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New Member
posted Jul 30, 2024 11:49:26 AM

Does TurboTax provide my sales tax rate and actual tax rate?

0 2 6170
2 Replies
Level 15
Jul 30, 2024 12:19:14 PM

If you will be using Sales Taxes as an itemized deduction on Schedule A of your federal tax return, you have to provide the program with your State sales tax rate and your Local sales tax rate.

 

Your federal tax bracket is used by the TurboTax program based on your taxable income and Filing Status.  TurboTax uses the tax brackets as published by the IRS for the tax year being filed.

IRS website for the 2023 tax brackets - https://www.irs.gov/filing/federal-income-tax-rates-and-brackets

Level 15
Jul 30, 2024 12:50:18 PM

Not sure why you are asking about a sales tax rate----are you trying to use sales tax as an itemized deduction?

https://ttlc.intuit.com/questions/1900791-how-do-i-find-my-local-sales-tax

https://ttlc.intuit.com/questions/2566624-how-much-sales-tax-did-i-pay-last-year