https://ttlc.intuit.com/community/taxes/discussion/why-does-my-taxable-income-amount-lower-than-total-minus-deductions/01/406151#M167613 <P>Total Income 71,673 - 23,300 deductions = 48,373 taxable income. Yet Turbo Tax shows taxable income 22,799. </P><P>Why the difference? Is there a soft ware error? </P><P>We are both on SS and that is part of our total income.&nbsp;<BR /></P> Tue, 04 Jun 2019 20:17:45 GMT ajmcdevitt 2019-06-04T20:17:45Z https://ttlc.intuit.com/community/taxes/discussion/why-does-my-taxable-income-amount-lower-than-total-minus-deductions/01/406151#M167613 <P>Total Income 71,673 - 23,300 deductions = 48,373 taxable income. Yet Turbo Tax shows taxable income 22,799. </P><P>Why the difference? Is there a soft ware error? </P><P>We are both on SS and that is part of our total income.&nbsp;<BR /></P> Tue, 04 Jun 2019 20:17:45 GMT https://ttlc.intuit.com/community/taxes/discussion/why-does-my-taxable-income-amount-lower-than-total-minus-deductions/01/406151#M167613 ajmcdevitt 2019-06-04T20:17:45Z https://ttlc.intuit.com/community/taxes/discussion/your-total-income-is-not-what-s-used-in-the-determination/01/406158#M167617 <P>Your total income is not what's used in the determination of taxable income.&nbsp; Rather your Adjusted Gross Income is used.&nbsp; Only a portion of your social security is taxable.&nbsp; Look at your 1040 to see how all this is calculated.&nbsp; Click on Forms in the upper right, then click on the 1040 in the list of forms in your return on he left.</P> Tue, 04 Jun 2019 20:17:46 GMT https://ttlc.intuit.com/community/taxes/discussion/your-total-income-is-not-what-s-used-in-the-determination/01/406158#M167617 Anita01 2019-06-04T20:17:46Z