The income in TurboTax's summary why I owe taxes is much higher than what I entered as income, which is the same as last year when I didn't owe taxes. How?

[jtaquino49]

The total income in the summary is much higher than the total of what I entered as income. I took the standard deduction this year and last year and nothing else has changed.

[BillM223]

TurboTax does not calculate tax based on the summary, but only off the tax forms. So compare your current year forms to last year's forms and see what the difference is.

[jtaquino49]

Under the income part of my TurboTax input, I entered all the income from my 1099s, social security, pension, etc. and came up with a total figure that is just a few hundred dollars more than last year according to your figures from last year.  I took the standard deduction this year and last year, and this year the deduction is greater. And yet I got a refund last year on both federal and state and this you're staying I owe almost thousand more for federal and almost a thousand dollars more for state. And when I punched the why do I owe taxes button, the response showed an income figure that is more than 10k more than the income I entered.  Hence my question, how can this be?

[DawnC]

You have to look at your tax returns.   Compare last year's tax return to this years tax return.   Compare the total taxable income and also compare the total tax payments and credits.   If income is the same, but you received less credits this year or had less tax withholding, your tax bill will be higher.   

Why did my refund go down this year?