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Get your taxes done using TurboTax
Dear AmyC,
Per your suggestion, I looked at the tax data for the ES & W-4 worksheet. There is very little to learn here. The only data they track is the User Entered data. No record of where the current year's data comes from, much less how it is calculated.
Also there are a couple of items that are listed here as user Entered when actually the data is from the Current Year taxes and not User Entered at all. Those would be Cinccy-1 and Cexpcy-1 [schedule C income current year and schedule C expenses current year]. Fortunately, the data on the actual form DOES show up as black (app provided) and not the blue of User Provided.
All in all, the ES & W4 worksheet is a mysterious page of current year numbers with linking to or documentation of where some of them come from. I understand Greg's puzzlement; this issue is not trivial.
Linda John