Tax Calculation Totals Pane

Reviewing Totals

The table displays the taxes due (or credits) summary for the return. Discrepancies will be shown in red text to indicate an opportunity to correct errors before filing.

Tax Calculation Elements Label Description
System/Taxpayer Calculated	Column The column displays whether the row represents data entered by the taxpayer (or a Representative based on a tax form), or expectations based on calculations by the system.
Base Tax / Credit ($)	Column (money) Displays the base tax (pre-interest or penalties) or credit for this return.
Interest ($)	Column (money) Displays the total interest due for late payments.
Total Tax / Credit ($)	Column (money) Displays the adjusted total tax or credit for this return.
Penalty ($)	Column (money) Displays additional penalties that may be due.

Tax Calculation Elements

Label Description

System/Taxpayer Calculated

Column

The column displays whether the row represents data entered by the taxpayer (or a Representative based on a tax form), or expectations based on calculations by the system.

Base Tax /

Credit ($)

Column (money)

Displays the base tax (pre-interest or penalties) or credit for this return.

Interest ($)

Column (money)

Displays the total interest due for late payments.

Total Tax /

Credit ($)

Column (money)

Displays the adjusted total tax or credit for this return.

Penalty ($)

Column (money)

Displays additional penalties that may be due.