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Level 1
January 5, 2023
Solved

IN Monroe County tax rate

  • January 5, 2023
  • 1 reply
  • 0 views

The Monroe County tax rate goes from 0.01345 to 0.0203500 on October 1, 2022. With the Indiana 2022 Schedule CT-40 a 3:1 weighted average tax, 0.015175, is employed for all of 2022. TurboTax applies 0.0203500 for the entire year. Instead, TurboTax should use 0.015175 for the entire year too.
(0.0203500+3*0.01345)/4 = 0.015175

    Best answer by Anonymous_

    You can contact Support about this issue, but you might want to wait a couple of weeks because the state section of the program might not be complete (there should be additional updates forthcoming).

     

    What is the TurboTax phone number? (intuit.com)

    1 reply

    Level 15
    January 5, 2023

    You can contact Support about this issue, but you might want to wait a couple of weeks because the state section of the program might not be complete (there should be additional updates forthcoming).

     

    What is the TurboTax phone number? (intuit.com)

    Level 2
    January 31, 2023

    Has this been corrected?  Or should I do my taxes with another service?

    Level 15
    January 31, 2023

    This has been corrected.

     

    @w_sparkle

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