jimbo4
New Member

State tax filing

I too have prepared 2 tax returns for 2019 South Carolina tax. We have received a letter from South Carolina for each return saying that the tax table is incorrect. From what I can see it is because Turbotax rounds off the numbers for income before the calculations are preformed. Example (1 return had 3 separate W2's, when added together the wages are $ 3 different than what Turbotax reported after calculations. If they are rounded off when entering the W2's before calculations the numbers are the same as Turbotax reported. The South Carolina does not round off numbers until all W2's are added together and then they round off the numbers. The income would have been correct if the numbers were not rounded off until the total was summed up.) This should mean that many letters will be sent out regarding South Carolina tax returns and wrong tax table. This needs to be addressed by Turbotax and fixed! There is no penalty incurred by South Carolina but there is a delay as stated by the previous user.