There are many reasons why you could have a balance due. Some situations could be:
- You had additional income, received a bonus
- You didn't have enough withholding
- You had fewer deductions, you might not have contributed as much to your 401k
- Your credits changed
- You changed your filing status
You can access your personalized information in TurboTax, review your entries
- Open or continue your return.
- Select Federal from the left menu
- Choose Federal Review
If after reviewing your information, you still have a balance, use the TurboTax W-4 Withholding Calculator tool. It'll help you find the right withholding so that you can better plan for your next tax return.
@Kev34
