topic Large Tax Calculation Error in Get your taxes done using TurboTax

Large Tax Calculation Error

mdhere — Tue, 14 Apr 2026 04:32:41 GMT

I have taxable income on line 15 of my 2025 turbotax 1040 = 102,311. I have calculated the tax amount 3 different ways and still come up with a huge discrepancy..... I am starting to panic! Turbo Tax line 13,838 line 16. I am calculating 17,422. That is a pretty big difference. Any help out there!!!! And yes.... I made some changes and still came up with large discrepancies and yes I checked my filing status many times.

It is actually the Home & Business Version

Re: Large Tax Calculation Error

Mike9241 — Tue, 14 Apr 2026 06:01:26 GMT

You may have significant qualifying dividends and/or net long-term capital gains (e.g., over $50,000). There would be a qualifying dividend and capital gain worksheet that you can see in forms mode.

one other possibility if you are 90 or older and used the alternative tax computation on lump sum distributions (Form 4972).

This forum has no access to your return, so if this doesn't resolve your issue, you'll have to contact support.