277484
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

jimersonj
New Member

How to see exact tax calculation for my 2017 return?

I can't tie to line 44 Tax when I hand calculate it for 2017.  TT is taking a deduction I can't see.  How do I see the Tax calculation used?
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 Reply

How to see exact tax calculation for my 2017 return?

A common cause of the tax not appearing to be right is because the taxpayer has qualified dividends or capital gains (or both). In this case, the tax calculation is shown on a worksheet called "Qualified Dividends and Capital gains Tax Worksheet" (or something close to that).

The reason for this is that qualified dividends and capital gains are taxed at a lower rate than ordinary income. This means that when you look at the Tax Table for this taxable income, you don't see the same result on the tax return. There are some other situations in which tax is calculated using something other than the Tax Table, but qualified dividends and capital gains are the most common reason.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question