topic Still owe from last year, does that factor into total? in Get your taxes done using TurboTax

Still owe from last year, does that factor into total?

ccala89- — Sat, 01 Jun 2019 03:13:10 GMT

does the final amount due include what i still owe from previous year?

If you owe the IRS from a previous tax year, your refund...

xmasbaby0 — Sat, 01 Jun 2019 03:13:12 GMT

If you owe the IRS from a previous tax year, your refund will be used to offset that debt. Your 2016 tax return does not show that--TurboTax has no way of knowing that you still owe the IRS. You do not have to enter anything about the money owed to the IRS on your tax return. The IRS knows.

My turbo tax knew and told me. So would it factor that in...

travisbreisch — Sat, 01 Jun 2019 03:13:14 GMT

My turbo tax knew and told me. So would it factor that in my case?

No, Turbo Tax does not know if you paid your tax due from...

xmasbaby0 — Sat, 01 Jun 2019 03:13:16 GMT

No, Turbo Tax does not know if you paid your tax due from 2015. You saw a display of last year's results. Your refund for 2016 does not reflect the tax you may still owe.