There are a lot of calculations that go into figuring out your total tax due which include the rates on capital gains and a bunch of other fun calculations.
Without looking at your return there is no way to know why there is a $20,000 disparity between what you think your tax bill should be and what TurboTax is calculating. If you have the TurboTax desktop program then you can go to forms view and see the worksheets with the calculations that the system is using to calculate your tax rate.
I urge you to either consult a tax professional or switch to the desktop program before you send the IRS $20,000. If all of your information is entered correctly the system is unlikely to have calculated incorrectly.
@jmiovech
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
