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Standard Deduction
To get the most advantageous return possible Turbotax decided to give me the Standard Deduction. This is fine however Maryland requires that if I take the Standard Deduction for the Federal return, I must take the Standard Deduction for my state return. Maryland, however, is nowhere as generous as the feds and I end up paying a fortune in Maryland taxes. If I can take itemized deductions for the federal return even though I might pay more to the feds I will come out better overall. Can I force Turbotax to Itemize my deductions?
March 19, 2020
1:56 PM