topic TurboTax math error on form 1040 in Get your taxes done using TurboTax

TurboTax math error on form 1040

RandyW — Wed, 22 Apr 2020 17:14:16 GMT

On my form 1040, which I've already filed, the following apparent error occurs.

Line 16, total tax: $15,158

Line 19, total payments: $11,142

So, line 23, "Amount you owe. Subtract line 19 from line 16" should be 15,158 - 11,142 = $4,016.

BUT IT'S NOT. The form shows $4,101, which is $85 off.

Am I missing something?

Re: TurboTax math error on form 1040

DawnC — Wed, 22 Apr 2020 18:05:34 GMT

It is probably a typo, but the calculations are guaranteed to be accurate, see details in the link below. Line 16 is the total of 14 (non-negative) and 15. Line 19 is the same as 17 and 18e.

2019 Form 1040 instructions can be found here.

TurboTax stands by its claim - ''Your taxes done right, guaranteed!!''

2021 TurboTax math error on form 1040

whatever99 — Tue, 05 Apr 2022 15:29:35 GMT

TT 2021 Form 1040:

Line 24, total tax: $14,018

Line 33, total payments: $11,749

Line 37, "Amount you owe. Subtract line 33 from line 24." should be 14,018 - 11,749 = $2,269.

The form shows $2,272.

It's only $3, but this is very simple math, why is it wrong?

Re: 2021 TurboTax math error on form 1040

DoninGA — Tue, 05 Apr 2022 15:33:07 GMT

@whatever99 wrote:

TT 2021 Form 1040:

Line 24, total tax: $14,018

Line 33, total payments: $11,749

Line 37, "Amount you owe. Subtract line 33 from line 24." should be 14,018 - 11,749 = $2,269.

The form shows $2,272.

It's only $3, but this is very simple math, why is it wrong?

Is there a $3 estimated tax penalty shown on Line 38?

Re: 2021 TurboTax math error on form 1040

whatever99 — Tue, 05 Apr 2022 15:38:15 GMT

Duh - didn't see it, since it was below and left of the number. Yes - thanks for replying!!