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Get your taxes done using TurboTax
These are actually the exact steps I followed. What's happening is that my tax rate is a negative value, -2.42%, and when I enter the negative (-) number in the Other Reportable Income section Turbotax is multiplying a negative number with a negative number (tax rate), and spitting out a positive value, which decreases my refund by a substantial amount.
I'm not sure why my initial tax rate is negative, but it is negative without adding the IHSS W2 at all.
In this case, what should I do?
‎April 13, 2021
12:09 PM