Tax on Taxable Income differs between TurboTax and FreeTaxUSA
Thread created 04-10-2023 by sakdeals
+1 Score
4 Replies
1,586 Views
that was my first guess.
Tax on Taxable Income differs between TurboTax and FreeTaxUSA
Thread created 04-10-2023 by sakdeals
+1 Score
4 Replies
1,586 Views
Finally figured it out..
It was due to Dividend entry i missed entering under Qualified dividend value.
When seeing the dividend worksheet, the dividend amount was less than which i updated and...
Tax on Taxable Income differs between TurboTax and FreeTaxUSA
Thread created 04-10-2023 by sakdeals
+1 Score
4 Replies
1,586 Views
yes print out the whole the whole return as pdf then use beyond compare free 30 day trial.
https://www.scootersoftware.com/download.php
to see where the difference is if you cannot see it...
Tax on Taxable Income differs between TurboTax and FreeTaxUSA
Thread created 04-10-2023 by sakdeals
+1 Score
4 Replies
1,586 Views
it's possible due to the type of income you've entered. something is getting taxed differently at a different rate due to a data input. another alternative is you're getting a credit or deduction for...
Tax on Taxable Income differs between TurboTax and FreeTaxUSA
Thread created 04-10-2023 by sakdeals
+1 Score
4 Replies
1,586 Views
I always use both Turbotax and FreeTaxUSA to compare the calculations between them before i Submit. I had never seen this issue in past.
For 2022, Both Turbotax and FreeTaxUSA says
Taxable...