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CA State - Adjustments to Income Add/Subtract
1.
W2 Box 12 w is total HSA, whereas it is taken for Employer share (typically much less than Employee share) of HSA contribution and added to CA income. Tax payers end up paying more in CA Taxes.
2. Subtraction of interest on Treasury Bill/Note/Bond is not very obvious
3. TurboTax needs to make Help more readable and searchable. With generative AI tools answering Tax help questions better, you pale in comparison.
‎April 10, 2024
10:19 PM