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Will I receive a tax refund check or do I owe the amount shown

 
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3 Replies

Will I receive a tax refund check or do I owe the amount shown

If you are getting a tax refund the refund is on line 20 of your Form 1040. 

 

If you owe tax to the IRS the amount you owe is on line 23.

 

Look at your tax return.

 

PREVIEW 1040

 

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

 

**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.**

Will I receive a tax refund check or do I owe the amount shown

HOW MUCH IS MY REFUND?  DO I OWE?

No one else can see your screen, your tax return or your account. But YOU can see it.

 

What does it say on the "refund monitor" on the screen?

Look at your Form 1040.  What do you see on line 20?  Line 23?

 Line 20 is a refund

Line 23 is tax due that you have to pay to the IRS

 

PREVIEW 1040

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

 

What does the TurboTax summary show you?  What does it say in Tax Home?

What are your fees?  Are you having them deducted from your federal refund?  If so, then do some math.

How can I see my TurboTax  fees?  

https://ttlc.intuit.com/questions/2565973-how-do-i-review-my-fees-in-turbotax-online

**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.**

Will I receive a tax refund check or do I owe the amount shown

If the refund-O-meter  says tax  due that means you OWE the IRS ...

 

refund 0 meter bal due.pngrefund 0 meter refund.png

 

 

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