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February 28, 2024
Question

My tax rate and resulting tax amount does not match the tax table in the 1040 instructions. How can I see how turbo tax determined the tax rate?

  • February 28, 2024
  • 1 reply
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1 reply

February 29, 2024

Yes, if your tax on line 16 doesn't match the tax tables, you should look for a smart worksheet for that line. This will indicate whether an alternative calculation was used. 

The image below shows the smart worksheet for a return where the Qualified Dividends and Capital Gain Tax Worksheet was used to calculate the tax. 

You can preview this in TurboTax Online:

 

  1. Open your return.
  2. Select Tax Tools from the left-side menu, then Tools.
  3. Select View Tax Summary in the pop up box.
  4. Select Preview my 1040 from the left-side menu.
  5. You will see the Form 1040 with Schedules 1, 2 and 3.
  6. When you are done, select Back from the left-side menu. 



If you are using TurboTax Desktop:

 

  1. Select the Forms icon toward the upper right corner.
  2. Highlight Form 1040 in the list on the left. 
  3. Find line 16. 
  4. Select Step-by-Step to return to the interview. 

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