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How do I get the right amount for sales tax?
I did the IRS Sales Tax Deduction Calculator. Per IRS: State=6.2500%. Local 1.100%. I entered 7.35%. Turbo Tax Premeier has my deduction as $797. IRS has that it is $937. What income is this based on; Income 1040, Line 7 (taxable), or total income (taxable + nontaxable). Should I try and override the $797 and change it to $937 or leave it alone? Thanks
March 1, 2020
10:13 AM