First time opening an IRA and taking the deduction on my federal tax return. In turbotax, during the state tax return section, it prompts me with a question on a page titled "IRA Deduction". It states: "Enter the California Portion of your IRA deductions. This amount may be limited to the amount of your california compensation."
My spouse doesn't work, so I contributed 5,500 for both of us (total 11k). So my federal return, it shows a 11k contribution/deduction. What do I enter on this section for the California return? Do I also enter 11k in this field?
There is no guidance on the page, nor a link to explain or provide insight. So I'm a bit lost what to do. Maybe this is a common thing, but its the first time i am filling out the IRA contributions. thanks!
