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Level 1
October 30, 2024
Question

Tax Calculator

  • October 30, 2024
  • 1 reply
  • 16 views

I did the tax calculator and for taxes owed, it says -$12,000.  Does the negative mean I would possibly owe that much or does it mean I could get a refund?

    1 reply

    Juliane22
    Level 4
    October 30, 2024

    Hi Lola1234! If you are using the Turbotax calculator, then a negative number would mean that is the amount you owe. You should see the words "your estimated amount owed" above the number. Hope that helps!

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