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Employee
June 6, 2019
Solved

2018 property taxes paid in '17 - got state prop tax credit in '18. Can't enter neg # in TT Fed return. How do I resolve?

  • June 6, 2019
  • 1 reply
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Best answer by Cindy0H

A credit from a state is not an item that is entered on the federal return.

If you need more help with this, respond in a comment below.

1 reply

Cindy0HAnswer
Employee
June 6, 2019

A credit from a state is not an item that is entered on the federal return.

If you need more help with this, respond in a comment below.

Employee
June 6, 2019
TT specifically indicates that if I received a state prop tax credit that I have to subtract that from the property taxes reported on my federal form. Since I paid no property taxes in 2018 (paid the prior year), I'd end up with a negative # - which TT won't allow me to enter...