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Get your taxes done using TurboTax
No, I am actually trying to pay it all this year. So, the only taxable amount on Line 5B should be the $22,723 less the $15,000. If I check the 3 years, I owe nothing this year. But since I am trying to pay all the tax this year, it is making the taxable income $13,331 not the difference of the 2 numbers which is $7,723. That isn't correct, I don't think.
March 1, 2021
10:41 AM