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Why is federal tax withheld on 1099-R forms in TT different than in Form 1040?
I posted the following as part of a longer question:
IRS says "Payments you made" is slightly less than "Taxes you owe"; amount due.
… but I think the question here is granular enough to ask on it's own.
Status: Married, filed jointly. Form generated by TurboTax: 1040-SR.
The total of federal tax withheld from 1099-R forms, as shown in TurboTax ("My Tax Data"), is about $1,000 greater than the amount in Form 1040 Payments, Form(s) 1099, line 25b.
Is that to be expected?
4 weeks ago