TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Level 1

Solved

Unable to understand the federal deductions applied

Forum|Forum|7 years ago
June 6, 2019
2 replies
27 views

I see that the following was used to calculate the itemized deductions:

1. Taxes paid with state or local tax return
2. Federal Withholding
3. State Withholding

I am not able to understand #1 i.e. Taxes paid with state or local tax return

Can you please explain?

TurboTax Deluxe Online

Best answer by

When you completed your state tax return for the 2015 tax year, if you owed the state money and you paid that money in 2016, you would be able to take a deduction for the amount paid to the state.

If your state tax return for 2015 resulted in a refund to you, this does not apply.

Level 2

I transferred after tax contributions from my company 401k to a Roth IRA and it looks like I have to pay taxes on it. since I already paid taxes.

A

Anonymous

Answer

When you completed your state tax return for the 2015 tax year, if you owed the state money and you paid that money in 2016, you would be able to take a deduction for the amount paid to the state.

If your state tax return for 2015 resulted in a refund to you, this does not apply.