All Posts

Dans la section Provinciale - RAMQ, assurez-vous d'avoir bien sélectionné NON dans la case indiquée. Asurez-vous d'être sur le bon profil  si vous faites une décalration conjointe.      Merci de choisir TurboImpôt

There is a question within the Arkansas State section.   At the start of the Arkansas interview, ensure you have entered your physical street address in Texarkana, AR. Do not use a P.O. Box here, as the exemption is strictly limited to the city limits. Continue through the Arkansas interview until you see a screen titled Border City Exemption. You should see a question that says, Did you live in Texarkana, Arkansas at any time during 2025? Select Yes and then you will enter your income earned while you lived in Texarkana.  Continue on answering the questions. 

In Canada, rent and general living expenses are not tax-deductible expenses that can be subtracted from your income to reduce tax owed. However, they may qualify you for refundable provincial tax credits (such as the Ontario Trillium Benefit), and certain moving expenses are deductible if you moved to attend school.   In TurboTax, you don't list rent as a "deduction"; you list it to qualify for a refundable credit. If you pay rent in Ontario, you can use your rental receipts to apply for the Ontario Energy and Property Tax Credit (part of the Ontario Trillium Benefit) to get money back, particularly if you are low-income.     Ontario (Ontario Trillium Benefit): This is the most common. In TurboTax, go to the Provincial section and complete the ON-BEN form. If you lived in a house/apartment: Enter the total rent paid and the landlord's name.   Claiming Rent on Your Taxes in Ontario What Is the Ontario Trillium Benefit?   Thank you for choosing TurboTax.

What is YNP? Yellowstone National Park? Yosemite National Park? Something else? What are the two states on your W-2s? Parts of Yellowstone National Park are in three different states. When you are in Yellowstone National Park you are in one of those three states, depending on exactly what part of the park you are in. There is no place in the park that is not part of any state. If you worked in a part of the park that is in Wyoming, then you worked in Wyoming. The same is true if you worked in a part of the park that is in one of the other two states, Montana or Idaho.   Wyoming has no state income tax, but Montana and Idaho do. You have to pay state income tax to the state that you worked in, even if you live in a different state.  

C'est vous qui devez entrer le montant de DPA auquel vous avez droit.   Après avoir entré vos dépenses d'entreprise, vous verrez la page où entrer les acquisitions et les dispositions pour l'anneé. Entrez le type d'acquisition.     Ensuite vous verrez le sommaire des immobilisations corporelles. Vous devez entrer vous-même le montant de DPA dans les cases appropriées.      Ensuite, vous verrez la page des dépenses de l'entreprise qui inclut la DPA:      Merci de choisir TurboImpôt

NYS uses the New York Income Factor when determining your tax amount. At first, it may appear as if New York taxes all your income, but you can rest assured that they don’t. Their state return starts with all your taxable income and taxes it at the applicable New York State rate based on your total income.   Then, the state uses your New York sourced income (the amount you allocated) to determine your New York Income Factor, which is what percentage of your income was earned in NYS. Lastly, they multiply your total tax by the New York Income Factor to determine your NYS tax.    You will see New York prorating your taxes on the Let's Review Your New York Numbers screen at the end of your New York return. You will see this toward the bottom of the screen, under the header Taxes.     

I'm not sure how the STAR credit affects your state tax return (if you got it wrong).   The STAR credit is handled in 2 different ways.  If you bought your current home before about 2017, the credit is a direct reduction of your tax bill.  If you bought your house after that, you pay the full amount of your property tax and then you get a rebate check from the state.  I believe the instructions tell you to enter the amount of the rebate check, but to leave it blank if you are one of the older accounts that gets a direct credit on your bill.   Also remember, that when entering your property tax for your FEDERAL tax deduction, you should enter the net amount after subtracting the rebate (if you got one).