3684413
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Where can I see how my federal taxes are calculated ?

I want to see how my federal taxes are calculated
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

Where can I see how my federal taxes are calculated ?

look at page 2 line 16 of your 1040

line 16 can come from

1) tax tables

2) tax rate schedule

3) form 8814

4) form4972

5) long termn capital gain and qualified dividend worksheet (not so indicated)

6) other forms

 

then there may be other forms and schedules with amounts on lines 17,19,20,23,27, 28 and 29

 

 

Where can I see how my federal taxes are calculated ?

The question is where can I see the calculations that turbo tax made to compute my taxes?

Where can I see how my federal taxes are calculated ?

It depends on what kind of income you have.  There are like 7 different ways to figure the tax.

 

See the IRS worksheet on 1040 page 36 for how the tax is figured.  Turbo Tax uses the same worksheet.

https://www.irs.gov/pub/irs-pdf/i1040gi.pdf

 

Even though it shows up as income on the first page,if you have capital gains or qualified dividends the tax is not taken from the tax table but is calculated separately from schedule D.  The tax will be calculated on the Qualified Dividends and Capital Gain Tax Worksheet.  It does not get filed with your return.    See this FAQ

https://ttlc.intuit.com/community/forms/help/form-1040-line-11-amount-is-less-than-standard-irs-tax-...

 

In the online version you need to save your return as a pdf file and include all worksheets to see it.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question