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
Hello All, As a limited partner, i received K1. For year 2023, I had
unallowed passive losses that were carried over on my federal forms 8582
(Passive Activity Loss limitations). For Federal 2024, I manually
entered them on Turbo Tax. However, this i...read more
jainsanketPosted March 30, 2025
| Latest post 11m ago by
lleo33
The federal return has phased out all OBBBA benefits because of income
limitations. South Carolina is adding back the increased OBBBA standard
deduction even though I didn't benefit from it. Turbo Tax was supposed
to have an expert call me but no one...read more
babstaxPosted February 18, 2026
| Latest post 32m ago by
SusanY1
state of OH want me to put a number more than 0 in the out-of-state
purchases which you paid no sales tax or OH use tax. I do not have any
and the review keeps marking this as an error. What do I need to do?
redhead520Posted March 7, 2026
| Latest post 37m ago by
Teany
Last year my daughter had a federal section 179 deduction of $690 for a
dishwasher for her rental property. New Jersey adjusted this amount to
138 with a 5 year lifetime. How is the balance carried forward to this
year's tax return? So far there is n...read more
Total Accrued market discount not reported on Total 1099-INT, but
reported as ordinary income. That amount is added to my tax basis for PA
filing. But this is related to the government treasury bill. Should that
be exempt of PA tax?
One of the transactions on my 1099-B is for a US Treasuries redemption
showing the dates acquired and redeemed, box 1d (proceeds), box 1e
(cost, which is less than amount in 1d), and box 1f (accrued market
interest, which equals 1d-1e). My understand...read more
jman3Posted February 11, 2024
| Latest post an hour ago by
betows
My wife and I got married in 2025. She was a resident of Maryland and
then moved to NY to live with me in June 2025. We are filing joint
federal tax return and a joint NY resident return. We were trying to
file a joint part-year resident MD tax retur...read more