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Level 1
posted Jan 13, 2024 8:47:57 AM

Where is the "Tax Computation Worksheet"?

On line 24 of the Qualified Dividends and Cap Gain Tax worksheet it indicates the tax was calculated on the "Tax Computation Worksheet" Where is the worksheet available for review?

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2 Replies
Level 15
Jan 13, 2024 8:54:06 AM

The Tax Computation Worksheet is an internal TurboTax calculation based on the worksheet that is in the IRS Form 1040 instructions after the tax tables.

For tax year 2023 go to IRS Form 1040 instructions on page 77 - https://www.irs.gov/pub/irs-pdf/i1040gi.pdf#page=77

Level 1
Jan 13, 2024 11:43:57 AM

Thanks.  Does not make sense to me Turbo wouldn't have worksheet duplicating IRS table with specific return numbers filled in.  Anyhow, appreciate your quick response.  Thanks again