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Taxable income determined by TurboTax doesn't match IRS Publication 17

When I compare my taxable income to the IRS Tax Table Turbotax determines I owe more tax than the IRS has written. Can somebody tell me why?

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Accepted Solutions
DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Taxable income determined by TurboTax doesn't match IRS Publication 17

Do you have a business with a net profit?  If so, you will owe Self-Employment taxes which are separate from federal income taxes.

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2 Replies
DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Taxable income determined by TurboTax doesn't match IRS Publication 17

Do you have a business with a net profit?  If so, you will owe Self-Employment taxes which are separate from federal income taxes.

Taxable income determined by TurboTax doesn't match IRS Publication 17

@DoninGA You were spot on correct. The difference equals my self employment tax. Thank you very much👌🏼

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