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rjhouse2
New Member

If I owed taxes from last year, and am still in the repayment process, will the amount that I still owe show up on turbo tax when I start inputting my W-2s?

My wife and I are filing jointly, we have put in all of her W-2 information and we were getting a refund until I started inputting my W-2s. 

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1 Reply

If I owed taxes from last year, and am still in the repayment process, will the amount that I still owe show up on turbo tax when I start inputting my W-2s?

No.  Turbo Tax doesn't know if you owe for last year.  The IRS doesn't update TT with that info.

It's because of the extra W2s.  That's common.  It just looks that way because you put them in as separate W2s and saw the tax due change in between them. If it all was on one W2 you would get the same answer. And each job was withholding like it was your only job.

Because you only get one standard deduction and personal exemption (or 2 for Joint), no matter how many W2s you put in. Turbo Tax starts out by giving you the Standard Deduction.  You entered more income when you entered the second W2 but you didn't enter more deductions.  And each job only withheld taxes like it was your only job for the year.  You might want to adjust your withholding.  Also as you add more income you might not be getting as many credits as before like the EIC credit.

And it was probably giving you the EIC credit until you went over.

See this FAQ
https://ttlc.intuit.com/replies/3798403
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