turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Ask the Experts All About the Refund! >> Event happening NOW!!!!
Close icon
Do you have a TurboTax Online account?

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

Line 28 of my 1040A of my 2017 turbo tax computation doesn't match the 2017 IRS tax table!!! it is 47 dollar lower that he IRS. IS THIS WRONG!!!

the 2017 taxable income TAX in this TT 1040A form does not match the IRS TAX in the IRS 1040 instructions tax table, WHY?


SEE ATTACHEMENT

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

Line 28 of my 1040A of my 2017 turbo tax computation doesn't match the 2017 IRS tax table!!! it is 47 dollar lower that he IRS. IS THIS WRONG!!!

Your screenshot tells you the reason.  The tax table is only one of seven ways of computing the tax.  You must have had capital gains or qualified dividends so the as the check mark indicates the tax is computed on the capital gains worksheet and not the tax table.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

View solution in original post

2 Replies

Line 28 of my 1040A of my 2017 turbo tax computation doesn't match the 2017 IRS tax table!!! it is 47 dollar lower that he IRS. IS THIS WRONG!!!

Your screenshot tells you the reason.  The tax table is only one of seven ways of computing the tax.  You must have had capital gains or qualified dividends so the as the check mark indicates the tax is computed on the capital gains worksheet and not the tax table.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

Line 28 of my 1040A of my 2017 turbo tax computation doesn't match the 2017 IRS tax table!!! it is 47 dollar lower that he IRS. IS THIS WRONG!!!

If you have any capital gains those are taxed at a lower rate.  You have to print your whole return with all the worsheets to see the Capital Gain Worksheet and how the tax is calculated.  It's very common for your Tax to be lower than the tax table.

FAQ
https://ttlc.intuit.com/replies/3300459
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies