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INCOME $1100000, SALES TAX RATE 7.25 %, TURBOTAX CALCULATES MY SALES TAX DEDUCTION AS ZERO. 2016 WITH LOWER INCOME TURBOTAX CALCULATED THAT I HAD A $942 DEDUCTION.
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INCOME $1100000, SALES TAX RATE 7.25 %, TURBOTAX CALCULATES MY SALES TAX DEDUCTION AS ZERO. 2016 WITH LOWER INCOME TURBOTAX CALCULATED THAT I HAD A $942 DEDUCTION.
If you're able to itemize, your sales tax deduction should be calculating, so it's odd that it's not.
Can you go back through the sales tax interview to make sure everything's answered exactly the way it should be?
To do that:
1. Click Federal on the left-hand side menu.
2. Click Deductions & Credits across the top.
3. Scroll down to Estimates and Other Taxes Paid and click Show more.
4. Click Start or Revisit by Sales Tax.
Make sure the dates that you lived in that jurisdiction are both in 2017. If you lived there the entire year, use Jan 1st through Dec 31st.
Put your tax rate (7.25%, in your case) in again on the next page.
If it's not calculating after all that, post back to this thread.
- Mark as New
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INCOME $1100000, SALES TAX RATE 7.25 %, TURBOTAX CALCULATES MY SALES TAX DEDUCTION AS ZERO. 2016 WITH LOWER INCOME TURBOTAX CALCULATED THAT I HAD A $942 DEDUCTION.
If you're able to itemize, your sales tax deduction should be calculating, so it's odd that it's not.
Can you go back through the sales tax interview to make sure everything's answered exactly the way it should be?
To do that:
1. Click Federal on the left-hand side menu.
2. Click Deductions & Credits across the top.
3. Scroll down to Estimates and Other Taxes Paid and click Show more.
4. Click Start or Revisit by Sales Tax.
Make sure the dates that you lived in that jurisdiction are both in 2017. If you lived there the entire year, use Jan 1st through Dec 31st.
Put your tax rate (7.25%, in your case) in again on the next page.
If it's not calculating after all that, post back to this thread.
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