cdforte45
New Member

Get your taxes done using TurboTax

I just finished using TurboTax 2020 Premier. For a taxable income of $97,868. , it calculated my tax as $12,140. Because you had a problem in your 2019 version, I downloaded the tax tables for year 2020 for comparison. According to the 2020 tax table for taxable income between $97,850 and $97,900 for married filing jointly, I owe $13,113.  I am very distressed that I can no longer trust TurboTax to do accurate calculations. I think that the problem is that you are calculating based on a tax bracket that is incorrect instead of using the proper tax table. Only incomes over $100,000 should be calculated based on a tax bracket.