Why did the turbotax form 8959 add the tax owed to my withholdings? The IRS is now saying I owe that tax plus penalties
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Why did the turbotax form 8959 add the tax owed to my withholdings? The IRS is now saying I owe that tax plus penalties

 
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Level 15

Why did the turbotax form 8959 add the tax owed to my withholdings? The IRS is now saying I owe that tax plus penalties

It would only do that if your medicare tax on all W-2's was more than the maximum and you got a credit for the excess.   If you are filing Married Jointly, did both spouses has W-2 income?    You might have entered both W-2's for the same spouse by mistake  and the medicare tax was added together.      
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
Level 15

Why did the turbotax form 8959 add the tax owed to my withholdings? The IRS is now saying I owe that tax plus penalties

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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