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On my Federal return, I was at +$70 return when I had entered all of my income except Social Security. As soon as I did that, my return zoomed to a minus $3000.
I don't understand how this happened. My SS income was only $26000 for 2016.
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June 3, 2019
5:09 PM
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Retirement tax questions
That is not unusual. There are many reasons that could result in such a situation; and since this is a public forum you do not want to post your personal information.
Each W-2, 1099, etc is initially processed as if it were the only income you had; thus until you enter ALL W-2s, 1099s, etc your input data is incomplete and hence incorrect.
Make sure you entered the information CORRECTLY and did not mis-type any numbers
The 'monitor' is only a guide (marketing hype). It is generally meaningless until you have entered ALL of your information since the calculations are inter-related.
June 3, 2019
5:09 PM