2393395
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Investments: Stocks, Crypto, & More on July 16! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

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

What does TaxCaster Negative Amount Owed Mean

Hello:

 

I used TaxCaster to roughly try and find out if I will have to pay any fed taxes this coming season. The system gave me a value of "Amount Owed: -$526."

 

Does that mean I have to pay $526 in taxes or does it mean I will be getting $526 as money in a refund?

 

Thanks

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.

1 Reply

What does TaxCaster Negative Amount Owed Mean

Amount owed means you will OWE the IRS ... there is no refund due to you.

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