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Level 2
posted Apr 9, 2023 12:16:06 PM

Why am I owing almost $1000?

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1 Replies
Expert Alumni
Apr 9, 2023 12:44:16 PM

Unfortunately, we cannot see your tax return to analyze it, But you can take a look at it and see if something jumps out at you.  It may have been a posting error.

Also, did you have multiple jobs in 2022, or self-employment income.  Both of these can through your taxes out of wack.

 

You can preview your tax return by going to:

 

  1. On the menu bar on the left that shows.
    1. My Info
    2. Federal
    3. State
    4. Review
    5. File
  2. Select Tax Tools
  3. On the drop-down select Tools
  4. On the popup menu
  5. Select View Tax Summary
  6. On the left sidebar
  7. Select Preview my 1040.
  8. Schedules 1,2&3 are included if you scroll down past your 1040.
  9. To return to the entry screens press Back on the sidebar.

Some key numbers on your 1040 tax return are:

Line 15 - Taxable Income

Line 24 - Total Tax.

Line 25 - Withholdings.

Line 33 - Payments including Credits.

Line 34 - Overpayments.

Line 37 - Tax owed.

 

If I've misunderstood your question, and this does not completely answer it, please contact us again and provide some additional details.