Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
ARBEE09
Returning Member

Which do I actually owe?

on Turbo tax cover form my 2019 tax amount due says $5044  but below on the efile amount it says $5537 federal due.  Which do I need to pay?    I did receive a refund of $493 on State taxes. 

4 Replies
xmasbaby0
Level 15

Which do I actually owe?

Re- read all of that, and LOOK at your federal tax return.  The amount you owe to the IRS is on line 23 of your Form 1040.  

 

You got confused by the summary that TurboTax shows you.  The difference between the amount you owe the IRS and the amount you got back from the state is $493.  

 

https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-get-a-copy-of-a-return-i-filed-thi...

 

If you owe federal tax it is due by July 15, 2020.

 

If you have federal tax due you can pay by mailing your payment with the 1040V voucher, having the payment taken out of a designated bank account, or you can pay directly on the IRS website.

 

https://www.irs.gov/payments/direct-pay

 

https://ttlc.intuit.com/community/tax-payments/help/how-can-i-pay-my-federal-taxes/00/26212

 

 

https://ttlc.intuit.com/community/tax-payments/help/how-do-i-pay-my-irs-tax-due-with-a-check-or-mone...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Texas Roger
Level 15

Which do I actually owe?

The $5044 is the amount of federal due of $5537 less the state refund of $493. You owe $5537 for your federal taxes. That is the amount you must pay. 

ARBEE09
Returning Member

Which do I actually owe?

ok. thank you.    I see line 23 says clearly 5537.   But so why is Turbo cover page showing  5044 due.  it's confusing and I don't want to underpay the gov't.    (I'd actually prefer to pay the lesser amount)!

ARBEE09
Returning Member

Which do I actually owe?

Oh, I see now. Thanks for clarifying. That was helpful.    oh well.    

Dynamic AdsDynamic Ads
v
Privacy Settings