Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Tax Computation in Proseries

taxes
Level 3

Is anyone else finding that Proseries is calculating regular tax $3.00 more than what it actually should be? I normally would never notice $3, but happened to have a very simple return that made it pop out at me. Then I looked at a few other returns and found the calc to be off by $3 exactly on each one.

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Best Answer

Accepted Solutions
taxes
Level 3

That made me take a second look. It's actually just the lower income taxpayer because of the Tax Table calc vs.  using brackets.

Thanks.

View solution in original post

0 Cheers
3 Comments 3
qbteachmt
Level 15

What about...1040 checkoff: Do you want $3 to go to the Presidential Election Campaign? Make sure the program isn't adding this to the tax due or deducting from the refund.

*******************************
Don't yell at us; we're volunteers
0 Cheers
taxes
Level 3

That made me take a second look. It's actually just the lower income taxpayer because of the Tax Table calc vs.  using brackets.

Thanks.

0 Cheers
qbteachmt
Level 15

It's the only $3 item I could think of. Glad it helped you keep looking.

*******************************
Don't yell at us; we're volunteers
0 Cheers