numbersnewblack -
Level 1
02-26-2022
04:23 PM
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I'm adding a 5329 for for excess IRA contributions, there is no change in income/deductions. I'm expecting the additional tax of $360 and $720 for 2019 and 2020 respectively. However, when I enter income, deductions, etc...2019 is calculating tax $9 higher and $8 higher for 2020. Prior returns were filed in TurboTax and by another CPA. I know there is an option to override the tax amount and I'm highly considering doing that.
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