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Extreme Investment taxes after adding 1099-DIV
Hi,
I have a 1099-div from Ameriprise that imported as shown below. I know owe a lot this year due to several factors. But should this cost me so much? Am I or TT doing something wrong?
Thanks in Advance.
Tim
| Capital Gains | $729.00 | ||
| Exempt | $0.00 | ||
| Ord. Divs | $846.79 | ||
| Fed | MN | Total | |
| With DIV | $2,717 | $979 | $3,696 |
| Without DIV | $2,265 | $786 | $3,051 |
| Difference | $452 | $193 | $645 |
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March 29, 2021
9:15 AM