TurboTax

Level 3

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How is fed tax calculated

Does Turbotax Delux have a worksheet that shows how the fed tax on line 16 of F1040 is calculated?

Is there a similar worksheet in the state products?

Best answer by KrisD15

If you are using TurboTax Desktop, you can switch to Forms and look at

1040/1040SR Wks

Scroll down to Tax Smart Worksheet

Often the programs uses Tax Tables or

Most states will tax on a certain percentage listed on the state return, but it depends on the state.

Level 15

If you are using TurboTax Desktop, you can switch to Forms and look at

1040/1040SR Wks

Scroll down to Tax Smart Worksheet

Often the programs uses Tax Tables or

Most states will tax on a certain percentage listed on the state return, but it depends on the state.

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Level 3

Ok. I found the worksheet. Thank you.

Level 15

TurboTax does not have a Tax Computation Worksheet as a form or worksheet.

The calculation is done internally.

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