Major Purchase Sales Tax

[jetski777]

Using the sales tax tables, I added a major purchase (snowmobile) of $4200 with $412 sales tax paid. TurboTax then calculated additional sales tax deduction of only $4.12. Why so low?

[ErnieS0 · Accepted solution]

Check your entries. For major purchases, TurboTax uses the smaller of the state sales tax rate or the sale tax percentage you listed on the major purchases screen.

 One of your percentages is off. Check the number you entered as the total sales tax rate and the sales tax percent on Enter Major Purchases. Based on your numbers your rate is 9.8%.

[jetski777]

That was it. I entered .098 and it should have been 9.8.

Thanks!