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Old 02-03-2009, 02:02 PM
Drew Edmundson
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Default Re: Taxcut 2008 Tax Table Errors?

On Mon, 2 Feb 2009 20:57:14 EST, godwheel[at]gmail.com wrote:

- quote -

> On line 44 of my 1040 in Taxcut 2008 Federal Premium, the program is
> saying I should pay $9,782 in taxes. However, when I look at the IRS
> 2008 1040 Instructions tax table, it says I should be paying $9,794
> (taxable income is $68,401). I know the difference is small, but I
> don't want the issue to delay the timing of my refund.
> For reference:
> IRS Tax Table: http://www.irs.gov/pub/irs-pdf/i1040.pdf (page 76)
> They have these special cases:
> http://www.taxcut.com/customer_suppo...id=85&aid=2393
> However, we do not fall under these cases.
> Any help would be appreciated!


Any qualifying dividends or capital gains?

--
Drew Edmundson, CPA
Cary, NC

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
 
Old 02-03-2009, 05:36 AM
Phil Marti
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Default Re: Taxcut 2008 Tax Table Errors?

<godwheel[at]gmail.com> wrote:

- quote -

> On line 44 of my 1040 in Taxcut 2008 Federal Premium, the program is
> saying I should pay $9,782 in taxes. However, when I look at the IRS
> 2008 1040 Instructions tax table, it says I should be paying $9,794
> (taxable income is $68,401). I know the difference is small, but I
> don't want the issue to delay the timing of my refund.


Right click on line 44. If the program is using a worksheet to calculate
tax that should link you to it. If it's straight Tax Table, it's wrong.
--
Phil Marti
Clarksburg, MD

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
  #-1  
Old 02-03-2009, 12:57 AM
godwheel@gmail.com
Guest
 
Posts: n/a
Default Taxcut 2008 Tax Table Errors?

On line 44 of my 1040 in Taxcut 2008 Federal Premium, the program is
saying I should pay $9,782 in taxes. However, when I look at the IRS
2008 1040 Instructions tax table, it says I should be paying $9,794
(taxable income is $68,401). I know the difference is small, but I
don't want the issue to delay the timing of my refund.

For reference:
IRS Tax Table: http://www.irs.gov/pub/irs-pdf/i1040.pdf (page 76)

They have these special cases:
http://www.taxcut.com/customer_suppo...id=85&aid=2393

However, we do not fall under these cases.

Any help would be appreciated!

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
 

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2008, errors, table, tax, taxcut
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