Skip to main content
June 11, 2021
Question

Turbo Tax did not correctly figure tax due

  • June 11, 2021
  • 1 reply
  • 0 views
Turbo Tax Due is not correct I calculated a higher amount due Please help

1 reply

VolvoGirl
Employee
June 11, 2021

Which line?  Line 16 for the tax or line 37 tax due?   Then there must be other lines you don't agree with.  Check all the lines.

 

Before filing you can preview the 1040 or print the whole return. You have to pay any fees first before you can see all the forms, etc.
https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-filing/00/26160

 

For the Tax on line 16.......

It depends what kind of income you have. Even though the full amount shows up in the total income on the 1040 line 7, if you have capital gains or qualified dividends the tax is not taken from the tax table but is calculated separately from Schedule D. The tax will be calculated on the Qualified Dividends and Capital Gain Tax Worksheet. It does not get filed with your return. In the online version you need to save your return as a pdf file and include all the worksheets to see it.