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February 19, 2020
Question

Suspect Turbo tax incorrectly calculated my tax due

  • February 19, 2020
  • 1 reply
  • 0 views

Taxable income  264894

married filing jointly

total deductions 27309

Turbo says 51749 owed

Estimated taxes via Turbo tax caster says 45367

"Nerd Wallet" says 45367

 

How do I resolve?

    1 reply

    February 19, 2020

    Taxable income on your tax return is the amount after deductions. Adjusted gross income AGI is the amount before deductions. From your post it appears that TurboTax is correct.