Business & farm


@VolvoGirl wrote:

 

 

When you click on that then at the bottom it will say....The California Middle Class Tax Refund (MCTR) will not be taxable on your California or federal returns.  It will show up as Other Income on Schedule 1 line 8z and also as a separate negative amount to zero it out.


That makes no sense.  Even the FTB says it "may be taxable on your federal return" and refers to publication 525.  Are you sure TT isn't doing a benefits rule calculation in a worksheet somewhere, especially if the taxpayer took itemized deductions last year?