turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

David-M1x
New Member

Turbo tax 2023 premier Tax due display grossly incorrect

I started entering my 2023 tax information. Federal tax due display says I owe $14,930,178. State tax owed is $2,470,670. That is way out of wack for my retirement income! Turbo tax is prior years (2020, 2021,2022) did not have this problem.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Turbo tax 2023 premier Tax due display grossly incorrect

Sounds like you entered income incorrectly on one of the forms or there is a misplaced decimal point or a comma used instead of decimal point.  Go back and review your income entries.

MonikaK1
Employee Tax Expert

Turbo tax 2023 premier Tax due display grossly incorrect

In addition to following the suggestions provided by @DoninGA, check to see that you entered your payments, including estimated payments, correctly in TurboTax, along with your deductions and credits. Also, verify that each income item was entered only one time. Sometimes users manually enter an income item that was also imported.

 

See also this TurboTax help article for additional common explanations as to why a user may owe more tax than expected.

 

@David-M1x

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

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question