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Level 1
June 3, 2019
Solved

On the other income taxes field turbo tax shows a dollar amount of 9673.00. Where did that amount come from?

  • June 3, 2019
  • 1 reply
  • 1 view
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Best answer by AnthonyC
While it shows under Deductions and Credits, it’s actually just a summary number and not necessarily related to any particular deduction (some of it is not even a deduction - i.e. federal taxes withheld on your federal return).  

It summarizes ALL of the taxes you have paid either directly or through withholdings on Forms such as W2s, 1099s, etc for both your federal and state returns.  For example, that number would include both of your Federal and state withholdings from your W2s.  It can also include local taxes, refunds applied to this year's taxes from a prior year, balances due from prior years that were paid in this year, and payments made with any extension you might file.

1 reply

AnthonyCAnswer
Level 12
June 3, 2019
While it shows under Deductions and Credits, it’s actually just a summary number and not necessarily related to any particular deduction (some of it is not even a deduction - i.e. federal taxes withheld on your federal return).  

It summarizes ALL of the taxes you have paid either directly or through withholdings on Forms such as W2s, 1099s, etc for both your federal and state returns.  For example, that number would include both of your Federal and state withholdings from your W2s.  It can also include local taxes, refunds applied to this year's taxes from a prior year, balances due from prior years that were paid in this year, and payments made with any extension you might file.