I owed the irs $500 for a small business I run on the side. No a huge deal; $500.
then it came time for me put my texas teacher retirement system 1099 R form in the turbo tax program and I did and now i owe $5500. what gives?? It spit out to me that I don't pay any taxes on it, then I hit continue and it goes to owing $5500. It already took taxes out, but says I owe more. This is the first time this has happened to me.
Volleygal63
