I am filing married jointly with Turbo Tax Premier. Form 1040 Line 10 showed taxable income $149325. Tax from Line 11 a was $24,039. But with a simple calculation from Excel, tax was $24569 based on taxable income $149325 and tax rates for married filing jointly. The difference was $530. Did I missed anything?
Attached please see the numbers from Turbo Tax and Excel calculation. Thanks.
Zhen
P.S. The version used was updated this morning.
You'll need to sign in or create an account to connect with an expert.
Did you have Qualified dividends or Capital gains on your tax return? The Qualified Dividends and Capital Gain Tax Worksheet is used to calculate the tax if you have Qualified dividends or Capital gains on your return.
Did you have Qualified dividends or Capital gains on your tax return? The Qualified Dividends and Capital Gain Tax Worksheet is used to calculate the tax if you have Qualified dividends or Capital gains on your return.
found my entry further down in the form and even though it showed correct. Further on that page of reentering same amount found a extra comma. resolved.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
mredi1
New Member
ankitkohli-ak
New Member
kjcamp2021
New Member
rkwheeler22
New Member
garbite
New Member