turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How can I owe $1857 in tax due on adjusted gross income of $$3696 , after the standard deduction ?

My total income is is an annuity , have I placed it in the wrong box because my taxes are almost 50% of it. ?
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

How can I owe $1857 in tax due on adjusted gross income of $$3696 , after the standard deduction ?

Remove wherever you keyed in the annuity, and re-enter it in Federal > Wages and Income > Retirement.  And be sure to carefully check the answers to the follow up questions.

How can I owe $1857 in tax due on adjusted gross income of $$3696 , after the standard deduction ?

Thank you, sweetie 15 I'll do that now. janjucbells

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies