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Hey everyone, I am new to ProConnect and am still trying to figure out the system. I am currently doing a return for a client who resides in Texas, and they are itemizing their deductions. When I review their return, I see an amount in Line 5a of the Schedule A, but I can't see how this is being calculated. Does anyone out here have experience on how to drill down an see how things are being pulled in and calculated?
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That's the line for sales tax? The amount is pulled from the Optional Sales Tax Tables, published by IRS to show what a normal Texan (pardon the oxymoron) with that income and family size would pay in sales tax, excluding vehicles and a couple other things. That has been around more than 50 years, but you haven't, and you learn something new every day.
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Bob, thank you for the response. I do understand that it is pulled from the Optional Sales Tax Tables, but is there a way to see that in ProConnect? The only thing that I can see is the worksheet that shows the amount, but it does not show where that number is being calculated. I also searched for the tables online for 2024 but don't see an updated table for the tax year. I just want to make sure I am comfortable with all of the numbers on the return before I submit it for e-file.
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Apparently IRS now has an online calculator. I couldn't find the published tables either, but I didn't look very long. It's possible that the tax software links to this.
https://www.irs.gov/credits-deductions/individuals/use-the-sales-tax-deduction-calculator
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I'm going to be late to work but I took another couple minutes to find this. See pages 12-17
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I can't thank you enough. Thank you for taking the time to help me out.
