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Line 42 of the Schedule D Tax worksheet says to use Tax Comp Wrksht, where is it? Found form on IRS web site and result in TT doesn't match a manual calc, $138 diff. Why?
Just checking some calculations and focusing on line 42 on the Schedule D Tax Worksheet. It says to use the Tax Computation worksheet for my income level. I can't find it in Turbo Tax, searching the web site I found where TT doesn't show this calculation, it's all internal. I find that frustrating since I can't check the number. So I went to the IRS site to find the worksheet. When I do the calculation manually using the IRS form I'm coming up with a number that is $138 less than what TT calculated. Without having the means to determine how TT is calculating this number I can't determine which number is correct. Can someone help me understand how TT calculates this number?
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‎June 7, 2019
5:57 PM