John286
Returning Member

State tax filing

Dawn,

Your are correct that for 2023 GA does not have a flat tax rate.  But new for 2024 they do and it's 5.49%.  So I would have thought for calculating 2024 estimates TurboTax would have used it.  As I said, it it does make a bit of a difference.  Ga. also made other changes for 2024 which was mainly a new standard deduction and eliminating personal exemptions and the age 65 additional deduction.  I file a married joint return and my 2024 standard deduction is $24,000.00. I saw that in my state section of TurboTax.

Please advise.

 

And thank you for your very prompt response.