Solved: 99.9% of the time, a huge number like that is a mis-enter...

If I made $29,000 and $3,300 was withheld, why is TurboTax telling me I owe over $20,000 in taxes???

posted

99.9% of the time, a huge number like that is a mis-entered income value,

like maybe double-keyed number (229,000) or decimal point one digit off.

Go back to the Federal income section and review and edit every income entry you made...one of them is waaaay too high.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

99.9% of the time, a huge number like that is a mis-entered income value,

like maybe double-keyed number (229,000) or decimal point one digit off.

Go back to the Federal income section and review and edit every income entry you made...one of them is waaaay too high.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

If I made $29,000 and $3,300 was withheld, why is TurboTax telling me I owe over $20,000 in taxes???