Turbo tax for state of NM calculates a tax on my taxable income that is $2 less than the free State on-line application using he Tax Table. Can you explain why?
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Turbo tax for state of NM calculates a tax on my taxable income that is $2 less than the free State on-line application using he Tax Table. Can you explain why?
Taxable income is $166,782. Using the tax tables, Turbo Tax calculates the tax due = 7762. State of NM App calculates tax due = 7764 ($2 more). Why is there a $2 difference?