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| humblejohn[at]anonymous.to wrote: - quote - > I and my wife have 25M in benefits for 2004 and 18.8M is taxable
Thanks for the referral, Dick. But OP is correct when he> according to > turbo tax fed. i did it manually with the form provided in the 1040 > instructions > and came up with $21.4M as taxable. i hope that turbo tax is not > screwed up here! > keeping my fingers crossed. > ================================================== ========== > Moderator: > If M is for millions, you should not being preparing your > own return or getting advice here. You need an EA, a CPA, > or a Tax Attorney. > ================================================== ========== uses "M" for thousand, since that harkens back to Roman days. Example, this year is MMV. Now, as for the calculations, to the OP, perhaps you did not include in your calculations some type of adjustment? Take a fresh look at the instructions. ChEAr$$$, Harlan Lunsford, EA n LA 11 Apr 2005 4 days and counting...... down.....\ << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| I and my wife have 25M in benefits for 2004 and 18.8M is taxable according to turbo tax fed. i did it manually with the form provided in the 1040 instructions and came up with $21.4M as taxable. i hope that turbo tax is not screwed up here! keeping my fingers crossed. ================================================== ========== Moderator: If M is for millions, you should not being preparing your own return or getting advice here. You need an EA, a CPA, or a Tax Attorney. ================================================== ========== << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| 2004, benefits, deluxehelp, sec, soc, tax, taxable, turbo |
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