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February 8, 2024
Question

I don’t understand what they are asking for on the state taxes form . Something about the date . Thank you for your help

  • February 8, 2024
  • 1 reply
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I’m filing my federal taxes, they asked my to add to my deduction for the percentage of our state tax.
Some how the date doesn’t jive, because 01/01/2023 - 12/31/2023 is more than 365 days. Thank you for yr help

1 reply

February 10, 2024

If you are in the Schedule A interview, the interview wants to know your sales tax rate, for your state and your city. For example, in Texas, the state sales tax rate is 6.25% and my city adds 2% to that, for a total of 8.25%. I believe that TurboTax is looking for the 8.25%.

 

Don't worry about the year - some years are 365 days and other years (like this year) will be 366.

 

I am puzzled. "01/01/2023 - 12/31/2023" is most certainly 365 days, if you count both the start date and the end date - see Time and Date.

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