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Deductions & credits
Updated information. I believe in "baby steps". So I copied my federal tax return file and started from the beginning, by just entering my only W-2. I have income, employer paid life insurance, 401K contribution, HSA contribution and employer paid healthcare cost. Basically entered whatever appeared on my W-2.
When I entered the W-2, the "income" under the federal review appears $3480.00 less. Then when I entered the HSA worksheet, my "income" drops by the entered HSA.
When my Excel spreadsheet is manually adjusted by the Turbo Tax, everything matches.
Any guidance.
March 14, 2021
9:11 AM