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Deductions & credits
If you enter $10 income and $12 tax, the program knows that does not make sense. Somehow, the numbers you are entering are not enough income for the tax you paid. The program is telling you that for that tax, this much income should be reported. You may need to check your tax entries, it could be the income is right and the tax entered is wrong. You need to verify both the income and the tax and they should be reasonable when compared. You may need to contact the broker to help explain the statement. Some of them can be quite confusing.
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March 12, 2024
4:46 PM