3196380
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.

What does the numbers at the top mean when it says "Federal Due"?

 
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 Best answer

Accepted Solutions
SusanY1
Expert Alumni

What does the numbers at the top mean when it says "Federal Due"?

This would indicate that your withholding and other tax payments made throughout the year are not sufficient to pay your taxes for the year.  

 

If you've finished entering all of your data, TurboTax will assist you with the different options available to make your payment to the IRS during the final steps. If you've not finished entering all of your tax information, this number may change as your return is finalized. 

You will have until April 15 to pay the tax due without incurring any interest or penalties.  If you're not able to pay the tax in full by that time you should still file the return as there are separate penalties for paying late and filing late, and the penalties for filing late are steeper.  

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

View solution in original post

1 Reply
SusanY1
Expert Alumni

What does the numbers at the top mean when it says "Federal Due"?

This would indicate that your withholding and other tax payments made throughout the year are not sufficient to pay your taxes for the year.  

 

If you've finished entering all of your data, TurboTax will assist you with the different options available to make your payment to the IRS during the final steps. If you've not finished entering all of your tax information, this number may change as your return is finalized. 

You will have until April 15 to pay the tax due without incurring any interest or penalties.  If you're not able to pay the tax in full by that time you should still file the return as there are separate penalties for paying late and filing late, and the penalties for filing late are steeper.  

**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