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W-2 Entry and Refund Amount
When only one W-2 is entered (either my wife's OR mine), TurboTax estimates a refund of about $1000 (but slightly different values for each). However, when both are entered at the same time, it estimates over $9000 due. How is this possible??
I entered my W-2 and TurboTax was estimating a refund of around $1000. I entered my wife's W-2 and it changed to us owing over $9000. I double checked that I entered everything correctly. I also removed my W-2, leaving only hers and it again showed a refund of around $1000 (but not the exact same amount). If the data from each individual W-2 shows a refund, how can they combine to have a tax due?
‎February 18, 2022
8:38 AM