That's a fair point about the simplicity. I guess I was just frustrated with having multiple accounts in different places and the CD rate seemed low compared to my index funds which have been doing well. Are there any downsides to transferring it to another institution as an inherited IRA like others suggested?

The main downsides to transferring would be paperwork hassles and potential for errors. Some financial institutions aren't very experienced with handling inherited IRAs, which operate under different rules. If you do decide to transfer, make absolutely sure it's done as a direct trustee-to-trustee transfer of an inherited IRA. Don't let them give you a check or close the account, as that would trigger full taxation. Also ensure the new account is properly titled as an inherited IRA with the original owner's name and your name as beneficiary. Finally, confirm the new institution understands you're subject to the pre-SECURE Act RMD rules based on your life expectancy. When done correctly, the transfer itself isn't taxable.

Where did you hear this? I haven't seen anything about changes to inherited IRA rules in the current tax proposals. Do you have a link?

You're right to question this. I should have been more specific. There's no direct "Tax Reform 2.0" package targeting inherited IRAs specifically right now. What I was referring to are some of the ongoing discussions around retirement security legislation following the SECURE Act 2.0 passed in 2022. There are occasionally proposals floated about harmonizing pre-2020 and post-2020 inherited IRA rules, but nothing concrete has advanced through committees. I apologize for creating unnecessary concern. The current rules for pre-2020 inherited IRAs like the OP's should remain stable for the foreseeable future, and I shouldn't have implied otherwise without specific legislation to reference.

PMI deduction expired after 2021 I believe. They keep threatening to bring it back but nothing yet. It's annoying because I'm paying $180/month for PMI that used to at least give me a tax break!

You're right, unfortunately it hasn't been renewed. I just double-checked and the PMI deduction expired after 2021 tax year. Really hurts those of us who couldn't put 20% down. I was chatting with my lender last week about doing a reappraisal since home values in my area have gone up, which might get me over that 20% equity threshold and eliminate the PMI altogether. Might be worth looking into if you've been in your home a while or values have increased in your area.

But isn't home office deduction only for self-employed people? I work remotely for a company and my tax person said employees can't deduct home office anymore after the Trump tax changes.

Do they help with finding deductions specifically for gig workers? That's been my biggest struggle since switching to 1099 work.

Yes, they have a really good section dedicated to independent contractor/gig work deductions. They walk you through all the common deductions like mileage, phone bills, hot bags (for food delivery), cleaning supplies, phone mounts, etc. They also have a helpful feature that lets you track expenses by percentage of business use. So if you use your phone 80% for gig work, it calculates the appropriate deduction. They're not as pushy as TurboTax, but they don't miss any potential deductions either.

Seconding this! VITA helped me with my DoorDash and Instacart 1099s last year. Just make sure to bring ALL your documentation - car mileage logs, expense receipts, etc.

What tax software would you recommend specifically for options trading? I did mostly puts and calls, nothing too exotic.

For relatively straightforward options trading like puts and calls, I've found H&R Block Premium to handle it well. TurboTax Premier is also good but more expensive. TaxAct Premier+ is a less expensive option that still handles investment income properly. The key is making sure you import your trading data directly from your brokerage rather than entering it manually. This dramatically reduces errors and saves tons of time, especially with the volume of trades you're describing.

This is such an underrated point! I got hit with a $400 underpayment penalty in California because I didn't realize my trading income required quarterly payments. The federal underpayment penalty wasn't as bad, but still annoying.

Do you know if this works if you got insurance through healthcare.gov and not a state exchange? Some states don't have their own marketplace and use the federal one instead. Would the state line still help in that case?

If you got insurance through healthcare.gov rather than a state exchange, then you'd need to contact the federal marketplace directly. States that don't have their own exchanges wouldn't have dedicated support for this. But there's another angle you could try - contact your specific insurance company's customer service. Sometimes they can at least confirm details about your coverage that might help, even if they can't provide the actual 1095-A form (which has to come from the marketplace).

Thanks for this suggestion! If I can't get this resolved in the next week or so, I'll definitely file the extension. Really hoping it doesn't come to that though - I was planning to use my refund for some urgent car repairs. Does filing an extension delay when I would get my refund too?

Yes, filing an extension will delay your refund since the IRS can't process and issue a refund until you actually file your complete tax return. The extension only gives you more time to file the paperwork - it doesn't extend the time to pay any taxes due or receive refunds. If you're counting on that refund money, definitely try the suggestions others have mentioned for getting your 1095-A as quickly as possible. That Form 8962 is absolutely required if you received advance premium tax credits, and there's unfortunately no way around it.