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State tax filing
Thank you so much for helping me understand this. I live chatted (changed from premier to premier live) with 2 product experts and 2 tax experts and none of them were able to provide anything close to what you provided. Most ridiculously is that one of them just left the chat for no reason, shame on them!!!
Anyway, I redo the math and the result is indeed $691:
Total income: 149598+1139+49-5000 = 145786
NC income: 18550+664-5000 = 14214
Percentage: 14214/145786 = 0.0975
NC tax: (145786 - 10750)x0.0975x5.25%=691
Thank you again and TurboTax should hire you as their lead tax expert and refund me with the difference between premier and premier live!
‎February 28, 2021
4:32 PM