Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 6, 2024 9:42:37 AM

tax calculation difference

Federal tax calculated by software is 6140 but when i am calculating manually it is 6002.46. why is there a difference?

0 1 337
1 Replies
Moderator
Apr 6, 2024 10:53:49 AM

You would have to go through your return and see where the difference might be.

 

If you are using TurboTax CD/Download, you can see your T1 and other forms by going into Forms mode. This TurboTax FAQ shows you how to switch to Forms mode: How do I switch between EasyStep and Forms mode in TurboTax CD/Download?

 

In TurboTax Online you can see a detailed summary of your return in the online edition of TurboTax by following the instructions on this TurboTax FAQ: How can I see a detailed summary of my return in TurboTax Online? You can also see the actual CRA forms that make up your return by saving/printing your return. This TurboTax FAQ tells you how to save/print a copy of your tax return in TurboTax Online: How do I print a copy of my return in TurboTax?