- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
I thought I was going crazy.... there is a major glitch in the system. We were helping our daughter file and she had earned income of $310 with unemployment around $11,500 and TurboTax was saying she owed over $3,000 in federal taxes and she had already had $120 withheld on the UI for fed taxes. My wife and I file jointly with our marginal rate at 22% so there is no way this calculation is correct. When I tried the above workaround it dropped the taxes down to $2,053 (which in my opinion seems crazy given the pandemic and what UI is for). Anyway, I am now doubting whether this is a correct tax amount given the above. Does this seem right?
BTW, if the amount is correct, thank you for the workaround..... and TurboTax needs to get their act together.