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Question

Where do I find calculations for IA 1040 Schedule 1 interest info for Turbotax desktop?

Forum|Forum|2 years ago
March 24, 2024
1 reply
0 views

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TurboTax Online

Employee

Where the calculations come from can be obtained by a right click on the box and select data source. Sometimes, there is an additional line with more details.

When you click in a box, normal left click, and see a magnifying glass, select it to take you to where that number came from.

To do this:

Select Forms mode
Select the form desired from the left side
Locate the box of interest
Right click

For example:

See also IA 1040 Schedule 1 | Iowa Department Of Revenue

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Why does TurboTax show $1 on my Iowa Schedule line 1A? Is it a rounding thing? The amount reported on Federal 1040 line 2b was rounded down by $0.22 from the total shown on Federal Schedule B.

Employee

All figures on your tax return should be rounded numbers. This is a requirement and the program does it for you.

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