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Deductions & credits
Stealth taxes in MD due to new standard deductions on Federal forms. TurboTax did NOT tell me that I would save over $1100 in taxes if I used itemized deductions on my Federal forms. Using the new standard deduction my Federal tax was $200 lower, but my MD state taxes were $1300 higher. This should have been calculated by the program. Good thing I decided to check it both ways.
‎June 5, 2019
11:25 PM
1,206 Views