Arkansas State TT software:
- Filing Status: (4) Married filing separately on the same return
- Both “Taxpayer” and “Spouse” each have employer sponsored pension and qualified IRA distributions.
- TT did only asked if the spouse wanted to take the first $6,000 exemption from pension and qualified IRA distributions.
- By default, TT chose the “65 Special” tax credit, which increased the state tax liability by $200-$300.
- After overriding the necessary information on the state forms, I was unable to transmit the Arkansas state return.
- After spending an hour on the phone with a TT agent, we decided that I would have to file the state return by mail.
- While completing the state return, I discovered that the TT program says that “Personal Property Taxes” are NOT allowed in Itemized Deduction. However, upon reading the AR1000F/NR instructions, it is clearly disclosed that “Personal Property Taxes” are allowed and have their own separate line 6 on the AR3.
- I checked back to my 2024 return and these items worked fine.
Because of the INACCURACY of TT, and having to file AR state tax manually, I saved around $300 and spent about 6 hours of my time.
All of this brings into question the programing by TT. My return was fairly simple. How many more programing errors are there in AR tax software (Federal software)?
I have been using TurboTax for my returns for 10-15 years. After this year, I am not sure I will renew my subscription.
