Does TurboTax show how the tax number comes out on the return? such as long term capital gain amount with rate for tax and so on

[lizwfw]

I have only ONE category gain/loss, it combined with long/short term together, but they are different tax rate. My return comes out huge difference. I would like to know how Turbotax did.

[VolvoGirl]

Even though it shows up as income on the first page,if you have capital gains or qualified dividends the tax is not taken from the tax table but is calculated separately from schedule D.  The tax will be calculated on the Qualified Dividends and Capital Gain Tax Worksheet.  It does not get filed with your return.

In the online version you need to save your return as a pdf file and include all worksheets to see it.

For the Desktop version you can switch to Forms Mode and open the worksheet to see it.  Click Forms in the upper right (upper left for Mac) and look through the list and open the Qualified Dividends and Capital Gain Tax Worksheet.  And you will need to use this IRS worksheet on page 15.

https://www.irs.gov/pub/irs-pdf/i1040tt.pdf