All Posts

You mentioned that TT will not allow you to efile if you've made any overrides on your return.  On my 2024 return I was faced with the same dilema where to report agency interest on my Oregon return.  I opted to do an override and post it on OR-ASC Section B subtractions, Code 315.  The override did not prevent me from e-filing, which I was able to do successfully yesterday.  I realize your post is 5 years old so I'm guessing that TT must have modified their software to allow overrides to be e-filed.     I do have a concern:  My broker (Schwab) includes agency interest in box 1 and I'm expecting Oregon Dept. of Revenue to question my return because it isn't reported separately on my federal return.  Agency bonds are a huge market, it is mind boggling that brokers are not required to report agency income separately on a 1099-INT.  I'll be on the phone tomorrow with the Schwab Tax Dept demanding an explanation and expecting to be brushed off lol.  

each line on a Turbotax form or schedule could have instructions that are pages long. this would require its programmers to write additional code for 100s of thousand, if not more, of line in all the tax forms Turbotax does.  this could raise the cost to more than what a pro would charge. It's a matter of practicality since there is this forum and, i believe, free live support for all but online basic  

Thanks @AmyC  for the example. Let's say that I had a loss for Oregon from last year that I wanted to carryforward to this year. Where do I enter the carryforward loss from last year into TurboTax for Oregon during the TurboTax interview (or into a form)? 

I notice the same . Even though my standard deduction is higher than itemized deduction by ~1000 dollars, when I switch to itemized deductions I somehow save money as it reduces net investment tax. I have no idea how this works 

 is the $5600 show up as a refund in the amended return? if you got or will get it then you would owe the $3K. check your refund status at the IRS website.  You may want to try calling the iRS to stop the $5600 refund. However, newspaper articles have stated taxapayers are finding it more difficult to get through to an agent 800-829-1040  

@MarilynG1  This is different thread but related to the same topic you commented on earlier. I'm pretty sure it does apply to this situation and the one from your former comment. When you say "try using State SH in your federal entry" what exactly do you mean? Are you saying there is place in turbo tax when entering charitable tax deductions that I can mark a safe harbor election? I couldn't find that but I'll check again. Any other guidance you could provide would be helpful.