2024 California Form 541 Line 11 in TurboTax Business - is this a glitch?

Forum|Forum|1 year ago
February 2, 2025
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I'm filing my 2024 Trust tax return with TurboTax Business desktop, and went through the part for Reviewing Your Return on the California Form 541. I've entered all the information asked for, and in the 541 California Fiduciary Income Tax Return form TurboTax Business has put nothing on Line 11 Taxes (it's just blank). Shouldn't Line 11 Taxes be where my $800 of property tax should be shown?

In the TurboTax Business review, it shows the Deduction Allocation Smart Worksheet and states "Form 541, p1&2: Line 11, column a should have value." In Column a, TurboTax pulled in the property tax I entered in the Federal return and placed that value on Line 10 a "Taxes from federal." It left Line 11 "Taxes" blank. Is that incorrect? In this smart worksheet, should TurboTax Business have placed the property tax on Line 11 Taxes and not Line 10a Taxes from federal? How do I fix it? Or should I just leave it as it is?

TurboTax Business Windows

AllisonHamaker

Same problem here. Line 11a in the 1041 should roll over to line 11 in the 541 but it's hiked up one line into 10a "interest taxes from federal" in error. The software will not allow me to remove line 10a in the 541.

California2024Author

Thanks, it’s nice to know I'm not the only one with this problem. I’d like to fix it now, instead of waiting for TurboTax Business to fix it with an update. This is very frustrating.