Ok, in a CTF game you have Magneto and say nightcrawler or Flash(someone w/ hypersonic speed). Can Magneto carry nightcrawler then telekinesis him and then have move to the flag grab it then run back to Magneto have him telekinesis him back? All in one turn of course.

Um, no.
Magneto cannot perform two actions in one turn, so he can only TK a fig once. And Running Shot can't be combined with TK.
Plus, due to NAAT, should Mags carry a fig, that fig cannot do anything for the rest of the round.

Mr. Sprinkles, if that is your real name...Let's analyze this point by point

So for Magneto to what you wanted (taxi out, TK out, run back, TK back) it would require you giving Magneto a move action, a power action, a violation of the NAAT rule and then another power action.
Considering that you are allowed one action per character per turn maximum, I think Magneto getting 3 and breaking a fundamental rule would mean one of 2 things

1. You are actively trying to cheat or
2. You do not read rules, let alone FAQs