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mandm4ev
New Member

TurboTax has not resolved this. I calculate my Itemized Deductions to be $25,629 but TT has it as $26,021. TT error is in the calculation of paid taxes. Difference $392

I traced this discrepancy back to the first section of Sched A - paid taxes - state income, local real estate, + pers property taxes.  For me its the addition of 3 numbers. TT number is $392 higher than my calculation. I cannot find the source of this discrepancy in TT.  Can anyone help?
UPDATE:  Solved!  The $392 was what I owed and paid of 2017 State Income tax.
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1 Best answer

Accepted Solutions
Ashby
New Member

TurboTax has not resolved this. I calculate my Itemized Deductions to be $25,629 but TT has it as $26,021. TT error is in the calculation of paid taxes. Difference $392

If you have a state tax liability on your 2017 tax return, TT figures that payment, made in Spring 2018, into the calculation. This accounts for the difference.

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4 Replies
Ashby
New Member

TurboTax has not resolved this. I calculate my Itemized Deductions to be $25,629 but TT has it as $26,021. TT error is in the calculation of paid taxes. Difference $392

Did you have a state tax liability on your 2017 tax return. If so, TT figures that payment, made in Spring 2018, into the calculation.
mandm4ev
New Member

TurboTax has not resolved this. I calculate my Itemized Deductions to be $25,629 but TT has it as $26,021. TT error is in the calculation of paid taxes. Difference $392

1 try and 1 winner. Solved !   Nice work and thanks.  
Ashby
New Member

TurboTax has not resolved this. I calculate my Itemized Deductions to be $25,629 but TT has it as $26,021. TT error is in the calculation of paid taxes. Difference $392

If you have a state tax liability on your 2017 tax return, TT figures that payment, made in Spring 2018, into the calculation. This accounts for the difference.

TurboTax has not resolved this. I calculate my Itemized Deductions to be $25,629 but TT has it as $26,021. TT error is in the calculation of paid taxes. Difference $392

Solved.  I was also going to say to check your W2 for anything in boxes 14 and 19 like for SDI or VDI.

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