@GeorgeM777 Yes, that _is_ my situation. However, it seems like I'm either entering the wrong data into TurboTax or TurboTax is doing the wrong calculation for my CA return. For privacy, I'm just going to use fabricated numbers.
Let's say that the total fair market value (taxable income) from the RSUs was $100K. Let's further say that my employer calculated that 70% of the tax went to CA and 30% to OR. So CA was paid $7490 which is 10.7% (tax rate) of 70% ($70k) and OR was paid $2400 which is 8% (tax rate) of 30% ($30k).
Now it comes time to file taxes. CA top marginal rate comes back as 9.3%. OR top marginal rate comes back as 9.9%. OR expects to be paid 100% of the taxes owed on the full $100k and for me to file for a credit with CA.
* The $7490 sent to CA was already too much as it was paid at 10.7% instead of 9.3%
* OR is reporting a large underpayment of taxes because they calculate a little over $9K in taxes owed on the RSU income and only $2400 was paid.
Back to the two problems I'm asking about:
Q1: OR is asking for another ~$5700, but TurboTax is calculating that the CA refund only goes up by $3762, not $5700. And... $7490 in taxes was sent to CA just for the RSUs. So these are differences of $1938 and $3728 respectively. Why am I not getting all of that back from CA when OR is taxing me at a higher rate than CA?
Q2: Oregon and TurboTax are both saying I'm going to have to make estimated tax payments for next year. I'm going to be in the same place where the tax payments are being made, but they're being made to CA and OR doesn't see them. Is there any way to balance this out so that I'm not effectively paying the tax twice and then getting (a partial) refund of part of it from CA?
