turbotax icon
turbotax icon
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Yes No
useratl
New Member

form 8959 for income below $50K

If I am correctly understanding, form 8959 is for incomes over $200K. Why would one be filed for someone making below $50K? Was this an error? Any insight will be greatly appreciated!

posted
‎April 15, 2025 1:07 PM
last updated ‎April 15, 2025 1:07 PM
0
1
312
Reply
Bookmark Icon
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MayaD
Employee Tax Expert
Employee Tax Expert

form 8959 for income below $50K

Check your entry for box 5 on your W-2. Check for any typos and commas. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 16, 2025 9:40 AM
0
251
Reply
Bookmark Icon

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Featured forums
Taxes
Lower Debt
Investing
Self-Employed
All topics

Unlock tailored help options in your account.

Live Assisted: Get answers to all your tax questions! Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Live Assisted. Explore your options!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

texasbevo2
kvaden
PomonaMom
Rich Underkofler
user17702339422