turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I have $26.2K wages, $11.1K int + ord divs, $42.4K qual divs + cap gains, std exempt of $6.4K, $5.9K r/e int + tax, $90 charity. I calc $3915 in fed tax, TT says $6710.

Pretty straightforward.  Never had this discrep w/ TT in 25+ yrs of using.  I've assumed $38K of qual divs + cap gains excluded from taxes.  

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Anita01
New Member

I have $26.2K wages, $11.1K int + ord divs, $42.4K qual divs + cap gains, std exempt of $6.4K, $5.9K r/e int + tax, $90 charity. I calc $3915 in fed tax, TT says $6710.

You can see exactly what your return shows by choosing Tools on the left, then your tax Summary.  Once the Summary is up, select preview my 1040 on the left.  Your return doesn't sound too complicated, but you may see something surprising on your 1040, such as an entry error where the decimal point or comma was off.  Come back and post in the comments if you have questions after looking at the 1040.

View solution in original post

1 Reply
Anita01
New Member

I have $26.2K wages, $11.1K int + ord divs, $42.4K qual divs + cap gains, std exempt of $6.4K, $5.9K r/e int + tax, $90 charity. I calc $3915 in fed tax, TT says $6710.

You can see exactly what your return shows by choosing Tools on the left, then your tax Summary.  Once the Summary is up, select preview my 1040 on the left.  Your return doesn't sound too complicated, but you may see something surprising on your 1040, such as an entry error where the decimal point or comma was off.  Come back and post in the comments if you have questions after looking at the 1040.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies