I'm almost done with my 2023 tax filling using downloaded version of turbotax Premier.
I'm at the Dederal Review section and checking the 2023 tax Breakdown.
There are three part of Income: Wages, Interest and Divicends, Other Income.
The first two looks good to me but the Other Income shows $10,008. I am not sure where is this other income from.
When I revisit the Wages&Income section, the Wages and Salaries part is fine and mathing the breakdown. Interest and Dividends part is also matching the breakdown.
Then I only have $96 in Investment Income and $13008 in IRA(backdoor).
So I'm confused where is this Other income of $10,008 from?
Did you have any Depreciation Recapture? (Did you sell a business or rental asset that had been depreciated?)
Any 1099-MISC income?
No, I only have W2 and some investiment income. I have a few 1099-MISC but all number is 0
You can look on your Form 1040, Schedule 1 Additional Income and Adjustments to income to see what "other income" is reported on your tax return.
To view your form 1040 and schedule 1 to 3: