Hi Experts,
I made a $4K payment in 2023 to my employer for a so-called TEQ (tax equallization) payment for my 2017 tax, where the employer filed their tax payment to the IRS and asked me to pay them back. But the payment wasn't made until last year due to they didn't ask them earlier. My 2017 tax preparer was PriceWaterhouse, and they told me that this payment made in 2023 can be deducted from my tax last year, but need to enter as a "above the line" deduction. After some searching online about how to enter this data, it appears that the TurboTax online premier version does not support this, and I'll have to use the desktop version.
So I'd like to verify this before I spending the money buying the desktop version, since I already paid for the online Premium version. Can someone please confirm/deny that the desktop version can indeed allow me to enter this, or, if there's a way I can still enter this deduction in the Online Premium version?
(Needless to say, it's just too bad that the paid Online Premium version does not support direct form entries, and I hope TurboTax can consider adding this feature in the future).
Thanks a lot!
