Taxes due. Does that mean I owe that amount??

posted

Yes, taxes due means that you have a balance due to the IRS or state. It means that you didn’t pay enough taxes throughout the year on the money that you made.

For more information, refer to the TurboTax Help articles: Video: Why Do I Owe on My Tax Return?, How to Pay Taxes: 10 Ways to Pay Your Tax Bill and How can I pay my federal taxes?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

If one failed to make an IRA RMD for 2025 and have collected it in 2026, does one enter information ones 2025 tax return or should it be reported on the 2026 return?

in Retirement tax questions

Expert does your taxes

Do it yourself

Resources

Support

Taxes due. Does that mean I owe that amount??

Taxes due. Does that mean I owe that amount??

Taxes due. Does that mean I owe that amount??

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

Taxes due. Does that mean I owe that amount??

Do you have an Intuit account?

Taxes due. Does that mean I owe that amount??

Taxes due. Does that mean I owe that amount??

Unlock tailored help options in your account.

Get more help

Related Content