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January 12, 2021
Question

Why is my income coming out to bigger than it should be?

  • January 12, 2021
  • 1 reply
  • 0 views
On my 1099 form I got from the Department of Labor it says I got 11k but when I input it on my taxes(turbo tax) it’s giving me like 23k which is not making any sense, this is my second time filing taxes and 2020 was a weird year for me since I kept bouncing jobs and was unemployed for a few months but my only other income is like 5k with jobs so I am confused and not understanding why it is getting 23k from 11k ??

1 reply

DJS
Employee
January 12, 2021

It sounds as if the 11k is being included twice, suggesting that you may inadvertently have entered it in more than one place.  If this is a 1099-MISC or NEC be sure that you entered it only in the correct place. Double check by looking at the forms to see where the amount appears. 

Answers are correct to the best of my ability but do not constitute legal or tax advice.**If this post is helpful please click on "thumbs up"**
taegiAuthor
January 12, 2021

Yep, I double checked it and it looks like I entered it twice! Thank you

DJS
Employee
January 13, 2021

Glad you found and fixed the problem. Stay safe.

Answers are correct to the best of my ability but do not constitute legal or tax advice.**If this post is helpful please click on "thumbs up"**