Income tax due not calculating after adding additional income.

[jstevent]

Client provided late 1099-B and 1099-DIV.  Opened tax file and added the new capital gains and profits from forms.  ProSeries adjusted the income to show the new correct taxable income.  The Tax Table value for old taxable amount was $3744 (taxable income of 34,355). The new taxable amount is $43,616 - tax table shows $4854 taxes due.  ProSeries does not adjust this amount.  Client info (Soc Sec, Birthday, etc is correct).

What am I missing to get the correct tax due to show?

John

[AshleyatIntuit]

Removing client file for security purposes

[AshleyatIntuit]

Also try f9/f10 to recalculate the return

[abctax55]

Thanks Ashley

[jstevent]

thanks for removing file.  f9/f10 didn't change anything.  

[jstevent]

I did not check the Qualified Div worksheet.  They were qualified and did not get taxed.

[jstevent]

thanks to all for help.  I was getting frustrated.

[abctax55]

YVW...it happens to us all.

[abctax55 · Accepted solution]

1) IF that file contains confidential info, you need to remove it immediately

2) 1099-B indicates capital gains, and dividends might be qualified dividends.  DID you consider that in determining the correct tax amount?