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ashutoshdighe
Returning Member

Turbo tax is not including all necessary amounts in 1040 line 25c

Hi,

 

I am using Turbotax desktop and I fell there is an. error in the way TurboTax (TT) is calculating the total payments

 

Description of the issue is as follows"

Line 22 is the total federal taxes owed.

Line 23 is the Other taxes, which is my case is the additional medicare tax and NIIT

 

Line 25a - Federal tax withheld in W2

Line 25b - 1099 tax with held

Line 25c - Other forms... I fell the issue is here

 

for Line 25c, the taxes are taken from schedule 2

Schedule 2 has data from form 8959 and 8960

 

in 8959, line 24 is not reflected in 1040 line 25c.. only 8959 line 21 is reflected... 

 

Thus, in 1040, line 25d is not a true representation of the taxes paid and does not take into account the additioal medicare taxes paid by me

 

This in essence increases the federal taxes due. this error needs to be fixed,

 

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1 Reply
ashutoshdighe
Returning Member

Turbo tax is not including all necessary amounts in 1040 line 25c

Ok... So... Looks like I figured out the issue.. and things are all correct on the TT side...

 

So.. 1040 Line 25c is from the "Tax Payments" worksheet...

In my case, the 8959 line 21 was very close to the "Tax Payments" worksheet amount and hence the confusion.

 

it might help that TT can update the 1040/1040SR worksheet to direct to the "Tax Payments" worksheet when one double clicks on the form entry.. this will avoid the confusion that I had.

 

 

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