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Why is the Family Tax Credit not calculating? Am I doing something wrong?
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Why is the Family Tax Credit not calculating? Am I doing something wrong?
In TurboTax Online, in the Detailed Tax Summary, the Federal Tax on Line 406 already includes the reduction based on the Family Tax Cut, if it was applicable. Check Schedule 1A and see if the Family Tax Cut has been calculated, then check the Schedule 1, line 423, to see what the end benefit was. I have tested this and the amount displayed in Line 406 of the Detailed Tax Summary is correct.
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Why is the Family Tax Credit not calculating? Am I doing something wrong?
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Why is the Family Tax Credit not calculating? Am I doing something wrong?
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Why is the Family Tax Credit not calculating? Am I doing something wrong?
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Why is the Family Tax Credit not calculating? Am I doing something wrong?
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Why is the Family Tax Credit not calculating? Am I doing something wrong?
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Why is the Family Tax Credit not calculating? Am I doing something wrong?
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Why is the Family Tax Credit not calculating? Am I doing something wrong?
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Why is the Family Tax Credit not calculating? Am I doing something wrong?
In TurboTax Online, in the Detailed Tax Summary, the Federal Tax on Line 406 already includes the reduction based on the Family Tax Cut, if it was applicable. Check Schedule 1A and see if the Family Tax Cut has been calculated, then check the Schedule 1, line 423, to see what the end benefit was. I have tested this and the amount displayed in Line 406 of the Detailed Tax Summary is correct.
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Why is the Family Tax Credit not calculating? Am I doing something wrong?
Without seeing what is entered and the specifics of your tax return, I can't say what is happening. Check out our Blog post to see if the program is performing as it should, If not, post back here and I will follow up with you.
http://blog.turbotax.ca/family-tax-cut/
Thanks.
- Clint