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 15, 2025 10:26:51 AM

Capital Gains Miscalculation

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?

0 3 865
3 Replies
Moderator
Apr 23, 2025 6:06:33 AM

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

 

Thank you for choosing TurboTax.

New Member
Apr 23, 2025 9:04:22 AM

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

Moderator
May 1, 2025 6:46:11 AM

@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.