7t9r743V
Returning Member

State tax filing

No, I reached out to TurboTax support and they confirmed that electronic filing for the Virginia PTET tax is not currently supported because there's currently no mechanism in TurboTax Online to upload the individual's VK-1 form. I asked for them to open a feature request to implement support for electronic filing for the Virginia PTET tax credit, but I did not get any confirmation from TurboTax support about if or when this functionality will be supported.

 

I ended up having to file my Virginia return by mail and manually included my VK-1 in the packet. Fingers crossed that it doesn't get rejected.

 

I would imagine that there are hundreds, if not thousands, of other Virginia small business owners who use TurboTax and are encountering this issue with claiming the PTET credit. Hopefully TurboTax adds support for it soon.