Turbotax is telling me I need to submit one, but I only made $28,000. I double checked all my numbers and then I downloaded a copy of the form and worked it out. After doing all that, my Medicare owed still came to the same value that I paid. I have two ideas for why it is saying it. The first is that I have a number in box 14. It is for $10.54 and is labeled as OBBBTT which I'm told means federal overtime compensation. The other is that my main source of income is a stipend as a university student and for that the vast majority of my wages are exempt from Medicare. The reason that I don't think option 2 is having an impact is because it is my fourth year having Medicare exempt income from working at my university and I've never had to do anything beyond a simple return before. Box 14 having a number in it is the only difference.
If you have any insights that would be appreciated since I don't have enough income to justify paying 49 additional dollars to have Turbotax do the form if I don't actually owe any additional money. Thank you!
