OK, guess what - the Deductions and Credits screen is correct today (and of course, I claim to have done nothing to fix it). In fact, I Exited and Reloaded Turbotax several times over the weekend, hoping the fictitious entry would go away. But now it is correct in that the totals add up, but it is INCORRECT in figuring the State and Local Tax - which is causing an EVEN MORE SERIOUS PROBLEM.
Turbotax is using my Quarterly payments plus the 2019 State Tax refund being carried forward to calculate my State Tax - and comes up with $14,733 for the State Taxes vs. the $6,000 it calculates on my State Return. This, with my property tax payment pushes me over the 14,000 Standard Deduction (even with the $10,000 limitation for SALT). So Turbotax is now saying it is going to file a Schedule A for me instead of letting me use the Standard Deduction of $14,000.
True, I get a bigger deduction, but it is not right. Depending on how the IRS handled this, I could envision an $8,000 deduction to the Schedule A total, which Turbotax is now claiming to be $16,000.
This isn't right, is it? Why is Turbotax doing this.
ropn in shawnee
