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    dfresh2
    New Member

    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?

    posted
    ‎April 15, 2025 10:26 AM
    last updated ‎April 15, 2025 10:26 AM
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    3 Replies
    TurboTaxAniqua
    Moderator
    Moderator

    Capital Gains Miscalculation

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

     

    Thank you for choosing TurboTax.

    ‎April 23, 2025 6:06 AM
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    dfresh2
    New Member

    Capital Gains Miscalculation

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

    ‎April 23, 2025 9:04 AM
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    Anonymous
    Not applicable

    Capital Gains Miscalculation

    @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.

    ‎May 1, 2025 6:46 AM
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    2,229
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