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Retirement tax questions
I have the Premier version downloaded. It continues to show the amount in box 1 as my income even though It should only be the interest in box 2A Taxable income. Example Box 1 $100,000 Box 2A Taxable income $5,000 Box 5 Employee contribution $95,000. In this case it shows that $100,000 was income but i am only getting taxed on the $5,000. but the income bracket is way higher so I am paying higher tax bracket.
March 3, 2025
1:44 PM