In answer to TaxingDK's message following my 3/2023 messages:
Rather than filing an amended MT return, you may find success as I did:
I chose to not follow the remedy recommended by a TurboTax expert (returning the TurboTax CD to Costco for a refund and purchasing the online product directly from TurboTax), which would add more expense and time to completing my tax reporting.
Instead, I filed my Federal and MT taxes with my (defective) Costco CD TurboTax product and followed up with a letter to
Montana Department of Revenue
Montana Individual Income Tax – Attention Auditors
P.O. Box 7149
Helena, MT [removed]
"Dear Sir/Madam
...I would appreciate your help in addressing a TurboTax error in Montana Form 2 Page 5 Line 3. You will note the $800 partial interest income exemption for my wife in Line 3 Column B and the $0 interest income exemption for me in Column A, even though both my wife and I meet the requirements of Montana Rule 42.15.215 (4). We are over 65 years of age and have interest income greater than $1600 from jointly owned CD and Savings accounts. This income is reported in 1099-INT forms. This income, our joint ownership of the Bank CD and Savings accounts, and our ages are correctly entered in TurboTax.
- Last year TurboTax 2021 gave the $800 interest exemption to both me and my wife.
- This year TurboTax 2022 gives me $0 interest exemption (see our Form 2 Page 5 Line 3).
In multiple efforts, I (and another Montana resident who posted on the TurboTax Community site) failed to resolve this issue. A TurboTax Expert concluded that the Costco TurboTax 2022 CD product that I purchased was apparently the source of the error and that an online upgrade would not be possible. Frustrated by this experience, I e-filed our Montana taxes. I invite your review of Montana Form 2 Page 5 and would welcome an adjustment to correct this error. Please apply 100% of our overpayment to our 2023 Montana estimated tax. Thank you
____________"
An online message via mt.gov TransAction Portal is another way to send this communication to MT DOR, but I printed and mailed my letter. Soon thereafter, I received from MT Department of Revenue an Adjustment Notice, which gave me the $800 interest exemption, thereby reducing my MT tax for 2022.
