3602392
You'll need to sign in or create an account to connect with an expert.
thank you volvogirl for tax calc , line 16 info. The secret tax calculation not mentioned in the 1040 instructions .
Question about Social Security mis calculation is still open. The info from IRS didn't mention any other info being changed. And, like I said, my use of the taxable SS worksheet gave a different , higher amount than TT. Using the same filed income, 1099-r amounts.
The notice from the IRS stated that your IRA was non-deductible. TurboTax has it entered as a deductible contribution, yes? Removing that deduction would increase your income and cause more of your social security to be taxable.
the letter from IRS said that there was a miscalculation in taxable SS, nothing about deductible IRA. TT had IRA as non-deductible, and excess.
When entering your SSA-1099, did you accidentally click YES on the question below? If you answered Yes, your social security income would have been underreported.
I don't think that I claimed to live in another country. It isn't that SS wasn't taxed, TT figured an amount to tax, but not the correct amount. I calculated it myself, as I mentioned in post above, using the IRS worksheet and the same numbers on 1040 that TT had entered for other income, and got a higher amount.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
kristinacyr
New Member
user17523314011
Returning Member
johntheretiree
Level 2
rpaige13
New Member
user17524233574
Level 1
in [Event] Ask the Experts: Investments: Stocks, Crypto, & More