Does the tax break subtract from the amount that’s due

[butterlee66]

If my tax break is 13,850 will I still owe 9200

[xmasbaby0]

That $13,850 is the standard deduction for a single filer.  That means the first $13,850 of your ordinary income is "tax free."   The software uses that when your tax refund or tax due is calculated.  It will be on line 12 of your Form 1040.   The amount you see on line 37 of your Form 1040 is what you owe to the IRS and need to pay by April 15, 2024.  

PREVIEW 1040

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

If you owe tax due, you have to pay it yourself by the filing deadline on April 15, 2024.

 If you have federal tax due you can pay by mailing your payment with the 1040V voucher, (which has the address printed on it, having the payment taken out of a designated bank account, or you can pay directly on the IRS website. 

https://www.irs.gov/payments

https://ttlc.intuit.com/community/tax-payments/help/how-can-i-pay-my-federal-taxes/00/26212

https://ttlc.intuit.com/community/tax-payments/help/how-do-i-pay-my-irs-tax-due-with-a-check-or-mone... 

To apply for a payment plan with the IRS

Apply Online for a Payment Plan

You must pay your state tax due using the state’s preferred method of receiving payment.  For most states that will be by making a payment to the state’s own tax website, or by mailing a check or money order.

https://ttlc.intuit.com/questions/1900884-what-are-my-options-for-getting-my-state-refund-or-for-pay...

https://ttlc.intuit.com/questions/1901670-how-do-i-contact-my-state-department-of-revenue

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

[DoninGA]

No.  Your Standard Deduction for your filing status is the amount that is free from being taxed.  Any amount greater than your Standard Deduction is taxable income.  Your tax liability is the amount of taxes on your taxable income.

If your total taxable income is greater than your total tax payments (taxes withheld and credits) then you will have taxes owed.

[JohnB5677]

Possibly,  If you've completed your taxes and you still owe $9,200, you've already taken the $13,850 Standard deduction.

After you've completed your taxes:

• The standard deduction $13,850
• Is subtracted from
• Your total income
• Then the tax is calculated on the lower amount.
• Any Income taxes that were withheld are subtracted from the total tax
• This will result in the Balance Due.

I suggest you check all f your entries for accuracy.

You may also wish to view your tax return.

You can preview your tax return by going to:

1. On the menu bar on the left that shows.
2. Select Tax Tools
3. On the drop-down select Tools
4. On the popup menu
5. Select View Tax Summary
6. On the left sidebar
7. Select Preview my 1040.

Some key numbers on your 1040 tax return are:

Line 11 - Total Income

Line 12 - Standard deduction

Line 15 - Taxable Income

Line 24 - Total Tax.

Line 25 d - Withholdings.

Line 26 - Estimated tax payments

Line 33 - Payments including Credits.

Line 34 - Overpayments. (Refund)

Line 37 - Tax owed.

Please contact us again with any additional questions or to provide some additional details.