1. Home
  2. Quicken Personal Finance
  3. TTax not including additional sales tax, IRS website does

TTax not including additional sales tax, IRS website does

TurboTax calculated the sales tax that I can deduct using the tax tables. Then I went back and Revisited the Sales Tax deduction to add the taxes paid on a remodeling project. Turbotax wouldn't let me enter it via the interview, but I found my way to the "Tax and Interest Deduction Worksheet" and entered the numbers there. Never-the-less, TurboTax ignores the additional number in the totals. The IRS website Tax Deduction Calculator does include the additional taxes paid and adds that number to the value that TurboTax insists on. Looks like a bug in TurboTax.

I posted that note to the TurboTax support community on January 31 but so far no replies.

Bernie

Reply to
B
Loading thread data ...
Reply to
ggrp1.20.martineau

Thanks for the information. That last sentence in the Help is confusing, even with your explanation, but I think it is the reason TurboTax ignored my information. Strange way for TurboTax to handle the situation and not even give a warning!

I now see that the sales tax I was charged and that I put into TurboTax must have only covered the materials and not the labor. The sales tax was actually $96.07, but if the tax rate had been applied to the total charges they would have come to $201.18.

With your explanation I can now see that since the difference between those two numbers is more than $1 TurboTax ignored it altogether!!!! No warning!!! If I hadn't noticed that the deduction amount hadn't changed when I put in the taxes for the remodeling then I wouldn't be getting credit for it at all!

Bernie

Reply to
B

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.