Hi, (fortunately) my financial status hasn't changed in the last year (W2's, W4's and pretty much everything else all the same). However, upon completing my 2020 tax return with turbotax, i notice that line
23.
Other taxes, including self-employment tax, from Schedule 2, line 10
went from zero (line 15.) to over 20k. - thus forcing me to owe federate tax rather than get a refund like i normally do.
from my naive read of schedule 2, i don't owe AMT, have health insurance through my employer nor have taken any money out of any savings accounts.
can anyone offer a reason why turbotax may have calculated that Schedule 2 is relevant? is there a way i can bring up the schedule 2 calculations in turbotax?
thanks,
ok, i did a test print of my returns and it included Schedule 2: i see it has included:
8 Taxes from: (c) Instructions; enter code(s) UT
can someone tell me what this means and why i should have it this year but not the previous?
cheers!