Grab Bag
THIS allows you to treat a regular contribution made to a Roth IRA or to a traditional IRA as having been made to the other type of IRA.
What is a recharacterization?
https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-iras
What is HSA?
This Midwestern state has a lake of the same name, borders Canada, and has a flat income tax rate.
What is Michigan?
https://itep.org/how-many-states-have-a-flat-income-tax/
Marginal all-taxes tax rate, ROUNDED, at the Federal level for a single taxpayer with taxable income of $50,000 whose sole source of income is self-employment income. Ignore 1/2 SE tax deduction.
What is 37%?
15.3% + 22%, rounded..
This famously generous Oregon state credit is not available for tax year 2022 because 2022 is an even number.
What is the Oregon kicker?
https://www.oregon.gov/dor/programs/individuals/Pages/Kicker.aspx
This Ohio regional tax has the same name as the Beatles' lovely meter maid.
This tool in SalesForce grants us a view on data, such as Expected Refund, Actual Refund and Final Deposit, in a third party partner's system. We are guests on this system.
The form a taxpayer must file with the MN Department of Revenue in order to get a Minnesota Renter's Property Tax Refund.
What is the M1PR?
Renters credit is available to non-elderly in this state.
State which offers a renters' credit to nonelderly, with maximum income allowed to qualify at either $49,220 or $98,440 depending on filing status. No separate filing necessary; included on state tax return.
What is California?
The URL for the full Glance screenshare, appropriate for helping a customer struggling with login issues or who has a complex situation where viewing a form outside of TurboTax would help.
The state which must be entered first in TurboTax in order to claim a credit for taxes paid to other states, if the situation involves a Virginia resident return and a California nonresident return.
What is Virginia?
State which offers a renters' credit to non-elderly taxpayers, but maximum income and maximum monthly rent to qualify are $18,000 and $450, respectively. No separate filing is necessary; included on state tax return.
What is New York?
Confusingly, one of the first screens in the W-4 calculator within TTO itself asks for expected salary for the entire year but just year-to-date for THIS.
What is Federal Withholdings?
What is IRC Section 1202?
The one state Iowa has a reciprocal agreement with.
What is Illinois?