My tax forms do not match the amount due. What do I do? It's a substantial difference.
Turbo tax says I owe about $300, but the tax forms show about $6K!
05577
5 Replies
MaryK4
Expert Alumni
Apr 4, 2023 6:30:21 PM
Can you clarify if you are looking at the total taxes versus tax due (amount you have to pay)? TurboTax calculates your tax due, then subtracts any withholdings or credits to come up with your balance due.
staticroad110
New Member
Apr 4, 2023 6:42:33 PM
The amount owed on the tax forms appears to be correct. However, in the first few pages of the forms (when I go to print), it has 4 vouchers that are at over $1000 each for splitting a payment up. They don't seem to match my form.
fanfare
Level 15
Apr 4, 2023 6:43:47 PM
The amount you owe, including any penalty, is on Form 1040 Line 37.