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Returning Member
posted Feb 22, 2024 4:23:43 PM

Georgia 2024 Quarterly Estimated Tax with new Flat Tax Rate

For Ga 2024 quarterly estimates why didn't TurboTax use the new 2024 flat rate tax of 5.49% vs. the 2023 Ga. Tax table in calculating the quarterly payments? It does make a bit of a difference.

I noticed TurboTax did offer the option to use the new 2024 standard deduction of $24000.00 for married filing joint to create the 2024 estimates, but not the new 2024 GA. flat tax rate.  Shouldn't it be there as an option as well?
BTW-first time user of TurboTax.  Appreciate previous comments under another post, but this wasn't really addressed.  Would be great, too, if someone from TurboTax would weigh in/answer? Not sure how to make that request, if it is even an option.
Thanks!

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1 Replies
Expert Alumni
Feb 22, 2024 4:41:52 PM

Some Georgia TurboTax customers are experiencing an issue because TurboTax isn't using the flat tax rate of 5.49% for 2024 estimated taxes.

We’re currently working to resolve this issue. If you’d like to receive progress updates, sign up from this link.