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Get your taxes done using TurboTax
I found the error, the qualified dividends and capital gain tax worksheet 22 line states: Figure the tax on the amount on line 5 (which is 17,556). If the amount on line 5 is less than $100,000, use the Tax Table to figure the tax. If the amount on line 5 is $100,00 or more, use the Tax Computation Worksheet. In this case, the Tax Table should be used to figure out the taxes, not the Tax Computation Worksheet. And this is why the tax figured is incorrect, Turbo tax needs another "if statement".
March 10, 2021
10:11 AM
5,510 Views