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Duckfan
Returning Member

TurboTax Error in transferring info from Federal to State

I am using TurboTax Premier and went through the process to file both Federal and State electronically at the same time.  I paid $25 to TurboTax to file for Oregon.

 

I spent a long time double checking the Federal return, and quickly (since the state is very simple) glanced at the State before filing after a long, stressful session of doing my taxes.  Later the same day, I am looking over my state return (Oregon) and found that TurboTax erroneously reported my Federal Tax Liability as $0 on line 10.  So I assume it didn't transfer over this information from my Federal Return.  Federal Taxes paid is a deduction in my taxable income for Oregon, so I am now paying hundreds of dollars more in taxes than I should!!!!

 

I've been using TurboTax for almost 40 years, when I would buy it on floppy disks.  Now I am shocked that it would make such a dumb mistake, costing me money.  Now I wonder what else did TurboTax get wrong?

 

What do I do now? 

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1 Reply
Duckfan
Returning Member

TurboTax Error in transferring info from Federal to State

Solved:  After a couple hours of frustration trying to fix my return to file an amendment, I found a small worksheet (out of the roughly 100 worksheets in my return) that showed why there was $0 under 2024 Fed Liability. 

 

In Oregon, the federal Premium Tax Credit is taxed as income and reduces the Federal Tax paid deduction.  In my case , it brought it to zero.

 

I'm actually relieved to know that TurboTax wasn't the cause.

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