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I filed my 2019 personal tax returns in the middle of April, 2020. I recently accessed my tax file and noticed that my federal refund amount listed per the program was different from what I had received after e-filing my fed and state income tax returns.
In looking over things...it appeared that the amount on Line 1 of Worksheet 1 (Computation of Modified AGI) of the "Social Security Recipients Who Contribute to a Traditional IRA Worksheet" was different from the amount shown on the tax return schedules that I had printed out when I e-filed my tax returns. Has anyone else had a similar situation?
Is this a program error that has not been reported?
The bottom line is that the amount of my taxable SS is substantially understated per the current program parameters.
I hope someone can shed some light on this that makes sense to me.