topic W4 calculator in Get your taxes done using TurboTax

W4 calculator

dejjs — Tue, 24 Feb 2026 06:25:43 GMT

I just completed your W4 calculator. the answer was -$714. Does that mean I will owe $714 if I stick with the current settings?

Re: W4 calculator

BrenEA — Wed, 24 May 2023 16:43:03 GMT

That is a great question! The negitive symbol before the amount does indeed indicate a possable balance due on your tax return as it calculates based on your estimated income and wtholdings.

Re: W4 calculator

KanchanM — Wed, 24 May 2023 16:45:10 GMT

Hello,

Yes, that means you owe $714. Also you will see numbers on the right side, you can use those numbers from your results to fill out your new W-4 for your employer. It gives you the line number on W4 and what you need to enter on those lines in W4. Please let me know if you have any additional questions.