I made a nonded IRA contr of $7000. I entered the full amount as non-deductible, yet on the IRA Cont Worksheet: Lines 12 /13, TT is setting them to 4580 & 2420. Why? in Retirement tax questions
If itemized deductions are $2K less than the standard deduction, will 1098-T Box 1 minus Box 5 = $8,000 push me over the standard deduction amount? in Education
Can I reduce my quarterly estimated tax payments by the amount of tax I estimate I will owe after taking the 25% SEP deduction? in Get your taxes done using TurboTax