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Deductions & credits
Yes...there is at least one review page that shows every scrap of "potential" income you entered into the software...might even be a couple hundred-thousand of 401k-to-IRA rollover $$ that doesn't get taxed.
That doesn't mean that it's all getting taxed. You have to look at your form 1040 itself to see both AGI and taxable income to see what's getting taxed.
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Like this one is inflated over what is actually getting taxed
...Total $$ entered in some form or another does not mean that all the $$ are being taxed.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
March 21, 2023
2:32 PM