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t3xrd
New Member

My TurboTax says that my Federal due is -4000 what does it mean? Does it mean that I owe 4000 or does it mean that I will receive 4000 in my tax return?

 
1 Reply
DoninGA
Level 15

My TurboTax says that my Federal due is -4000 what does it mean? Does it mean that I owe 4000 or does it mean that I will receive 4000 in my tax return?

The minus sign (-) means that is the amount that you owe in federal taxes.

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