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Cannot deduct sales tax on a major purchase because Turbotax says the rate is different and it is not. They are both 8.25% for Texas. Is this a bug?
The actual error is "You cannot deduct sales tax paid on this item since the rate was different than the total general rate for this location, 8.2500%" The summary says: sales tax paid 4,747.20 sales tax calculated at total general rate 4,139.38
This is when I try to enter a major purchase
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June 3, 2019
1:21 PM
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Retirement tax questions
I figured it out. I was entering what my invoice said was the tax paid. the calculated amount is what it should actually be. I just calculated it myself.
June 3, 2019
1:21 PM
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Retirement tax questions
ccsutor,
Can you please show me how to calculate the sales tax calculated at total general rate?
Can you please show me how to calculate the sales tax calculated at total general rate?
June 3, 2019
1:21 PM