topic Total tax in Get your taxes done using TurboTax

Total tax

rivoli — Wed, 05 Apr 2023 17:58:03 GMT

2022 Tax Computation Worksheet—Line 16.
Comparing Total Tax calculated by Turbo Tax and using 2022 Tax Computation Worksheet, I arrive at a different amount which is higher than that computed by Turbo Tax.

Re: Total tax

DawnC — Wed, 05 Apr 2023 18:14:11 GMT

If you have any of the following included in your return, the tax table doesn't give you accurate results:

Qualified Dividends and Capital Gain Tax Worksheet
Schedule D Tax Worksheet
Schedule J
Form 8615
Foreign Earned Income Tax Worksheet

On the Tax Smart Worksheet - what LIne has the X?

Re: Total tax

rivoli — Wed, 05 Apr 2023 19:58:17 GMT

Re: Total tax

DawnC — Wed, 05 Apr 2023 19:16:15 GMT

Look on the 1040/1040SR Wks - - not Form 1040, but the worksheet. Scroll down until you see Tax Smart Worksheet. In section A - what line is the X on? That X will tell you where you can see the calculation or if A1 has the X, you would use the tax table. Not all of your income is taxed at 22%.