When you owe taxes, it means that you didn’t pay enough taxes throughout the year on the money that you made. `
For more information, refer to the TurboTax Help articles: Video: Why Do I Owe on My Tax Return?
If you will be in the same situation next year, you may want to change the information on your Form W-4 to have more federal taxes taken out of your paycheck. Contact your payroll department to request a new Form W-4 to complete. Refer to the TurboTax article Top 5 Reasons to Adjust Your W-4 Withholding for more information.
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