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kglm55
New Member

Why is the federal tax amount due incorrect?

 
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4 Replies
LindaS5247
Expert Alumni

Why is the federal tax amount due incorrect?

Please clarify your question by adding some additional information so we may better help you.  Such as: What version of TurboTax are you using? Have you completed entering your tax return into TurboTax? What screen are you on?  Why do you think it is wrong?

 

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Why is the federal tax amount due incorrect?

The federal tax due is on 1040 line 37.  If line 37 is not line 24-33 then check line 38 for an Estimated tax penalty.  The penalty is added on to the tax due on line 37.

kglm55
New Member

Why is the federal tax amount due incorrect?

I am using the mobile app. It shows a federal tax due 10 times greater than my taxable income because of the addition of an Alternative Minimum Tax 

Why is the federal tax amount due incorrect?

Go back though all your entries and look for missing decimal points or amounts typed wrong.

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