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Does anyone else have a completely bogus tax amount being calculated for 2024 federal income tax?
The amount TurboTax is calculating for 1040 line 16 is almost twice as much as it should be. I have gone through the IRS instructions for 1040, 2024 Tax Computation Worksheet—Line 16 and TurboTax reports a number that is off by almost $10,000. This needs to get sorted out!
‎February 5, 2025
10:31 AM