topic Capital Gains Miscalculation in Troubleshooting

Capital Gains Miscalculation

dfresh2 — Tue, 15 Apr 2025 17:26:51 GMT

Turbotax is calculating capital gains tax for Alberta at increasing rates over 24% when gains are over 500k. Rates get to 29% at 1 mil and over?? Max marginal rate is 24%?! Anybody else found this?

Re: Capital Gains Miscalculation

TurboTaxAniqua — Wed, 23 Apr 2025 13:06:33 GMT

This issue has been resolved. Please try again after updating the software.

Thank you for choosing TurboTax.

Re: Capital Gains Miscalculation

dfresh2 — Wed, 23 Apr 2025 16:04:22 GMT

I am using online version. How do I update software?

Re: Capital Gains Miscalculation

Anonymous — Thu, 01 May 2025 13:46:11 GMT

@dfresh2 TurboTax Online is automatically updated.

Are you still experiencing an error? If yes, can you please give us more details?

Thank you for choosing TurboTax.