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Online TurbotTax 2021 is showing wrong tax information, more owed than actual
Short TLDR: TurboTax is showing a significantly larger amount in my owed taxes.
So I started my taxes in TurboTax like I always do, but was really concerned after only imputting my W2 and TT showed I owed money. Ok, I can accept that, but out of curiousity, I went and pulled 1040 and manually figured out my AGI, Taxes and Refund using solely my W2. This is a dramatic difference. Manual figures of just W2 show a refund of roughly 1k, and turbo tax with only the same information shows I owe money.
I think there's bug in your system or you're using the incorrect tax tables. anyone else started thier taxes and think something is off?
‎January 23, 2022
11:01 AM