Does it mean that I owe Federal and State taxes if it says Federal balance due?

If it says I owe Federal and State taxes and it is asking how do I want to pay my federal taxes. Do that mean I owe the IRS?

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Yes, if it says "Federal Balance Due" that means that you owe the IRS this year and won't be receiving a refund. If you owe for your State Taxes it would say the name of your State followed by "tax due".

Please see the TurboTax FAQ below for more information:

https://ttlc.intuit.com/replies/4260403

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Does it mean that I owe Federal and State taxes if it says Federal balance due?

Does it mean that I owe Federal and State taxes if it says Federal balance due?

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Does it mean that I owe Federal and State taxes if it says Federal balance due?

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Does it mean that I owe Federal and State taxes if it says Federal balance due?

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