How do I know if I owe?

kodibean1 · ‎January 30, 2020

AlanT222 · ‎January 30, 2020

Federal tax due near the top of your screen means you owe that amount to the IRS. Same goes with state taxes. For example, NY tax due would mean you owe taxes to the state of New York.

If you're still working on your return, those numbers will likely change as you enter more items. Your tax due amount may even be replaced by a tax refund by the time you finish doing your taxes.

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View solution in original post

AlanT222 · ‎January 30, 2020

Federal tax due near the top of your screen means you owe that amount to the IRS. Same goes with state taxes. For example, NY tax due would mean you owe taxes to the state of New York.

If you're still working on your return, those numbers will likely change as you enter more items. Your tax due amount may even be replaced by a tax refund by the time you finish doing your taxes.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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How do I know if I owe?