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Get your taxes done using TurboTax
OK, I'm beating a Dead Horse. But can anybody explain where the nineteen hundred seventy nine dollars came from on line8 of the 1040 form? I am figuring It has to do with the q and t forms and me entering ten thousand dollars in the interview and it treating part of the 529 distriibution as taxable so i could get the LLC. Does it sound correct?
I was looking through The forms Turbo tax printed.... Thinking it would explain how it came up with that amount But I simply see nothing.
The $1979 appears on form 5329 in section part 2 item 5 and 6. How is this calculated and off of what.... i'm assuming that it's something to do with the q and t forms...
....thoughts
I just want to be sure i'm safe before I submit this.
March 2, 2024
8:03 PM