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State tax filing
As you can see in line 20, the contribution was 1301 ( in excess of 1308 of line 8), and as you see in form, the credit is available. It cannot be used in its entirety because total credi is limited by the total tax liability of Line 34, but it should definitely be greater than the 927 proposed by Turbo Tax. Or maybe there is a valid reason for limiting the credit which I do not know.. I believe that line 54 should be 1269, at which point credit matches tax liability and leaves a small carryover. The Line 36 becomes zero and the refund is increased.
‎April 2, 2024
6:19 PM