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ccala89-
New Member

Still owe from last year, does that factor into total?

does the final amount due include what i still owe from previous year?
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3 Replies

Still owe from last year, does that factor into total?

If you owe the IRS from a previous tax year, your refund will be used to offset that debt.  Your 2016 tax return does not show that--TurboTax has no way of knowing that you still owe the IRS.  You do not have to enter anything about the money owed to the IRS on your tax return.  The IRS knows.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Still owe from last year, does that factor into total?

My turbo tax knew and told me. So would it factor that in my case?

Still owe from last year, does that factor into total?

No, Turbo Tax does not know if you paid your tax due from 2015.  You saw a display of last year's results.   Your refund for 2016 does not reflect the tax you may still owe.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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