KHS2
Level 1
02-14-2021
03:59 PM
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Where do I find/prove the CA 540 Tax Rate Schedule is calculating properly. Manual calculation does not agree with ProSeries calc.
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George4Tacks
Level 15
02-14-2021
04:02 PM
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Most amounts are from the table, not from calculation.
https://www.ftb.ca.gov/file/personal/tax-calculator-tables-rates.asp
Answers are easy. Questions are hard!
KHS2
Level 1
02-14-2021
04:09 PM
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Statement at the end of the Tables - "OVER $100,000 YOU MUST COMPUTE YOUR
TAX USING THE TAX RATE SCHEDULES" When I use the Calculator via the link you provided it calculates the same as ProSeries, however when I use the Tax Rate Schedule I calculate a lower tax amount. Thanks for your assistance.
