Why do i owe money to the IRS?Last year i had a small refund.Nothing has changed this year.

nanni63 — Mon, 03 Jun 2019 20:40:38 GMT

There are many reasons that could result in such a situat...

retiree — Mon, 03 Jun 2019 20:40:42 GMT

There are many reasons that could result in such a situation; and since this is a public forum you do not want to post your personal information. The primary reason is very simply that you likely HAVE NOT completed entering ALL of your information --the guesstimate is only as good as the information you enter accurately and correctly.

The ideal situation is to have EXACTLY the correct amount withheld ($0 owed and $0 refund). Unfortunately that is a very difficult amount to predict, and is somewhat of a moving target due to salary increases/decreases and tax law changes.

Many things can affect your refund.

The only way to determine what is happening is to compare your 2015 and 2016 returns line by line and see where the differences are.

Thanks hun.I'm new to all this!..Very confusing...

nanni63 — Mon, 03 Jun 2019 20:40:43 GMT

Thanks hun.I'm new to all this!..Very confusing...

topic Why do i owe money to the IRS?Last year i had a small refund.Nothing has changed this year. in Get your taxes done using TurboTax

Why do i owe money to the IRS?Last year i had a small refund.Nothing has changed this year.

There are many reasons that could result in such a situat...

Thanks hun.I'm new to all this!..Very confusing...