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Retirement tax questions
Thanks for the break down,
I followed your instructions and it still only shows roughly a $1000 decrease in my FED taxes.
I have not entered withholds or estimates, I normally just pay a lump sum at the end of the year.
I think im gonna have to use the "live expert" thing, I just dont understand what i've done wrong.
My thinking is correct right? If I owe $13,000 after my 19,500 employer contribution, I should be able to add that $13,000 to my employer contribution and significantly reduce/eliminate my federal taxes( this is still under my max).
I even deleted the 1099-R incase that was causing some issues and it's still the same.
March 22, 2022
8:43 AM