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I had to make a small adjustment to my NC State return; it required a small adjustment to my federal. TurboTax says I owe my full federal amount again. Am I misreading?
I incorrectly reported Estimated Tax payments to State of NC from my K-1 as personal estimated payments to the state rather than estimated payments from the partnership. To correct this, Turbo tax had me edit my estimated payments on the Federal return (changed to zero) and update the state return showing the payment came from the partnership.
Once I filed the amended return, Turbo tax presented a Federal voucher it said I needed to print and send in with a full tax payment (which I already paid to the IRS in April).
Am I just mis-interpreting what it's asking me to do?
Monday