Why do I have owe amount $103 this year that I am doing my taxes from last year? I was never mentioned or had pay owes since the year 2009 that was done on 2010 W-2

[xmasbaby0]

We cannot see your screen, your return or your account.  Have you entered ALL of your 2024 information?  All your income, etc.?  

There are a lot of variables that affect your refund or tax due including how much you earned, how much tax you had withheld, your filing status, the number of dependents you claim, your deductions and credits, etc.  You may have lost Earned Income Credit or the Child Tax Credit— did a child turn 17?  If you received the EIC last year, remember that changes in the amount you earn have a big effect on the amount of EIC you can get. (Sometimes earning more money means less EIC)  Are you 65 or older ?  If so, your standard deduction is higher. Everyone has a higher standard deduction now so it is harder to use itemized deductions.

And of course, always check your own data entries, looking for errors such as misplaced decimals or extra zeros.

https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refund-go-compared-last-year/...

Print out 2023  and 2024  and compare them side by side to see what is different. 

https://turbotax.intuit.com/tax-tips/tax-payments/video-why-would-i-owe-federal-taxes/L3VXudPiN

[Vanessa A]

Every year is different. If you made slightly more this year and didn't have enough extra withheld then you would owe taxes. Or, you could have received the Earned Income Tax Credit last year and earned just enough more that you don't qualify this year.   What happened in the past years does not affect this year.  You could potentially get a refund one year of $10,000 and then the next year owe $4,000.

The best thing to do is take a look at your return from last year and compare it to this year line by line to see what may have changed. Pay special attention to things like your income and credits and also the amount you had withheld last year compared to this year. 

Video: Why Would I Owe Federal Taxes?

1. From the left rail menu in TurboTax Online, select Tax Tools (You may have to scroll down on the left rail menu.)
2. Select Tax Tools 
   
3. On the drop-down select Tools 
4. On the pop-up menu titled “Tools Center”, select View Tax Summary 
5. On the left sidebar, select Preview my 1040