Retirement tax questions

In 2024, my father in law received a lump sum RMD after 14 years (from 4/1/2010), he was not aware of the retirement pension.  The plan administrator included interest income in the lump sum amount.  As an example, the amount received was $50,000 (including estimated $5,000 interest income).  Assuming the RMD per year is $300, what line numbers do these amounts go?  Also, requesting additional taxes to be waived.  Some explanation would be greatly appreciated.  Thank you.

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Hi,My husband and I own an LLC in a non-community property state, filing a partnership return. We each contributed to a SEP IRA. A few questions:1. Should those contributions be entered on the partnership return or only on our individual return? 2. If on the partnership return, how do I change the entry if we did not contribute the full 20% allowed? 3. We contributed equal amounts to our SEP IRAs, but our ownership percentage is 51%/49%. How do I reconcile this on the filing? Thank you!@dmertz 

Person in the ministry has an amount for housing allowance in box 14 of W2. When I put in the W2, it shows $100 in taxes due. On another screen for ministry, it asks for the housing allowance amount  again and when I put that amount in on this screen, it shows he owes, over $2,000 in taxes.    When I put in the amount he actually spent on housing, it goes back to him owing $100 in taxes. I think it is adding the housing allowance twice.  How do I fix this?

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Im doing my daughter's returns for 2024.  She worked for three companies in 2024 but only contributed to her HSA with two of them.  Its her first contributions to an HSA and the total was $1250 single coverage only.  As she is single and filing as such her maximum is $4150.  her data automatically populated  when I put in the EIN and now TT is telling me she is over the limit and must take a withdrawal.  How do I get this fixed?  Thank You

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I am collecting a pension more than 27k and would like to start collecting SS at 65 (2 yrs before full eligibility).  Will the pension count as earned income, resulting in penalties or repayment once I start collecting SS? thanks A

Under the Employment status, which box do I check if I am retired, not working but do receive a monthly pension?

i STARTED THE TAXES OVER AND I STILL CANNOT SKIP THE RSCCREDIT. IS THIS HOW TURBO TAX GETS PEOPLE TO PAY A FEE. THIS IS RIDICULOUS

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I have a statement from Austria listing the total amount provided plus the total taxes paid in Austria. But this statement is not in the form of any US tax form like a 1099.

Retired Jan 2023, no 1099R received for 2023. Employer unable to explain the form for 2024 other than its FYI only, not intended to be taxable income. Can this be entered into Turbo Tax to removed the income tax impact from data in Box 2a of the form? Should the employer update the 1099r to show the taxable income at $0?

Good morning, I am under the age of 55 and unfortunately over contributed to my ROTH IRA by 2k. I understand that there is one method of an Excess Contribution form that I can fill out, but is there a way that I can contribute that 2k to the current year? If excess contribution is the only method, how do I showcase this on my tax forms?  I had filed a extension to make sure this subject matter was fixed since I do not have prior experience for this. Also, to my knowledge if I correct it in a timely manner of the tax season of 2024, would I still have the 6% tax penalty if I do utilize the excess contribution method with Fidelity?

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What should we do?  Fidelity does not answer their phones.

I have never filed under self employed what do I need

My ROTH IRA contribution is above the stated earned income, but below the stated taxable income.

I can’t file my taxes. Former spouse refuses to give me her social security number. What can I do?

I did a IRA to HSA one time exchange per the IRS rules. Turbo tax has entered a 3805 P form into my California taxes and has indicated an early distribution of just the amount I exchanged. The rules say an early distribution is taken before 59 1/2 years old. If I'm in my 60's, why am I seeing a penalty?

I contributed too much to my ROTH in 2023, Removed the excess in March 2024. Now  TurboTax is saying I owe additional tax on form 5329... for the amount that I removed.  How do I fix this? 

As I was filing my 2024 taxes, I saw the comparison from last year to this year and the calculations looked off, and instead of owing taxes last year, I should have gotten a refund.  Well, come to find out, it appears that I was taxed on the information imported from my W2 in Box12, but it was coded as DD, which from my understanding, that is not taxable income.  Do I now need to file an amendment?