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1040 Schedule 2, line 10
Hi, (fortunately) my financial status hasn't changed in the last year (W2's, W4's and pretty much everything else all the same). However, upon completing my 2020 tax return with turbotax, i notice that line
23.
Other taxes, including self-employment tax, from Schedule 2, line 10
went from zero (line 15.) to over 20k. - thus forcing me to owe federate tax rather than get a refund like i normally do.
from my naive read of schedule 2, i don't owe AMT, have health insurance through my employer nor have taken any money out of any savings accounts.
can anyone offer a reason why turbotax may have calculated that Schedule 2 is relevant? is there a way i can bring up the schedule 2 calculations in turbotax?
thanks,
March 21, 2021
12:00 PM