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Form ME 1040 Sch PTFC, Property Tax Fairness Credit is available and supported by TurboTax!
Proceed to the "State" section of TurboTax and go into the interview screens for Maine. You cannot access the Property Tax Fairness Credit screens without proceeding through all the other questions first.
Eventually you will get to the screens that ask if you are elgible for the Credit. The screen will ask: "Did You Own or Rent Your Maine Home?" Select the applicable boxes and continue through and TurboTax will calculate any applicable Credit for you.
That question never came up... Care to give me a real answer? I can't talk to anyone with out paying I am losing money by going through TurboTax as I have to pay because I have a 401k and not I can't even get to the point that well actually give me a return only to be giving the run around... This is bull**bleep**!!!!
1. Click on "State" in left hand menu
2. Click on "Your State Returns" at top of page
3. Click on "Continue Your Maine return"
4. Continue until you get to the page titled "You've finished your Maine return"
5. Scroll down to "Taxes and Credits"
6. Click "update"
7. Continue
8.. Answer the use tax question
9. Answer the sales tax question
10. Then you will get to the "Property Tax Fairness" questions
Caution! TurboTax calculated my 2019 Maine Property Tax Fairness Credit incorrectly. Using the official State form the credit should be $973, but TurboTax calculates $803. Quite a significant reduction for a fixed income senior. And I don't see any way to request a correction or just skip the State return filing.
There may be reasons why the credit was limited. Unfortunately i can't see your to figure out the discrepancy. I would suggest that you contact Turbo Tax tax support as they have the ability to view your return to determine how the calculation was determined.
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