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Why is turbotax calculated California tax different from FTB rate schedule for a state taxable income $1565032?
CA Form 540 line 19 taxable income is $1565032. Based on FTB rate schedule line 31 tax should be $157560 (married filing jointly), but turbotax calculated it to be $159183. If line 19 is below $1354550, turbotax calculated the tax correctly. Is this a bug? Is there anyway to overwrite a mistake by the software? We are required to e-file, so there's no remedy of paper filing.
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‎January 26, 2023
10:40 AM