turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

c_tenorio
New Member

When it says tax refund due, does that mean I owe?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

11 Replies

When it says tax refund due, does that mean I owe?

I don’t think it says both “Refund” and “Due” together.  It’s should be either one or the other.  Where are you seeing it?  At the top in the monitor boxes?  Or exactly what does it say?
EdwardLO
New Member

When it says tax refund due, does that mean I owe?

No, that means you're getting a refund.

When it says tax refund due, does that mean I owe?

Screenshot_20210224-141627.png

 

When it says tax refund due, does that mean I owe?

YOU sure about that?

When it says tax refund due, does that mean I owe?

@IRS REFUND DUE Your account does not use the words "tax refund due".   It will say "refund" or "Tax due"    --- it does not combine the words "refund" and "due" to refer to the same tax return.

 

If you are still confused then look at your actual tax return.  If you are getting a federal tax refund the amount of the refund will be shown on line 35a of your Form 1040.   If you OWE tax due to the IRS it will be shown on line 37.

 

All of the state forms are different so we cannot tell you what line to look at on your state form.  But it should be pretty apparent if you look over your tax form.   "Refund" means you get money back.   "Tax due" means you have to pay.

PREVIEW 1040

 

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

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.

 

https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-get-a-copy-of-a-return-i-filed-thi...

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

When it says tax refund due, does that mean I owe?

@IRS REFUND DUE 

 

It is possible to get a federal refund and owe the state----or vice versa----owe the IRS and get a state refund.   

 

Be aware that you cannot "pay"  federal tax you owe to the IRS from a state refund, or pay the state from your federal refund.

 

Your state tax due cannot be paid from your federal refund. 

 

It is not possible to pay your state tax due from your federal refund, nor is it possible to pay a federal tax due from a state refund.  The federal and state treasuries are completely separate from each other.  You may have seen a TurboTax summary of your federal and state amounts that confused you into thinking one was “paying” the other.  It is not. The ONLY thing you can pay for from a federal refund is your TurboTax fees if you chose that option.  

 

 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/direct-pay 

 

 

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... 

 

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

 

 

 

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
didario62
New Member

When it says tax refund due, does that mean I owe?

It says that in the monitor boxes.

didario62
New Member

When it says tax refund due, does that mean I owe?

at the top of the monitor boxes

didario62
New Member

When it says tax refund due, does that mean I owe?

great, thank you very much

didario62
New Member

When it says tax refund due, does that mean I owe?

No I am almost done and it says I will owe $286.00, meaning I have to pay, right

When it says tax refund due, does that mean I owe?

@didario62 We cannot see your tax return or your screen.   If you have an amount on line 37 of your federal Form 1040 you owe tax and need to pay by April 18.

 

PREVIEW 1040

 

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

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.

 

 

Or...you might owe the state.  We do not know what state you are in so you have to look at your own state form to see if you owe the state, and see how much you owe them.

 

 

 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

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question