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Per Section 469(c)(7)(B), in order to qualify as a real estate professional: * more than one-half of the personal services you perform in trades or businesses during the taxable year must be performed in real property trades or businesses in which you materially participate, and   * you must perform more than 750 hours of services during the taxable year in real property trades or businesses in which you materially participate.

The simple thing that you are missing is that "withdrawal of excess contributions" has two different meanings: the IRS one and the one in plain English.   Simply put, you cannot "withdraw your excess HSA contribution" after the due date (as extended) of your original return. So, as you pointed out, your friend did not withdraw the excess HSA contribution in a timely manner for tax year 2024. After that, she had but two choices:   1. Carry the excess over to a subsequent year to be used as a "personal" contribution on line 2 form 8889. This would require that she (1) have HDHP coverage in the subsequent year, and (2) that she reduce any other contributions so that the carryover plus the current year contributions were less than the HSA contribution limit in the subsequent year. -OR- 2. Make a "normal" withdrawal equal to the excess in a subsequent year. This will add the distribution of the excess to Other Income along with a 20% penalty when you enter the 1099-SA with a distribution code of '1'.   Obviously, option 1 is much cheaper.   OK, step by step.   Well, I can't give you step-by-step for how to do what you want, because that's not what the IRS wants.   Instead, leave 2025 alone. Was the excess from 2024 carried over to 2025 and used as a "personal" contribution? Look at line on form 8889 on the 2025 return. Is the carry over amount included here? Then your excess does not need to be withdrawn, because it was used up in a subsequent year.   If, however, you receive a 1099-SA, enter it on your 2026 return in early 2027. How you enter it depends on whether or not the distribution code is '1' (enter as is) or '2' (try to have the distribution reversed as a mistaken distribution).   IF your friend will have HDHP coverage and can use up the carry over in 2026, then call the HSA custodian and ask that the "withdrawal of excess contributions" be considered a "mistaken contribution", and be reversed. Your friend will need to sign or submit a form (probably at the HSA custodian's website) and return the dollars that she received.   Then she would need to do preferably option 2 above - carry the excess over to 2026 and use the excess up as a "personal" contribution.

Having 7 rentals or spending more than 750 hours in real estate alone is not sufficient to qualify as a real estate professional. You need to pass all the following four tests.   In TurboTax, you need to check both boxes saying that you spend more than 750 hours a year actively involved in real estate and that you spent more than 50% of your work-related time involved in real estate You are a real estate professional if all of the following are true:    - You materially participated in a real property trade or business.  - More than half of your time is involved in real estate activities during the year.  - You materially participated for more than 750 hours in this business.  - You materially participated in each rental real estate activity.   As a real estate professional, you can deduct losses from real estate activities against your ordinary income. This can potentially help reduce your overall tax liability. This tax status is specifically intended for real estate professionals, allowing them to maximize tax deductions related to their real estate activities.

Make sure that in MY INFO you indicate that your spouse is legally blind so that the extra amount is added to your standard deduction.   2025 STANDARD DEDUCTION AMOUNTS     SINGLE $15,750  (65 or older/legally blind + $2000) MARRIED FILING SEPARATELY $15,750  (65 or older/legally blind +1600) MARRIED FILING JOINTLY $31,500  (65 or older/legally blind + $1600) HEAD OF HOUSEHOLD $23,625 (65 or older/legally blind + $2000)   The standard deduction makes some of your income “tax free.”  It is not a refund.   You will see your standard or itemized deduction amount on line 12e of your Form 1040.  

I think I checked the IRS website a couple days after they mailed the notice in the mail and it said they sent me a communication butbi had to wait for it to arrive.   You'll have to include the notice number when you upload on the site.  

Yes, you will have to amend your state tax return to fix this error. You should wait until your original state tax  return has been fully processed (and you have received any initial refund) before filing your amended return.   You will have to delete the incorrect entry and re-enter your Form 1099-R data. Make sure box 14, 15, and 16 are filled out correctly without duplicating your  state withholding.   Once your tax return is fully processed, to amend your return using TurboTax Online you will: Log in to your TurboTax account. On your homepage, look for "Your tax returns & documents" and select 2025. The you will select the "Amend (change) return" dropdown and in the dropdown choose "Amend using TurboTax Online". Follow your prompts, and select your reason for amending. Make your corrections, and make your corrections (add your interest income). See this instruction from the New York State Department of Taxation: Change or amend a filed return See also:  How do I amend my state tax return? If you have additional information or questions regarding this, please return to Community and we would be glad to help.

En tu cuenta de TurboTax, localiza la sección “Firma y Seguridad” (Sign in and Security), luego seleccionas la opción “dirección de correo electronico” (e mail address), haz clic en editar (edit) e ingresa tu nuevo correo electrónico. El sistema requerirá entrarlo nuevamente junto con la contraseña, y finalmente le das a guardar.   Puedes ingresar al link que te comparto, para que puedas ver instrucciones más detalladas: Cómo cambio el correo electrónico de mi cuenta de TurboTax?  

The 2025 License Code is 16 digits  (not 15).   Did you buy a code for the Desktop program or for the Online web version?  Some places are selling both this year.    How to use the Online License Code. It is for federal only. State is additional. https://ttlc.intuit.com/turbotax-support/en-us/help-article/register-activate-services/como-empiezo-usar-turbotax-online-que-compre-en/L35Wg9uJ9_US_en_US Or if you have the 16 digit License Code for the Desktop program. How to get started with the Desktop program, install and activate it https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-delivery/download-software-turbotax-com/L7u9oLEkq_US_en_US?uid=luqgvzrd

Residential rental real estate income and expenses are reported on Schedule E, and the recovery period is generally 27.5 years.   If you are a real estate dealer, holding residential real estate to customers in the ordinary course of business, the property is considered inventory and reported on Schedule C. Inventory is not depreciable.   If you hold residential real estate for rental use and provide significant services to your renter(s), then the property is considered nonresidential (commercial) and is depreciated over 39 years.

To take the full AOTC credit, $4,000 of box 1 must be held out. This means instead of the scholarship covering the full tuition in box 1, it covered only $10,270.  The taxable amount of box 5 minus box 1 is $33,063. You want to change that to $37,063 to claim the full credit. If you have other education expenses, that can reduce the taxable amount. As you go through the program, answer questions about the student and college. Time to enter expenses. Enter books and materials, other course related expenses, room and board, etc.    For example: other books and materials $0 room and board $37,063 For example: other books and materials $1,000 room and board $36,063