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Employee
April 17, 2021
Question

income

  • April 17, 2021
  • 1 reply
  • 0 views

why does my recapped Income show my Pension (taxable) st $276,880?  where does this amount come from in the program?  Last year's amount was $67,101.  it says my Federal tax due is $61,201.  Not sure what going on and how to fix so the correcr amount is shown.

 

    1 reply

    Employee
    April 17, 2021

    Have  you checked your own data entries and looked for misplaced decimals or extra zeroes?   Sounds like you made an incorrect entry somewhere---or maybe more than one.   The decimal and comma are next to each other on the keyboard so it is easy to strike the wrong one.

     

    And...are you using the CD/download?  if you are using the CD/download go to Forms mode and you might see what is wrong.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**