Here is what I see: when I go to the ‘federal taxes’ tab and look at the ‘wages & income’ section, I have entries for wages and salaries, interest on 1099-int, dividends on 1099-div, stocks, ira, 401k, pension plan withdrawal (1099-r)., schedule k-1., and hsa.
Ok, so the problem I am seeing is that when I add all of those up, the number is less than what turbo tax shows when I go to the ‘federal review’ tab. In the ‘federal review’ tab there is a summary of income, deductions, taxable income, and credits. There is a link that say ‘detailed tax breakdown’. When I click that link it beaks out income in 3 categories: wages, interest and dividends, and other. The wages and interest and dividends numbers are correct. The “other” total is higher than what is on the wages and income tab. There is no way to break down the “other” section. So, I don’t know why it is calculating something higher than what has been entered.
