topic what is a 2023 tax liability in Get your taxes done using TurboTax

what is a 2023 tax liability

jwmcneil85 — Tue, 03 Feb 2026 12:24:23 GMT

why do i have a tax liability from 2023

Re: what is a 2023 tax liability

SusanY1 — Sat, 08 Feb 2025 17:09:21 GMT

Can you clarify for us where you see this liability? That will help ensure that we can better address your question.

Re: what is a 2023 tax liability

Bsch4477 — Sat, 08 Feb 2025 17:09:41 GMT

It means you owe tax on your 2023 return. We can’t see your return.

Re: what is a 2023 tax liability

VolvoGirl — Sat, 08 Feb 2025 17:11:25 GMT

Your 2023 tax liability is the total tax on 1040 line 24. It doesn't mean you still owe that. It probably needs to know your 2023 tax liability to see if you have a penalty for not paying enough withholding and estimates for 2024.

Re: what is a 2023 tax liability

srmartel — Tue, 04 Mar 2025 01:29:15 GMT

OK, I'm still confused - I paid my 2023 taxes through turbotax and on time, why would I be getting this additional thing. And that's $379 more than I paid last year - so they're saying I have to DOUBLE what I paid?

My income in 2023 was 1/2 what it was in 2024. Is it trying to say bc I managed to get a better job, I need to retroactively review 2023 and pay more?

Below is the check in "review" we're talking about:

Re: what is a 2023 tax liability

LindaS5247 — Tue, 04 Mar 2025 01:44:21 GMT

No, it's not saying that you have to pay the 2023 tax liability. The TurboTax program is using your prior-year tax liability to determine if you have to make estimated taxes and if you owe any underpayment penalties for 2024.

Click here for Estimated Taxes: How to Determine What to Pay and When

Click here for Estimated taxes

Click here for additional information on "How to Determine What to Pay and When"