topic Re: Tax Summary Display Seems Wrong in Get your taxes done using TurboTax

Tax Summary Display Seems Wrong

TP43 — Tue, 10 Feb 2026 09:23:21 GMT

When I look at the Tax Summary graphs....

The "Taxable Income" amount displayed is actually the "Tax" amount.

The "Refund/Taxes Owed" amount is actually the "Effective Tax Rate %"

Is it just me or is there a problem in the software?

Re: Tax Summary Display Seems Wrong

BillM223 — Mon, 29 Jan 2024 23:45:46 GMT

First, are any numbers on a tax FORM wrong?

Second, are you using the TurboTax Online product or the desktop product?

Re: Tax Summary Display Seems Wrong

TP43 — Thu, 01 Feb 2024 23:26:11 GMT

Hi,

I looked back several years and the information is correct.

On this current year, I also looked at the Form called Tax History. Current year and previous years information is all correct.

For some reason, that chart in the Tax History is displaying the wrong fields.

-Thanks.

Re: Tax Summary Display Seems Wrong

AmyC — Fri, 02 Feb 2024 19:32:05 GMT

When something changes in the program, it can affect other forms. We are doing lots of updates as forms are being released right now. As long as the form itself is correct, I wouldn't worry yet about the summary graph since it pulls in so much information.

Re: Tax Summary Display Seems Wrong

MooHaj — Sat, 27 Apr 2024 18:26:03 GMT

I believe it is a software error:

Using Turbotax Home & Business 2023. Have similar concern. The Tools>Tax History displays form 1040> line 16 instead in "Taxable Income" portion, but it should be from line 15; and it displays Line 33 minus line 23 in "Tax" section.