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Can anyone explain why TurboTax 2021 gave the Montana Senior Interest Income Exclusion of $800 to both my wife and me, but TurboTax 2022 gives my wife $800 and me $0?
As in 2021, my wife and I are both over age 65 and have jointly owned accounts with more than $1600 interest income earned and included in our Montana adjusted gross income. In our 2022 Montana tax return, Married filing Separately, Form 2, page 5, General Subtractions, Line 3, TurboTax enters a $0 exclusion for me and an $800 exclusion for my wife. Can anyone explain this apparent discrepancy in Montana tax reporting between TurboTax 2021 and TurboTax 2022? Thanks!
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March 26, 2023
7:48 PM