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Can someone explain why I initially was receiving a refund from my state tax and now I seem to owe?

 
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1 Reply
VanV1
Intuit Alumni

Can someone explain why I initially was receiving a refund from my state tax and now I seem to owe?

Your individual tax situation will dictate whether you owe taxes or will receive a refund.  As you enter information into TurboTax, you may start with a refund and depending on different situations (e.g. capital gains, home sale, etc) you may end up owing.  As you fill in more information (e.g. charitable donations, other tax credits, etc) - you may once again be owed a refund.  In the end, you need to complete your entire return before you can determine if you will receive a refund or owe some taxes.  The information provided along the way is a snapshot of the current situation based on the information you have entered so far.

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