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February 12, 2024
Question

Georgia Form 500, Schedule 1, Page 2

  • February 12, 2024
  • 1 reply
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For my Georgia return why didn't TurboTax ask me for the interest & dividend income allocation between myself & spouse for Schedule 1, page 2 to accurately calculate my Ga. income exclusions.  All it asked for was the capital gain/loss allocation.  I had to click on the form itself & manually enter the data. Or, is that how you do it with TurboTax?  I had thought TurboTax would have asked for the allocation of interest & dividends like it did for the capital gain/loss?  Did I miss keying in something, somewhere?

    1 reply

    February 12, 2024

    In TurboTax Desktop, on the screen where you enter a Form 1099-INT to report interest income, there are radio buttons where you indicate "This interest belongs to...

     

    • [Taxpayer Name]
    • [Spouse's Name]
    • Both of us 

    You may have missed that when you entered your Form 1099-INT.

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