Solved
I mistakenly put my pension benefit into a W2 form in turbo tax, system said $2000 federal refund. I moved it to 1099 box and now I owe 4000! What gives
Expert Reviewed
I would guess you may have gotten a credit, such as the Earned Income Credit, when the income was reported as earned income on Form W-2 and lost the credit when the income was properly changed to retirement income.
Please look over your Form 1040 to see if there are credits that changed,
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