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New Member
posted Mar 6, 2023 6:06:40 AM

Net Federal Tax is not calculating properly

Net federal tax should be payable tax minus non refundable tax credit. but my net federal tax is not deducting non refundable tax credit.

0 4 1266
4 Replies
New Member
Apr 3, 2023 3:21:40 PM

Did you find out if this is a software problem, seems i'm having the same issue. My net federal is the same as the federal tax even I having non-refundable tax credits.

Moderator
Apr 7, 2023 4:30:18 PM

Please contact our phone support team at 1-888-829-8608 as they will be better able to assist you.

New Member
Apr 17, 2024 7:42:25 AM

I also had a problem with the calculation of the net federal tax.   The CRA reassessed me and showed my Fed tax owing was $222.27 more than what Turbo Tax calculated.    My total income, deductions and net income all matched, yet the calculation for federal tax was different.   Luckily I signed into my CRA account to check for mail, otherwise I could have been late with my remittance.

Intuit Alumni
Apr 17, 2024 9:09:02 AM

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