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Question - Turbo Tax - LA state tax credit
Posted on 4/14/19 at 9:19 am
Posted on 4/14/19 at 9:19 am
I serve on a board, where members receive a $500 La state tax credit.
Am at a loss on how to enter that on Turbo Tax. Can’t seem to find it in any area of deductions.
Anyone know?
Am at a loss on how to enter that on Turbo Tax. Can’t seem to find it in any area of deductions.
Anyone know?
2
Posted on 4/15/19 at 7:08 am to Kreg Jennings
I use Turbo Tax also. Did you use it where it goes through all steps asking you all the questions? That's all I got.
This post was edited on 4/15/19 at 7:10 am
Posted on 4/15/19 at 10:54 am to Kreg Jennings
Is it a credit or a deduction?
Turbotax probably has one place to enter it if it's a credit, and another place to enter if it's a deduction. In any event, it's probably in some state-specific section of the program. You may need to know the "code" for the credit or deduction.
Turbotax probably has one place to enter it if it's a credit, and another place to enter if it's a deduction. In any event, it's probably in some state-specific section of the program. You may need to know the "code" for the credit or deduction.
Posted on 4/15/19 at 12:26 pm to LSUFanHouston
Almost positive there is a section for inputting special tax credits, like the Angel Investor Tax Credit etc. At the end.
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