status of a tax refund or a tax return.   As stated by the IRS, once you have verified your identity it may take the IRS up to 9 weeks to issue a tax refund.

It is triggering the Sch 1. There is a workaround. You can enter it as other income with a description of 1099-MISC AL PFD. Follow these steps: Open to federal income Scroll down to Less Common Income  Start /edit next to the very last topic: Miscellaneous Income, 1099-A, 1099-C. On the next list, scroll to the bottom again and select Other reportable income. When it asks "Did you receive any other taxable income?"  Select Yes. Description: 1099-MISC AL PFD. Amount: Enter the amount from your 1099-MISC  Click Continue  Done.

To enter farm income and expenses on Schedule F - Click on Federal Taxes (Personal using Home & Business) Click on Wages & Income (Personal Income using Home & Business) Click on I'll choose what I work on (if shown) Under Business Items On Farm Income and Farm Rental, click the start button

Hi @Vanessa A  Thanks for the reply. Visiting embassy or consulate in 3-4 days is not feasible to me as deadline is approaching, I think I have to go with married filling separately.  My question is does my spouse in any case need to file return even she does not having any income and SSN?

You have to pay the TurboTax account fees before you can view/print your complete tax return.   To pay the TurboTax online account fees by credit card, without completing the 2025 return at this time, click on Tax Tools on the left side of the online program screen. Then click on Print Center. Then click on Print, save or preview this year's return. On the next page, to pay by credit card, click Pay Now. Complete the credit card section and click on Confirm payment.   However, you can view your Form 1040 plus Schedules 1, 2 and 3 at any time using the online editions. Click on Tax Tools on the left side of the online program screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.