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dd76109
New Member

My "Federal Tax Due", although we're not finished with the return, shows over $168K DUE so far. We didn't even earn that much. What's up?

 
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SweetieJean
Level 15

My "Federal Tax Due", although we're not finished with the return, shows over $168K DUE so far. We didn't even earn that much. What's up?

Most likely you typed commas instead of decimal points somewhere. Delete all the cents, and round each entry to the nearer dollar.

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3 Replies
SweetieJean
Level 15

My "Federal Tax Due", although we're not finished with the return, shows over $168K DUE so far. We didn't even earn that much. What's up?

Most likely you typed commas instead of decimal points somewhere. Delete all the cents, and round each entry to the nearer dollar.

VolvoGirl
Level 15

My "Federal Tax Due", although we're not finished with the return, shows over $168K DUE so far. We didn't even earn that much. What's up?

And you need to wait to get all your tax documents like W2 and 1099s.  They should come by the end of January.
Critter
Level 15

My "Federal Tax Due", although we're not finished with the return, shows over $168K DUE so far. We didn't even earn that much. What's up?

Take a peek at the form 1040 to see what line looks way off ... then you know where the miss key happened ...



You can peek at the form 1040 by going here:

My Account  >>> Tools >>> View Tax Summary >>> Preview 1040


To view the entire return using the online editions before you file, you will need to pay for your online account.
To pay the TurboTax online account fees by credit card, without completing the 2015 return at this time, click on My Account at the top of the online program screen.  Then click on Print Center.  Then click on Print, save or preview this year's return.  On the next page, to pay by credit card, click Continue.  On the next screen it will ask if you want Audit Defense, if you do not want this option just click on the Continue button.  The next screen will ask for all your credit card information so you can pay for the account.

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