rducotey
Returning Member

State tax filing

ok I finally got my earnings allocated between NM and AZ...BUT, in looking at the NM PIT-B instructions, Turbo-Tax does NOT follow the instructions for the form.  Line 12 of Pit-b says:

12. DIVIDE the amount on line 11, Column 2 by the amount on line 11, Column 1, showing 4 decimal places.
(Cannot be less than zero. If greater than 1, enter 100.0000.)  My result was 58.5263% and that is what TT continues to use.  The result is obviously greater than 1 and therefore NM says 100.0000% should be entered but TT enters 58.5263%  I believe you have a serious NM software bug in TT.