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Before I paid turbotax, it said I would be getting over $1000 from the Federal gvt. Now it says I owe the federal gvt. over $4000. Is that a mistake or what?
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Before I paid turbotax, it said I would be getting over $1000 from the Federal gvt. Now it says I owe the federal gvt. over $4000. Is that a mistake or what?
Hi there! Amounts fluctuate quite a bit throughout the compilation process. I would use this calculator to get a ballpark figure of where you should end up with your federal return to see if it is more likely the $1,000 or the -$4,000.
Use the TurboTax calculator
TaxCaster
to get an estimate of a tax refund or the taxes owed (including for tax year 2018) -
https://turbotax.intuit.com/tax-tools/calculators/taxcaster/
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