riju81
Level 2
Member profile
- Replies
- Posts
-
Thanks I figured it out. Wasn’t accounting for the extra Medicare tax. Thank you all for your help.
-
Another related question. My effective tax rate for 2022 is lower than 2023 for a similar income. I thought due to inflation adjustment the rate would be lower ...
-
Thanks. That explains it I think. I thought if I entered the total wages the federal tax estimate would be close to what Turbotax desktop would compute.
-
When I use an online estimator, the total federal taxes owed is about 5K lower than what Turbotax desktop software is asking me to pay.
Activity Feed for riju81
- Posted Re: Turbotax desktop software is showing higher federal taxes than estimates on Get your taxes done using TurboTax. ‎April 16, 2024 11:58 AM
- Posted Re: Turbotax desktop software is showing higher federal taxes than estimates on Get your taxes done using TurboTax. ‎April 14, 2024 8:46 AM
- Posted Re: Turbotax desktop software is showing higher federal taxes than estimates on Get your taxes done using TurboTax. ‎April 14, 2024 8:39 AM
- Cheered Re: Turbotax desktop software is showing higher federal taxes than estimates for Mike9241. ‎April 14, 2024 8:38 AM
- Posted Re: Turbotax desktop software is showing higher federal taxes than estimates on Get your taxes done using TurboTax. ‎April 13, 2024 8:44 PM
- Cheered Re: Turbotax desktop software is showing higher federal taxes than estimates for KrisD15. ‎April 13, 2024 8:44 PM
- Posted Turbotax desktop software is showing higher federal taxes than estimates on Get your taxes done using TurboTax. ‎April 13, 2024 8:13 PM