Why is turbo tax calculating an incorrect tax amount on my return?

[abholcomb]

I prepared my taxes and filed them last week. Then my son needed some help with his taxes, so I logged into my TT to follow along with him as we talked on the phone. I must have clicked something somewhere, and I cannot get it back to the amount that it was when I filed. I tracked down the error, just don't know how to undo it. On my 1040 worksheet, Schedule 2, Part II, Line 4, it now says I have a 4029 exemption, but I'm not clergy. Would be nice if I were, because it sure does reduce my SE tax bill. We have 3 small businesses, and none of the Schedule C's or Schedule C worksheets have the box checked for clergy.  How do I become unordained?

[abholcomb]

Hi Bill, previous question about $10,000 tax bill on $28,000 was for my son's taxes. I reviewed his taxes today and it's $8000 SE tax, which is painful, but correct. 

[john989]

Yes. It is for a specific year, 2021. IRS letter did not say where the miscalculation is in my TurboTax filling forms. It simply said an overpayment amount.

What I meant in my post about 20 years is that if IRS didn’t catch the overpayment errors, I would have lost a lot of money for those years with long term capital gains.

Is the long term capital gain related tax miscalculation fixed by now?

Please reply this thread below:

https://ttlc.intuit.com/community/taxes/discussion/re-why-turbotax-did-wrong-calculations-on-my-tax-...

[SusanY1]

There is not a known issue with the TurboTax calculation of capital gain income this tax year or any prior year.  

If you believe you have a specific return that was miscalculated, please see these instructions on how to file a claim using our Accuracy Guarantee.   

@john989