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Its saying federal tax due and MS Tax due. I don't owe any taxes.. ive always filed and got a refund. help?

 
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1 Reply
DawnC
Employee Tax Expert

Its saying federal tax due and MS Tax due. I don't owe any taxes.. ive always filed and got a refund. help?

Comparing your W-2(s) from this year and last year might highlight a change that could have affected your refund(s).  Double check your data entry to make sure everything has been entered correctly in TurboTax, especially the wages boxes from your W-2(s).  

There are many reasons that you could end up owing this year when you received refunds in the past. Some of the most common reasons include:

  • Not enough taxes withheld from your pay - Did you make a change on your W-4? 
  • You had income from Self-Employment 
  • You deferred less income into your Employer-Sponsored Retirement Plan or Flexible Savings Plan
  • You qualified for a Tax Credit or Deduction in previous years that you didn't qualify for this year
  • You changed your Filing Status
  • You deleted a Dependent or a Dependent turned 17 during the year
  • If you Itemize, your Itemized Deductions were higher last year
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