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2024 California Form 541 Line 11 in TurboTax Business - is this a glitch?

I'm filing my 2024 Trust tax return with TurboTax Business desktop, and went through the part for Reviewing Your Return on the California Form 541. I've entered all the information asked for, and in the 541 California Fiduciary Income Tax Return form TurboTax Business has put nothing on Line 11 Taxes (it's just blank). Shouldn't Line 11 Taxes be where my $800 of property tax should be shown?

In the TurboTax Business review, it shows the Deduction Allocation Smart Worksheet and states "Form 541, p1&2: Line 11, column a should have value."  In Column a, TurboTax pulled in the property tax I entered in the Federal return and placed that value on Line 10 a "Taxes from federal."  It left Line 11 "Taxes" blank. Is that incorrect?  In this smart worksheet, should TurboTax Business have placed the property tax on Line 11 Taxes and not Line 10a Taxes from federal?  How do I fix it? Or should I just leave it as it is?  

 

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7 Replies

2024 California Form 541 Line 11 in TurboTax Business - is this a glitch?

Same problem here. Line 11a in the 1041 should roll over to line 11 in the 541 but it's hiked up one line into 10a "interest taxes from federal" in error. The software will not allow me to remove line 10a in the 541.

2024 California Form 541 Line 11 in TurboTax Business - is this a glitch?

Thanks, it’s nice to know I'm not the only one with this problem. I’d like to fix it now, instead of waiting for TurboTax Business to fix it with an update. This is very frustrating. 

2024 California Form 541 Line 11 in TurboTax Business - is this a glitch?

Just spent some time on  (800)-446-8848. The agent said he'll send a case number to my email.

2024 California Form 541 Line 11 in TurboTax Business - is this a glitch?

I called TurboTax Support and spoke with someone for almost an hour. At first we manually changed the value to Line 11 but that still gave an error in the review checking. Finally, we moved the property tax deduction to tax-exempt income, which then stopped the error. It still shows nothing on Line 11 Taxes, but the Support person said to leave it like that, since it passed the error checking review.  I'll wait for TurboTax Business updates and see if anything changes. 

2024 California Form 541 Line 11 in TurboTax Business - is this a glitch?

No update yet. If they can't fix this over the weekend, I'll ask for a refund and will start over with different software. My k-1 people are calling, pressuring me to finish.

2024 California Form 541 Line 11 in TurboTax Business - is this a glitch?

Today I installed the TT Business Program Updates and it didn't change anything. The Taxes on my 1041 Line 11 still don't get transferred to the CA 541 Line 11 Taxes line.  TT doesn't put anything on Line 11 Taxes on my CA541. What other software are you thinking of using?  I'm distributing my K-1's now so I hope they don't change with TT's next update. Maybe try calling TT again? The support person I spoke to said to just go with what I have since it no longer has an error when I do the error check review. Still seems wrong to me, but who knows. 

2024 California Form 541 Line 11 in TurboTax Business - is this a glitch?

Premium with H&R does 1041s. Hoping that TurboTax just fixes the error soon. I prefer them.

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