TurboTax is not calculating correctly Georgia Form 500 ES Part I, Line 1b., “100% of tax for 2024 estimated taxable income." Not updated for 2024 Georgia taxes.

[temay]

See 2023 Georgia Tax Booklet, page 7, "2024 Income Tax Changes".   TurboTax is not using the current standard deductions nor the new flat tax rate of 5.49% effective January 01, 2024.

[LindaS5247]

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. Please click here to receive progress updates on this.

[temay]

Linda has provided the correct Georgia 2024 tax info.  The problem is that the 2023 TurboTax software has not been updated to make that calculation for 2024 estimated Georgia taxes.

[DMarkM1]

This is a reported/known experience.  Here is a link to sign up for updates.