johnruser
New Member

Get your taxes done using TurboTax

After entering all my data, I printed a copy of my return for review.  I noted that the tax liability computed by Turbo Tax was less than that computed by an Excel routine that I use to keep track of taxes during the year.  I then computed tax due using the tables in form 1040 instructions and the amount agreed exactly with the Excel amount.  Is this a problem with  Turbo Tax or has some tax law changed that I don't know about?  The Turbo Tax tax liability is less than computed from 1040 tables.