topic What do I do if the tax shown by Turbotax is over $2000. less than what the IRS tax table shows? in Deductions & credits

What do I do if the tax shown by Turbotax is over $2000. less than what the IRS tax table shows?

bobfeuillerat1 — Tue, 04 Jun 2019 00:33:19 GMT

MY taxable income is $64,990. and the tax table shows the tax should be $7416.00 and Turbotax shows it should be $5261. I don't want to submit this to the IRS without getting some explanation as to how this can so different and make sure I am paying the correct amount.

Did you have long term capital gains included in your inc...

Lisa995 — Tue, 04 Jun 2019 00:33:20 GMT

Did you have long term capital gains included in your income? They are taxed at a lower rate.

Don’t forget that capital gains and qualified dividends a...

Bsch4477 — Tue, 04 Jun 2019 00:33:22 GMT

Don’t forget that capital gains and qualified dividends are taxed at a lower rate.