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Oregon 529 Credit Calculated Incorrectly
I'm using TurboTax Premier, and trying to fill in my Oregon tax return for 2023. I contributed $6800 to my kids' 529 plans in Oregon this year, which should max out the $340 refundable credit (5% - since I make over the highest income threshold for the credit - of $6800 is $340, and my tax liability is _far_ higher than that). However, the calculation is only giving me a credit of $294. I have no idea how it's coming up with that, because in the actual "smart worksheet" it's calculating the $340, but then giving a result of $294 (picture attached).
Any suggestions?
‎February 28, 2024
12:29 AM