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My wife's W2 has in box 14 "ORSTTW - $43,980.89". The SW automatically set this as the Oregon Statewide Transit tax. This is actually the WAGES for it.
Since the software mis-handled the ORSTTW in box 14, it reported an additional $43,980 in state taxes paid. This could get someone in trouble if it was the difference in hitting the max SALT for itemized deductions. Please fix it! ORSTT was the line below it and that was the correct Oregon Statewide Transit Tax.
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My wife's W2 has in box 14 "ORSTTW - $43,980.89". The SW automatically set this as the Oregon Statewide Transit tax. This is actually the WAGES for it.
Yep, and the "Category" selection is different depending on whether you are using the Online software vs Desktop software.
Here's what I tell people who post here and actually notice the problem....for the others that do not realize it was wrong.., they are Screwed and facing an eventual amended tax return mess!..
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IF There is one entry for the smaller amount (ORSTTT).....the Turbotax Category you select is "ORSTT W/H" where "W/H" = withholding ................(or select "Oregon Statewide Transit Tax" if you are using the desktop software)
(.....but I'm not sure the other one (ORSTTW) "wages" should even be there in box 14 at all......but I guess that's something for the Oregon tax EA's/CPAs to fight.....)
IF&when you do enter the larger ORSTTW $$ amount make sure you select (I guess) "Other not on above list"...that's probably what you needed to select
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BUT..it will only happen for Oregon W-2 forms that have the wages in box 14......I'm not sure that all W-2 forms will have the wages there...but all should have the Tax itself there.
I informed TTX (offline) that this will be a MAJOR problem, and I'll add your post to it too.
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My wife's W2 has in box 14 "ORSTTW - $43,980.89". The SW automatically set this as the Oregon Statewide Transit tax. This is actually the WAGES for it.
Yep, and the "Category" selection is different depending on whether you are using the Online software vs Desktop software.
Here's what I tell people who post here and actually notice the problem....for the others that do not realize it was wrong.., they are Screwed and facing an eventual amended tax return mess!..
______________________
IF There is one entry for the smaller amount (ORSTTT).....the Turbotax Category you select is "ORSTT W/H" where "W/H" = withholding ................(or select "Oregon Statewide Transit Tax" if you are using the desktop software)
(.....but I'm not sure the other one (ORSTTW) "wages" should even be there in box 14 at all......but I guess that's something for the Oregon tax EA's/CPAs to fight.....)
IF&when you do enter the larger ORSTTW $$ amount make sure you select (I guess) "Other not on above list"...that's probably what you needed to select
_________________________________
BUT..it will only happen for Oregon W-2 forms that have the wages in box 14......I'm not sure that all W-2 forms will have the wages there...but all should have the Tax itself there.
I informed TTX (offline) that this will be a MAJOR problem, and I'll add your post to it too.
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My wife's W2 has in box 14 "ORSTTW - $43,980.89". The SW automatically set this as the Oregon Statewide Transit tax. This is actually the WAGES for it.
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My wife's W2 has in box 14 "ORSTTW - $43,980.89". The SW automatically set this as the Oregon Statewide Transit tax. This is actually the WAGES for it.
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My wife's W2 has in box 14 "ORSTTW - $43,980.89". The SW automatically set this as the Oregon Statewide Transit tax. This is actually the WAGES for it.
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My wife's W2 has in box 14 "ORSTTW - $43,980.89". The SW automatically set this as the Oregon Statewide Transit tax. This is actually the WAGES for it.
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My wife's W2 has in box 14 "ORSTTW - $43,980.89". The SW automatically set this as the Oregon Statewide Transit tax. This is actually the WAGES for it.
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My wife's W2 has in box 14 "ORSTTW - $43,980.89". The SW automatically set this as the Oregon Statewide Transit tax. This is actually the WAGES for it.
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My wife's W2 has in box 14 "ORSTTW - $43,980.89". The SW automatically set this as the Oregon Statewide Transit tax. This is actually the WAGES for it.
Intuit's idea of fixing this problem is to prefill the two items on the W-2 screen then tell you it's wrong on the next, "but you can choose something else" other than "other" if you want to. ; {
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My wife's W2 has in box 14 "ORSTTW - $43,980.89". The SW automatically set this as the Oregon Statewide Transit tax. This is actually the WAGES for it.
Turbo Tax has a problem with the Oregon State Transit Tax AGAIN! Transit tax does get reported on the W-2 in box 14, both the wages and tax withheld. It would seem logical to select Oregon Statewide Transit Tax in the dropdown box, but by doing so, Turbo Tax calls it State Mandatory Taxes and adds it to Other Income Taxes. BIG ERROR! Select "Other (not classified)". Fix it TT!
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