We can't see your return to do an analysis, but you can look at your tax return.
The most common reasons for owing additional taxes from previous years.
- A posting error on income or withholdings may have occurred.
- A credit that you got in the previous year was not included this year.
- You may not have qualified.
- You may not have requested it.
- Did you have dependents that didn't qualify this year?
You can view your 1040 tax return and the supporting three schedules in the online version of TurboTax.
- On the left menu, scroll down to Tax Tools.
- If necessary, click the side arrow and select Tools.
- A box will appear in the middle of the screen.
- Select View Tax Summary.
- A tax summary will appear.
- On the left side menu bar, select Preview My 1040.
- This will bring up a copy of your 1040 Tax return.
- If you continue to scroll down, Schedules 1,2 & 3 are available if they are required.
Some key numbers on the form are:
- Taxable income is line 15
- Total tax is line 24
- Federal Income Tax withheld is line 25d
- Tax credits are listed on 27 - 30
- If there was an underpayment, there may be a penalty
- Refund is posted to line 34
- The amount you Owe is line 37
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