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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!  
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5 Replies
MaryK4
Expert Alumni

My tax forms do not match the amount due. What do I do? It's a substantial difference.

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.  

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My tax forms do not match the amount due. What do I do? It's a substantial difference.

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. 

My tax forms do not match the amount due. What do I do? It's a substantial difference.

The amount you owe, including any penalty, is on Form  1040 Line 37.

Pay that amount.

@staticroad110 

My tax forms do not match the amount due. What do I do? It's a substantial difference.

Ok will pay online and skip the forms.

My tax forms do not match the amount due. What do I do? It's a substantial difference.

The vouchers 1040-ES are for paying 2023 tax as an Estimated Tax Payment.

it has nothing to do with the amount you owe for 2022.

the full payment is due by April 18th.

@staticroad110 

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