turbotax doesn't seem to be making the deductions from my gross income when calculating my taxes owed - even though I have the deductions entered into turbotax in box 12. When I use the IRS W4 calculator without my 401k deductions, the amount owned matches what turbotax says is owed. I compared the W4 calculator line by line with what was entered into turbotax - the IRS W4 number also matches almost exactly when I just multiply out the tax brackets to my income. This seems like too simple of a calculation for me to have made a mistake.
Update - this is definitely the case - i changed box 12d to 0 and my tax owed didn't change... What is going on?
