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Deductions & credits
BECAUSE in states with a gradient tax structure toggling back and forth can save you a lot of money. In Maryland we test that toggle for every return files. Sometimes by choosing itemized when SD seems better that forces the state to recalculate and in the aggregate you save money. Perfectly legal BUT in Turbo Tax if there is a choice it is hidden and that means people lose.
‎February 26, 2024
5:35 PM