This was a great update.. I haven't filed yet but I was experimenting with what my taxes might be like next year.
I deleted all my self employment 401k contributions. Now, no matter what I do, my federal tax owed never drops below zero. This is awesome. Best update yet.
When I add it all back in, my refund goes to $134. Tell me how $26,000 can only impact my taxes by $134 when before this update it would effect by taxes by over $5,000.
You'll need to sign in or create an account to connect with an expert.
The good thing about the program is you can create as many returns as you want.
user CTL-N to start a new return.
be sure to use descriptive names so you know which one is your true return for filing.
If you don't trust TurboTax, try another software provider
you have to be proACTive when looking for TAX software.
Rebuilt from scratch and it works as it should, $5,000 change in taxes due with removal of SEP 401k contribution. Horrible update.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
kimberlyallen558
New Member
user17762576445
New Member
sb_1234
New Member
peter-bee-parker
New Member
rachel
New Member