how TO CORRECT GEORGIA SALT LIMITATION

[joebanks1]

how to correct George salt limitation

[AmyC]

Please see this article to amend. I assume you filed and have now received the email about the issue. If it is another issue, please clarify.

[lbrady0613]

There is no option for TO CORRECT GEORGIA SALT LIMITATION in the reasons why I am amending my return. What am I supposed to select?

[katiemae122901]

I have the same question as the original post. The article you linked gives no actual instructions. When I open my tax return to amend the return, I cannot find any topic heading to make a change. Other posts have mentioned Line 12 subsections but how can those be amended? And what should the correct information be? 

This was a mistake by TurboTax and we're not being given enough information to make the necessary change. The program itself also doesn't appear to have been updated to allow us to make this change directly. Since this amendment needs to be filed in two weeks (by April 15th), a prompt resolution and more information needs to be sent out ASAP.

[DaveF1006]

To fix the error in TurboTax, you typically cannot just change a single box on the summary screen. You need to "force" the adjustment in the Georgia State section of the software:

1. Open the Amended Return: Within TurboTax, select the option to Amend a filed return.
2. Navigate to the Georgia State Return: Go to the "State Taxes" tab and select "Georgia."
3. Locate "Adjustments to Federal Itemized Deductions": Look for a screen titled "Adjustments to Georgia Itemized Deductions" or "Georgia Subtractions."
4. Edit Line 12b (The "SALT" Adjustment):
5. Georgia requires you to add back any state and local taxes deducted on your federal return that exceed Georgia's allowance.
6. If TurboTax allowed a $40,000 deduction on your federal return, but Georgia only allows $10,000, you must ensure Line 12b of the Georgia Form 500 reflects the difference (the amount that needs to be "added back" to your income).
7. What to select for "Reason for Amending":

• Since there isn't a specific "SALT Error" button, select "Other" or "To report a change in Itemized Deductions." In the text box provided, type: "Correcting state and local tax (SALT) limitation to conform with Georgia law ($10,000 cap)."

If you are looking at your actual forms, here is how the math should look:

1. Line 12a: This is your total federal itemized deduction (from Federal Schedule A). 
2. Line 12b: This is the adjustment. To correctly limit SALT to $10,000, this line should equal:

• Total State and local taxes minus  $10,000.
• Line 12c: This is your final Georgia Itemized Deduction (12a minus 12b). 

The result of 12a-12b= $10,000

[user17715872872]

I wish I had the option of amending my state return by myself.  Since I used the "Turbotax Full Service" option, I'm stuck with waiting for assistance.  I had booked a meeting this morning with a rep and they never sent the Zoom meeting link!  I emailed several times, but zero response.

I feel like I'm in a Keystone Cops movie, sitting in jail waiting for someone to bail me out of jail.