topic IRS notice "We changed the amt of tax on your return because tax rates on Qual Div&Cap Gains because your tax was computed incorrectly." Is there a TurboTax issue? in Get your taxes done using TurboTax

IRS notice "We changed the amt of tax on your return because tax rates on Qual Div&Cap Gains because your tax was computed incorrectly." Is there a TurboTax issue?

margaretmastoris — Thu, 06 Jun 2019 09:17:59 GMT

That usually means they changed your income. Like you le...

VolvoGirl — Thu, 06 Jun 2019 09:18:01 GMT

That usually means they changed your income. Like you left some income off or put down the wrong taxable amount on line 4b for IRA or 401K distrbutions. Do they say you owe more tax?

Thanks for your response. The refund was reduced and che...

margaretmastoris — Thu, 06 Jun 2019 09:18:02 GMT

Thanks for your response.  The refund was reduced and check included cents which I thought was strange.  Usually it's always whole dollars.
I originally thought income was missing but double checked all my entries and nothing is missing.  Also checked calculations.
I am now waiting for the formal mail copy and will have to contact IRS.

you got pennies because IRS is charging you interest and...

fanfare — Thu, 06 Jun 2019 09:18:04 GMT

you got pennies because IRS is charging you interest and penalties.
Get your accuracy claim going.
You need to file it quickly. Intuit makes it difficult to collect.

I overpaid so there is no interest or penalties. I had a...

margaretmastoris — Thu, 06 Jun 2019 09:18:05 GMT