Taxpayer did not collect any social security benefits for 2021. Wanted to see how much would be taxable if taxpayer starting collecting in 2022. Entered $30K in Pre-Strategy Section. Tax Advisor recalculated and came up with $51K which is $21K more than is being collected. Something is very wrong!
30k * 0.85 * 2 = 51k.
Did you enter 30K for each spouse??
No. Taxpayer is single
Maybe the software is so intuitive that it knows the taxpayer will be getting married this year 😬
Sometimes when weird things happen with software, deleting information and starting from scratch can take care of the problem. But sometimes, a call to support is needed.
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