topic wrong tax liability amount shown on federal return in Get your taxes done using TurboTax

wrong tax liability amount shown on federal return

arkvan — Tue, 03 Feb 2026 10:30:52 GMT

My federal return shows the correct Taxable Income but the Tax Liability shown is incorrect. What now?

Re: wrong tax liability amount shown on federal return

KeshaH — Sun, 16 Feb 2025 22:16:40 GMT

It's possible you've reported income that is taxed at a different rate than your ordinary tax rate, so using tax tables and tax rate schedules would not give you the correct tax liability.

Is your tax liability higher or lower than expected? What kind of income has been reported on the return (ex: capital gains, self employment income)?

Re: wrong tax liability amount shown on federal return

arkvan — Sun, 16 Feb 2025 22:33:43 GMT

As soon as I submitted my question I remembered about capital gains taxation. Thanks for your quick response. It is much appreciated.

Re: wrong tax liability amount shown on federal return

KeshaH — Sun, 16 Feb 2025 23:03:14 GMT

You're welcome! I'm glad you got it figured out.