JamesG1
Expert Alumni

Get your taxes done using TurboTax

We are not able to see your tax return.

 

You should review your tax return to see what is reported on the tax return and see whether what is reported agrees with your understanding of what would be reported.  

 

In TurboTax Online, you may print or view your full tax returns prior to filing after you have paid for the software.

 

  • View the entries down the left side of the screen at Tax Tools.
  • Select Print Center.
  • Select Print, save or preview this year's return.

In TurboTax Desktop, select FORMS in the upper right hand corner of the screen.

 

Even though I cannot see the tax return, my first suspect would be the pension distribution.  If you are not yet 59 1/2 years old, a 10% penalty for early withdrawal may be assessed on the income tax return.

 

Perhaps there is an exception to the penalty that simply needs to be entered in the software.  See this TurboTax Help.

 

My second suspect would be the self-employment taxes that the self-employment income would generate.  Self-employment taxes are reported on IRS form SE and are calculated in addition to income tax.

 

@DawnMMc 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"