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New Member
posted Apr 8, 2025 7:40:17 AM

How do I correct my form when TurboTax enters the incorrect tax for the AGI amount per IRS Tables?

$49,709 in program is taxed @ $5982 when IRS Tax table shows $5993 for Single person

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3 Replies
Level 15
Apr 8, 2025 7:48:19 AM

There  is not just one tax table.  Do you have---for example---any qualified dividends or capital gains?

Level 15
Apr 8, 2025 7:49:09 AM

If you have qualified dividends or capital gains they are taxed at a lower rate. 

Expert Alumni
Apr 8, 2025 7:54:11 AM

Yes, you are correct. The rounding using the IRS required background details does create a few dollars difference overall on many tax returns. Keep in mind that TurboTax must obtain permission from the IRS to be able to submit tax returns and for the IRS to receive them.

 

There is no reason for concern. You can file your tax return with confidence.

 

@flyby961