topic The $88,884 of tax you're supposed to pay is adding $87,250 of total taxes before credits and $1,634 of other taxes you have to pay. How is $1634 calculated? in Get your taxes done using TurboTax

The $88,884 of tax you're supposed to pay is adding $87,250 of total taxes before credits and $1,634 of other taxes you have to pay. How is $1634 calculated?

pratap_reddy_200 — Mon, 06 Apr 2020 06:44:19 GMT

Re: The $88,884 of tax you're supposed to pay is adding $87,250 of total taxes before credits and...

AnnetteB6 — Mon, 06 Apr 2020 12:52:46 GMT

To know for certain what Other Taxes are being included, you need to take a look at Form 1040 Schedule 2 lines 4 through 9. There are several different taxes that could apply and be included as Other Taxes.

Some examples include:

Self-employment tax from Schedule SE
Unreported Social Security and Medicare tax
Additional tax on IRAs, other qualified retirement plans, and other tax-favored accounts
Household employment taxes from Schedule H
Additional Medicare tax
Net Investment Income tax

@pratap_reddy_200

Re: The $88,884 of tax you're supposed to pay is adding $87,250 of total taxes before credits and...

pratap_reddy_200 — Mon, 06 Apr 2020 21:22:41 GMT

Thanks for response. I do not have any such unreported income and not sure from where turbotax has arrived at that number. Is there any way to reach Turbo tax tax consultants on specifics or should I just rely only on community?

Re: The $88,884 of tax you're supposed to pay is adding $87,250 of total taxes before credits and...

ReginaM — Mon, 06 Apr 2020 21:35:55 GMT

I am sorry, we here on the Community Board do not have access to your TurboTax account to figure out exactly what is going on for you though we are happy to help you.

The best and most efficient way for you to connect with the right person to get the help you need is to select the version you are using below.

We're open daily from 5 AM to 9 PM PT.

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