rosemarie
Level 2
12-06-2019
11:04 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I changed the interest income on a return by $8 and the increase in federal tax was $11, which doesn't sound right. I manually calculated with the 2018 Tax Rate Schedules and there was a discrepancy. The increase was only $2, not $11.
Taxable income $53,199 $53,207 increase $8
Tax calculated per Tax Rate Schedule $7,643 $7,645 tax increase $2
Tax calculated per Intuit ProConnect Tax Online $7,638 $7,649 tax increase $11
Solved! Go to Solution.
Labels