TT calculated that I owe $4033 in Taxes.
According to the IRS I owe $4501.00 a difference of $468.00
They have these statement listed in the Account Transcript:
TP TAX FIGURES (REDUCED BY IRAF) PER COMPUTER:.......................$4,033.00
IMF TOTAL TAX (REDUCED BY IRAF) PER COMPUTER:........................$4,501.00
They also have this statement:
TAX ON INCOME LESS SOC SEC INCOME PER COMPUTER:........................$533.00
Why the discrepancy between what TT calculated and what IRS calculated? Where else on the transcript can I look for an explanation?
