I noticed that Line 41700 on my Canadian federal return is calculating incorrectly. It is supposed to simply be line 131 minus line 134, but the software is giving a different result leading to higher taxes owing for me.
Please help. Is there any way to override the autocalculation or to fix this error?
Thank you!
I am having the same problem. line 131 was around 20K, line 134 is 0. When it subtracts 20K with 0 it gets 22K. My guess is that it is adding something, or 22K was the actual amount of the Federal tax owing and that it is making a mistake with line 40600 (AKA 131). Is there anyone working for TurboTax we can talk to about this clear calculation or display bug in the software. I hate the idea of giving the gov an extra 2K of my money if I do not need to.
Not a great solution, but I ended up just restarting my return from scratch and the problem didn't repeat.
If all else fails, give that a shot!