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There seems to be a bug in state returns this year. I get a much higher rate via Turbotax than what i see online

 
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3 Replies
DawnC
Employee Tax Expert

There seems to be a bug in state returns this year. I get a much higher rate via Turbotax than what i see online

Can you clarify or provide some more details regarding your issue?

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There seems to be a bug in state returns this year. I get a much higher rate via Turbotax than what i see online

I have had similar income YoY over the last 3 years and my state return has been consistent and quite positive

(it usually offsets my federal amount due).

This year, it s almost nothing.

The rate applied is also much higher than what i can find online as applicable tax rates for NY and NYC

(i.e. it over-estimates my state tax owed by a meaningful amount) 

There seems to be a bug in state returns this year. I get a much higher rate via Turbotax than what i see online

The issue is not with NYC tax; it's with NYS tax rate - the rate applied just for state is ~10% and believe me, I don't make 25M a year; so this is not the correct rate for my bracket. So it feels there is a bug in the calculation this year

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