I paid federal taxes of $29,804 ($7,304 SS; $22,500 Retirement). However, TurboTax is only showing $22,243 Federal Taxes Paid. I do not understand this.
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Are you saying that the $7,304 and the $22,500 are withholding amounts on form SSA-1099(s) and whatever 1099-Rs that you have?
What are the amounts on lines 25a-25c on the 1040?
Did you make any estimated tax payments, or apply part of a 2019 tax refund to 2020?
No I did not. All taxes came from monthly SS or from Retirement bi-weekly income. I had to pay taxes in 2018 and 2019 learned how to calculate better what needed to come out in FIT each year.
Yes...
for SS SSA 1099: (me).... Vol. FIT withheld: $5,984.80
for SS SSA 1099: (spouse)... Vol. FIT withheld: $1,319.40
1099R (me): $22,500
W-2 (me): $995.26
Line 25a: $955
Line 25b: $19,804
Line 25c: Blank
I have figured out the issue. Thank you for assist.
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