turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
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.

rsivaraj
New Member

DTI calculation

I have a turbotax account and my DTI score is 90% with around $8500 indicated as "other payments" apart from my car loan, rent and credit card payments, making my total debt to $12500. I do not understand how my other debt payments are being shown as $8500, as I do not have any debt other than car and credit card balances
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.

1 Best answer

Accepted Solutions

DTI calculation


@Nick bless wrote:

...please don’t send us to a link. Just explain the “other payment” cos other credit reports show a lower DTI 


There is no alternative since there really is no actual support on this board for the Turbo application. You can try posting on their Facebook or Twitter pages.

 

Facebook: https://www.facebook.com/IntuitTurbo/?ref=br_rs

 

Twitter: https://twitter.com/intuitturbo

View solution in original post

3 Replies

DTI calculation


@rsivaraj wrote:
I have a turbotax account and my DTI score is 90% with around $8500 indicated as "other payments" apart from my car loan, rent and credit card payments, making my total debt to $12500. I do not understand how my other debt payments are being shown as $8500, as I do not have any debt other than car and credit card balances

You should really check your credit reports (which you can get for free from the site below) to ensure that there are not any spurious/inaccurate items in your credit history.

 

https://www.annualcreditreport.com/index.action

DTI calculation

I am having other payment on the DTI as well. I checked my credit report and nothing shows inaccuracies. Can TurboTax explain what that means because the calculation they have for DTI is confusing.. please don’t send us to a link. Just explain the “other payment” cos other credit reports show a lower DTI 

DTI calculation


@Nick bless wrote:

...please don’t send us to a link. Just explain the “other payment” cos other credit reports show a lower DTI 


There is no alternative since there really is no actual support on this board for the Turbo application. You can try posting on their Facebook or Twitter pages.

 

Facebook: https://www.facebook.com/IntuitTurbo/?ref=br_rs

 

Twitter: https://twitter.com/intuitturbo

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies