I selected to transfer my taxes up to 45% but entered the wrong amount to be transferred. I was supposed to enter the total amount of taxes taken off but instead entered 45% of it not realizing the program would do the math for me. This left me with a bigger return from the Federal and a bigger "owed" amount for Quebec. (which is fine) but would this error have caused any other errors? Meaning is this line being pulled for something else?
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HI Susan, it was Turbo Tax Online Live Assist & Review. I did review it with an employee including this section but was overlooked and everything looked good. Basically where it says "tax transfer for Quebec residents" you are suppose to add total amount of taxes. I entered 45% of the total. Then the program did 45% of that that amount resulting in less being transferred. So in the end, I will receive more in Federal and pay more to Quebec since less was transferred. What I'm unsure about is did that mess up anything else?