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Deductions & credits
I understand your reply, but again, it does not really answer the question. My tips are already included in Boxes 1, 3, and 5 on my W-2, and I have been taxed on those tips for the entire year. Blocks 7, 8, and 14 are empty.
When I try your recommended approach, and add in the amount of the tips based on end of year pay stub, I am effectively adding new income to be taxed, and my return reflects just that.
The Overtime provision works well, but the tips income needs to be addressed.
I know that the online version has been modified to account for the no tax on tips provision, but the desktop version has not.
Is TurboTax issuing a new update for desktop users?
9 hours ago