Why does TurboTax Premier 2021 show different numbers from TurboTax 2020 on my tax history report for 2020?
All the other years numbers match from 2017-2019. The TurboTax 2021 report for year 2020 taxes has the following differences:
Total income is $800 higher.
Adjustments to income are blank.
This throws the AGI off by the missing amount. The taxable income also goes up as does the tax.
$3K of credits are missing.
Tax payments are short by $2K.
The bottom line is that the 2021 tax report for the year 2020 shows tax due when I got a refund about twice the size.
Is the 2021 tax history report broken?
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Did you have unemployment in 2020? Or maybe you transferred from the wrong 2020 file? See if you have another .tax2020 file on your computer.
I did not have unemployment.
I opened the same file in TurboTax 2020 that I imported to TurboTax 2021.
I just tried creating a new tax return and reimporting the same file and the tax history report now matches.
So, problem solved. Thanks.
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