State tax laws may vary! That’s the biggest takeaway from this post.
While many states conform to the IRS tax guidelines, at least to a
certain extent, nearly all of them require some adjustments to maximize
your state deductions. And, some states se...read more
Do you even have to file taxes in more than one state? Do you know if
you’re a resident, nonresident, or part-year resident? What if you’re in
a state temporarily, such as a military move? So many questions - and
TurboTax has the answers! Let’s start...read more
It looks like the calculation for Line 40 is not pulling the correct
information from my federal form. In Worksheet 1 - Wisconsin Itemized
Deduction Credit, Line 3 does not including the medical insurance
reported on Form 1095A so the total medical c...read more
I have an s-corp in NC. I used form CD429 to pay PTET on behalf of my
one and only shareholder (myself). This continues to be a TurboTax blind
spot where there is no obvious place to have this amount paid ($506)
flow through to my personal taxes on t...read more
As a full-time California resident, what is the purpose of electing to
report all or a portion of one's net capital gains on Line 4e on CA Form
3526 as investment income? Do you need to list an amount only if you
plan to take a deduction for an inves...read more
compbmPosted Thursday
| Latest post 30m ago by
MaryK4
Turbotax has asked if this was the first year of withdrawal form this
account , which it is not. It then asked for the value of all IRA's on
12/31/2025. Is this asking for the value of all IRA's owned by this
individual (vs indivual and spouse) as th...read more
I have completed the Federal portion of the return for this year using
your desktop software. Subsequently, I downloaded and paid for the New
York State Chapter S software. Every time I go to start the return, it
starts a brand new download loop, say...read more
I was late in filing for a NR state return for 2020. In 2025, that state
garnished what it estimated I owed when I redeemed some federal t-bonds.
After I competed the state return, I was refunded more than what was
garnished. I'm not sure where to re...read more