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balto1
New Member

We got a letter from the irs saying that we owe taxes. It looks like it stems from what was reported on SCH 5 line 66 ($844.88 - their calculation vs $1578 - ours)

 
2 Replies
VolvoGirl
Level 15

We got a letter from the irs saying that we owe taxes. It looks like it stems from what was reported on SCH 5 line 66 ($844.88 - their calculation vs $1578 - ours)

Line 66 is estimated payments.  Do you have proof like bank statements you made the quarterly estimated payments?  Where did you get $1,578?
SweetieJean
Level 15

We got a letter from the irs saying that we owe taxes. It looks like it stems from what was reported on SCH 5 line 66 ($844.88 - their calculation vs $1578 - ours)

You are asking from TT Live, for which you are paying extra. Please contact your Live rep.

https://ttlc.intuit.com/questions/4124827-how-do-i-connect-with-a-tax-expert-in-turbotax-live

Live help is available M-F during normal business hours after tax season.


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