turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Deciphering Your Tax Forms on Feb 19! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

peter7
Returning Member

Does the tax result[in turbo tax] work with taxable [line 43]incomes over $250,000?

The result in TT shows approx $25,000 tax  and using the tables the result is approx $52,000.  what is the difference????

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
KrisD
Intuit Alumni

Does the tax result[in turbo tax] work with taxable [line 43]incomes over $250,000?

The program may calculate a different tax than the tax tables because of the tax treatments of investments. 

View solution in original post

4 Replies
KrisD
Intuit Alumni

Does the tax result[in turbo tax] work with taxable [line 43]incomes over $250,000?

Is part of your income investments?
peter7
Returning Member

Does the tax result[in turbo tax] work with taxable [line 43]incomes over $250,000?

Tks,  I just figured it out - and yes they are investments  thanks again
KrisD
Intuit Alumni

Does the tax result[in turbo tax] work with taxable [line 43]incomes over $250,000?

Thank you for using TurboTax.
KrisD
Intuit Alumni

Does the tax result[in turbo tax] work with taxable [line 43]incomes over $250,000?

The program may calculate a different tax than the tax tables because of the tax treatments of investments. 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question