Owl5
Level 2

State tax filing

This year, on the 2022 Oregon return, I was able to find a way to bypass TT's inability to recognize certain federal agency bonds as state tax exempt: I used the worksheet "Other Additions" and simply typed in the correction for Additions (for me, the Additions included muni bond interest paid to other states, which is taxable by Oregon). I then used the worksheet "Other Subtractions" , but had to over-ride the subtraction amount, which, for me, is the total of U.S. Treasury interest plus the interest from federal agencies that are state tax-exempt.

 

Both of these corrections then flowed correctly onto Oregon's Form ASC. When I ran a TT check for the return, it then said the Oregon return could be efiled. I didn't efile since it's cheaper just to drop the return off and get a printed receipt at the local Dept. of Revenue.