I’m using TurboTax Home and Business on a Lenovo laptop with Windows 11 and all the software is up-to-date as of 4/14/2024.
I want to know how TurboTax determines how I should pay state taxes.
(1) I live in CA and get SSI, Dividend (MRD), Interest, and some other income. (2) I have a farm in an Indiana LLC for which I share expense and proceeds with a local farmer. I don’t “actively participate” so I file Form 4835 to report that income and expense. I travel to Indiana in some years to help maintain the property (not “farm” it) but I don’t become a “resident” so I file accordingly in Indiana as Non-Resident.
It seems to me that some of the income is attributable to California (1, above) and some to Indiana (2).
My question is how does TurboTax know (or does it?) that the farm operation is in Indiana and the other income is from California? I file the farm’s LLC fees in Indiana (Secretary of State office, not Department of Revenue) and that seems like an entirely separate issue to me.
Am I paying CA and IN taxes twice (SSI exemptions notwithstanding)? Should I be filing to Indiana at all?
Thank for any insight you can share.
