My total income on the tax summary is showing more than our actual income... Why would this happen? I have checked my numbers over and over.

Forum|Forum|7 years ago
June 5, 2019
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TurboTax Deluxe Online

mesquitebean

Level 15

Have you looked at your actual Form 1040?   Here's how to preview the Form 1040 for free during preparation:

    Log in and open your 2017 return if not already open.   ("Take me to my return")
    Once the return is open and past the blue-green screen, click on "Tax Tools" in the left menu column.
    Then choose TOOLS.
    In the Tools popup window choose "View Tax Summary."
    Once the Tax Summary appears, review that Summary screen then go over to the left menu column again and choose "Preview My 1040" to bring up the actual 1040.

To view/print all the forms in your return during preparation, you can pay in advance and will then have viewing/printing privileges.  We can tell you how, if desired.

mightyashAuthor

Level 2

First off THANK YOU for responding! It shows my income PLUS taxable interest of $18,559 (that's the interest we paid on our house why is considered income? We paid it to the bank, they didn't pay it to us...) So confused.

mesquitebean

Level 15

Sorry.  I can't help you with that.  Did you enter the house interest in the wrong section?  DId you enter it in the Income section as Interest Income instead of in the Deductions section where there are questions about your home?

You can keep watching the thread and someone may respond here tonight.   Or you can phone TurboTax Support for assistance if you don't get help here, or if you want live realtime help to help you troubleshoot and talk you through the screens.  They are open until 9 PM Pacific (12 Midnight Eastern.)

FAQ:  How do I contact TurboTax?
<a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/3401489">https://ttlc.intuit.com/questions/3401489</a>

mightyashAuthor

Level 2

Thanks! I'm thinking it's a glitch at this point... really do appreciate your help!

mesquitebean

Level 15

If it's on the actual Form 1040 like that, then this is not a common problem. If it was a program "bug", it would have many users reporting the same issue, since home mortgage interest is common. It will just take some detective work to track down what is going on.

mightyashAuthor

Level 2

Well I did the friendly walkthrough version and everything was dandy until I had it check for errors. Then it asked for that box from my 1098. Then I lost all of my federal refund and owed on top of that. I knew something was wrong then. It took some searching to realize my total income was wrong...

mesquitebean

Level 15

Are you actually seeing it on Line 8a of the Form 1040?