Skip to main content
TurboTax
Community
TurboTax
TurboTax
C
crmccarty
Level 2
March 20, 2022
Question

Missed error

  • March 20, 2022
  • 1 reply
  • 0 views

There was an error on my 1040-SR. I exceeded the limit on adjusted gross income and increased my tax liability

This wasn't flagged using the home & business program. What happened? All other errors were flagged and corrected. 

1 reply

AliciaP1
AliciaP1
Level 13
March 20, 2022

Can you clarify what the error was and how you determined there was an error?

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    C
    crmccartyAuthor
    Level 2
    March 20, 2022

    Line 11 adjusted gross income on the 1040-SR was $150,701. Maximum allowed is $150,000.

    This issue was one of five reasons listed that  could cause the IRS to recalculate my return in the letter I received

    DoninGA
    Level 15
    DoninGALevel 15
    Level 15
    March 20, 2022
    @crmccarty wrote:

    Line 11 adjusted gross income on the 1040-SR was $150,701. Maximum allowed is $150,000.

    This issue was one of five reasons listed that  could cause the IRS to recalculate my return in the letter I received

    On IRS Forms 1040 or 1040-SR there is no maximum amount for Adjusted Gross Income.

    What credit are you referring to which would limit the AGI to $150,000?

     

    TurboTax flag icon

    Unlock tailored help options in your account

    Create an account
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Explore your options
    Terms & ConditionsAccessibility statement
    Sitemap
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2026 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, Credit Karma, and Mailchimp are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    About Cookies Manage cookies

    TRUSTe nResult Certified e-File C-Level Security Certification
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    © 2026 Intuit Canada ULC or its affiliated companies. All rights reserved. Intuit, QuickBooks, QB, TurboTax and ProFile are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

    Copyright © Intuit Canada ULC, 2026. All rights reserved.

    About Cookies Manage cookies Privacy setting

    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    © 2026, Entreprises Intuit Canada ULC ou ses sociétés affiliées. Tous droits réservés. Intuit, QuickBooks, QB, TurboImpôt et ProFile sont des marques déposées d’Intuit Inc. Les modalités, prix, fonctions et options de service et de soutien peuvent changer sans préavis.

    © 2026, Entreprises Intuit Canada ULC. Tous droits réservés.

    À propos des témoins Gérer les témoins Privacy setting