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Level 1
June 1, 2019
Solved

4/15/19 - Why is the "tax" amount less than "amount you owe"?!?!?

  • June 1, 2019
  • 1 reply
  • 13 views

4/15/19 - Why is the "tax" amount LESS THAN the "amount you owe"?!?  (There's a difference of approximately $40 -- why???  Please explain!)

Best answer by AlexandraR

The amount you owe is the balance of the total tax due less any withholdings and payments made during the year.  

1 reply

Level 2
June 1, 2019

The amount you owe is the balance of the total tax due less any withholdings and payments made during the year.