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Yes, taxes due means that you have a balance due to the IRS or State. It means that you didn’t pay enough taxes throughout the year on the money that you made.
For more information, refer to the TurboTax Help articles Video: Why Do I Owe on My Tax Return?, How to Pay Taxes: 10 Ways to Pay Your Tax Bill and How can I pay my federal taxes?
If you need additional help, please specify what you need help with.
We cannot see your screen, your return or your account. Have you entered ALL of your 2024 information? All your income, etc.?
There are a lot of variables that affect your refund or tax due including how much you earned, how much tax you had withheld, your filing status, the number of dependents you claim, your deductions and credits, etc. You may have lost Earned Income Credit or the Child Tax Credit— did a child turn 17? If you received the EIC last year, remember that changes in the amount you earn have a big effect on the amount of EIC you can get. (Sometimes earning more money means less EIC) Are you 65 or older ? If so, your standard deduction is higher. Everyone has a higher standard deduction now so it is harder to use itemized deductions.
And of course, always check your own data entries, looking for errors such as misplaced decimals or extra zeros.
Print out 2023 and 2024 and compare them side by side to see what is different.
https://turbotax.intuit.com/tax-tips/tax-payments/video-why-would-i-owe-federal-taxes/L3VXudPiN
If you owe tax due, you have to pay it yourself by the filing deadline on April 15, 2025 or you will be subject to late filing penalties and interest.
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://ttlc.intuit.com/community/tax-payments/help/how-can-i-pay-my-federal-taxes/00/26212
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.
WHAT IF I CANNOT PAY MY TAX DUE?
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