There was no value in 2022 return. So not sure how Turbotax is calculating this for 2023. I haven't manually calculated using Form 8801 to see if that somehow m...
I found the line item now, but I still don't know the math.Tax is being reduced by "Credit for prior year minimum tax. Attach Form 8801" from Schedule 3 in line...
That's why I'm puzzled! Yes, I checked the taxable income and deductions, showing that $39 difference only but a big difference in a refund. I just now checked ...
Reply from "Employee Tax Expert" is incorrect.As above post, 6% penalty only applies to IRA excess contributions. For 401K, it's double tax situation for any ex...
