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Retirement tax questions
I think that response is incorrect. I believe it makes a big difference on the tax liability because turbo tax considered it as income. I compared turbo tax against HR block(I used to use HR block), the difference on the owe amount(federal) as soon as I imported my w2 without other income and deductions. In TurboTax, I owe 18+k, in HR block, I owe 5-6k which is more like the number based on the income/bracket calculations from nerbwallet.
March 17, 2025
12:04 AM