Please I need help I’m very scared

[KellyannHill38]

[image removed]

[KellyannHill38]

Do I owe taxes what’s the - symbol means

[GabiU]

Hi there! I removed the image for your online safety. Please describe your question in the replies below so the community can help answer your question. Thanks! 

[KellyannHill38]

Thank you for that but I got my irs transcripts and I see that I got negatives symbol on some amounts so I’m confused. What does the negative symbol mean

[KrisD15]

Negative numbers are usually CREDITS, meaning if you owe tax and the next line you get the Earned Income Credit, the EIC amount will show as a negative.  It will be subtracting from the tax you owe. 

Why did you get a tax transcript? Did you ask for it or did the IRS contact you?

If the IRS contacted you, they would have sent you a letter, if they did, what did the letter say?