Susan from Turbo Tax has commented that values in the Canadian version of Turbo Tax are correct for Tax Planner mode 2024, these values are not correct even after reload?

I have uninstalled and reinstalled Turbo Tax and the values are still incorrect, I have used this planner mode for several years with success, please resolve this issue?

1050

Moderator

Mar 13, 2024 3:58:03 PM

What specific values are incorrect?

Level 1

Mar 13, 2024 4:35:34 PM

The values that are incorrect are the new thresholds for OAS clawback as well as as the new inflation adjusted values for tax brackets, as well as as all inflation adjusted tax credit amounts federally and provincially, you can not do tax planning for 2024 without theses values, please update the values as has been done in all previous tax years.

Moderator

Mar 14, 2024 5:51:22 PM

I have passed this issue on to our product development team. I'll post any updates as soon as I get them.

New Member

May 5, 2024 3:26:24 AM

In addition, the federal and provincial TAX brackets are the same with or without Planner Mode turned on. Form T1 General and NB428. I'm using TurboTax version 00.01.81 Build 8002 068G26.

Moderator

May 10, 2024 6:16:55 AM

Can you please update your software?

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Susan from Turbo Tax has commented that values in the Canadian version of Turbo Tax are correct for Tax Planner mode 2024, these values are not correct even after reload?