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TT miscalculating tax due of $9349 on a taxable income of just $2139. Help!
Preparing tax return for my teen aged daughter. TT is calculating a tax due of $9349 on taxable income of just $2139. How can that be? Have gone over all inputs multiple times for accuracy. Can't figure out what is going so wrong??
Total income: $6537
Deductions: -$4398
Taxes: $9355
Just prepared sim return for my son and everything was fine and rational with a tax due of $0 on sim income.
Total income: $6537
Deductions: -$4398
Taxes: $9355
Just prepared sim return for my son and everything was fine and rational with a tax due of $0 on sim income.
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‎April 10, 2024
2:38 PM