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
For tax year 2026 (i.e. 2027 filing), let's say the federal standard
deduction is $32,200 and Oklahoma deduction is 12,700 for MFJ. Oklahoma
requires you to take standard deduction for state if you take it on
federal. I'm forecasting my itemizations ...read more
OKchrisPosted 5 hours ago
| Latest post 4 hours ago by
OKchris
Hello, I didn't notice until after I filed that TurboTax didn't include
my husband's Federal Pension Exclusion (this should have transferred to
my Arizona return and it didn't. This doesn't affect my Federal return
at all so I am not amending my 1040...read more
It appears the Turbo Tax MO-A is adding back too much in state tax
deductions to MO itemized deductions when the taxpayer has phased down
federal state and local income tax deductions from $40,000 to $10,000
due to AGI on their federal Schedule A. Wh...read more
There seems to be many difficult issues using TurboTax for Business,
whether it is the desktop version or the online version. Let me describe
the situation: many corporations in NJ are S-corp for federal purposes
ND C-Type for NJ purposes. On Turbota...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
Using TT desktop on Mac that is up to date. I have run into an issue
with a 2025 WI state income tax return. Entering the property tax paid
(~$10,000) for "School Property Tax Credit" in the "EasyStep" mode does
not seem populate line 16b on the WI s...read more
I am long-time, expert user of TT. I have often told people that they
don't need to pay a preparer, TT can walk anyone thru the process. The
program is the best available and worth what it costs.However, until
this year, I have never used TT to e-fil...read more
MartyDCPosted yesterday
| Latest post yesterday by
DoninGA