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somenathdas
Returning Member

Tax calculation High

For 2019, my Taxable income is $231,273, so I'm in the MFJ 24% bracket. Based on the 2019 Federal tax table, the tax I should pay is $28,765+ ($231,273-$168,400)*24% = $43854. TurboTax Premier computed my tax at $45610. Why the difference of $1756?

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4 Replies

Tax calculation High

What line is it on?  Is there a penalty on line 24?  Of maybe you owe a penalty for something else?  Check each line on your return.

somenathdas
Returning Member

Tax calculation High

@VolvoGirl 

How do I check the line number? I have not filed it yet. Where do I check for the line # 24? I am trying to file using turbotax and it's showing me overall numbers. Am I missing anything?

Tax calculation High

I assume you are using the Online version?  

Before filing,  You can preview the 1040 or print the whole return

https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-f...

Anonymous
Not applicable

Tax calculation High

look at schedule 2 to see if there were any additional taxes besides the income taxes. 

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