I am a retiree and TurnoTax estimates that I will owe $469,627 in Federal Taxes!!!! Something is very wrong

[SusanY1]

I am going to have to agree with you!  It sounds to me like there is most likely a decimal missing somewhere in an entry. Dollars and cents entries sometimes get typed in and read by the computer as all dollars.  

The TurboTax summary screens can help find the source.  My best guess is that it is likely somewhere in the Income section.

Try this to see if you can find the source of the entry causing this error:

1. Login to TurboTax.com.
2. Click on Wages & Income Pick up Where you Left Off (it May Read Review/Edit).
3. On the screen "Your Income and expenses," look for any entry that seems out of line or unusually large and edit the entry or entries.

If this doesn't uncover the source of the issue, come back and let us know so we can continue to troubleshoot.