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New Member
posted May 31, 2019 6:21:52 PM

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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1 Best answer
Level 15
May 31, 2019 6:21:54 PM

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

3 Replies
Level 15
May 31, 2019 6:21:54 PM

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

Level 15
May 31, 2019 6:21:54 PM

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

Level 15
May 31, 2019 6:21:57 PM

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


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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.