Hi,I live in California and am part of real estate LLC investment funds
that own properties in Oregon. I have checked the filing requirement on
the site (oregon.gov/dor) as well to see if the funds Oregon sourced
income is above the threshold.Do I ne...read more
I have been on phone with 4 Turbo Tax agents today and none could help
me. Got notice that instead of refund I owed money to Va State. It is
linked to IRA Rollover done late in year. Form 2210 on Federal handles
this situation properly. For 2022 taxe...read more
I did a large IRA rollover in 4th quarter and paid estimated taxes at
that time. Form 2210 on federal is filled out to show when money was
moved and taxes were paid.d This data should go into VA state form 760C.
It is not. 90% of Form 760C is being l...read more
Hello! I hope that your day is going well. I have a Massachusetts State
tax filing question that I was unable to get a straight answer from
speaking to the Massachusetts Department of Revenue. 2019 Form 1099C
(debt cancellation) in the amount of $26,...read more
mappy0nePosted February 5, 2020
| Latest post 4 hours ago by
JulieS
My understanding is that NJ does not allow a deduction for amortized
bond premium from interest income even though it is allowed on the
federal side. This is based on the NJ Gross Income Statute using the
term "interest" which is taxable instead of u...read more
wnetmwPosted a week ago
| Latest post 4 hours ago by
wnetmw
Hello, recently I received a K-1 from a fund that included Form N-20 for
Hawaii. On that form, I see the following statements in the "Credits"
sections: See attached Form N-756ASee attached Form N-342ASee attached
Form N-312, Part II However, these f...read more
rynleePosted yesterday
| Latest post 6 hours ago by
CatinaT1
I am trying to amend my 2022 CA taxes with an out of state purchase I
did not realize wasn't taxed. I am getting an error on my amendment form
that says "Schedule X: Line 1 must be blank since Form 540, line 111 in
blank." If Line 1 on the CA explana...read more
We lived separately for entire year. So one is a resident of CA, another
one is resident of MA. California requires MFJ. But MA allows MFS in
that case. We can create a MFS for MA as described in another article
(via mock federal MFS).MA return requi...read more
alizzPosted a week ago
| Latest post 7 hours ago by
DMarkM1
I am a shareholder of my company, which was bought this year. This
company was an S Corp and it was brought into the new company through an
F Reorganization. About half of my sale proceeds were paid out and the
other half was rolled over to the new c...read more
Hello Turbotax, I was trying to file NH state tax after filling all my
information for Federal tax return, I found a defect. My interest and
dividend income in 2023 is more than $4600, however when Turbotax is
transferring the information it identifi...read more
filbert305Posted a week ago
| Latest post 7 hours ago by
JulieS