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2 replies

DoninGA
Level 15
Level 15
June 1, 2020

It means that you owe taxes and are not receiving a tax refund.

VolvoGirl
Level 15
June 1, 2020

Your withholding (W2 box 2 or 17) and any credits you qualify for are not enough to cover the total tax on your income.  You might want to adjust your withholding at work. Or did you have a one time big increase in income like a IRA or 401K withdrawal?