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Alright so I know for a fact that the state has taken what i owed them out of my bank account and I also made a payment to the irs for my federal taxes. Yet my app says I still owe it all as if I nev
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August 4, 2020
6:28 PM
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Get your taxes done using TurboTax
The TT app will ALWAYS say you owe because that is the result of the return computations. TT never gets any further information on any payments you make from any source.
If you went to a paid professional and walked out with a paper copy of the return it would always say you owe even if you paid it ... same thing holds on the TT system.
August 4, 2020
6:43 PM
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Get your taxes done using TurboTax
Right. Turbo Tax will always say you owe or refund. That is just the end result of your return. The IRS doesn't update Turbo Tax when they get your payment. Just like if you print and keep a copy in your files. It is never updated.
August 4, 2020
6:44 PM