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Get your taxes done using TurboTax
@xmasbaby0thanks for the reply.
You wrote:
There are several states that allow you to enter the federal tax you paid on your state return--Alabama, Iowa. Missouri, Montana, and Oregon. If you are filing in one of these states watch for the deduction when you prepare your state return.
While using TurboTax desktop (Windows), I didn't see anywhere to enter the info mentioned above in the state return, even though it is one of the states you listed.
Is that even going to matter, though? In other words, is it likely to reduce any amount of taxes owed or to increase any refund? Or is this calculation a sub-component of trying to determine whether to take the standard deduction vs. itemizing?
‎April 21, 2024
9:50 AM