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
Level 2
posted Oct 30, 2019 8:27:10 PM

The Turbo Tax Estimator gives a VASTLY different result from the actual tax calculator. How can that be ???

 The estimator suggests I will get $1788 refund, where as the calculator says only $750. How can there be such a vast discrepancy. I am a 19 year old student, and only earned $8682 and only paid tax of $649, and CPP contributions of $350. I just don't get it. Why is this ? 

0 1 598
1 Replies
New Member
Oct 30, 2019 8:27:11 PM

Hello, could be the province you live in re benefits and credits and tax percentage.  sometimes the province you reside needs to be entered and or changed as this often is a common error/omittance.