If you finish your tax return and are confused as to why you need to send the IRS a check, there is only one possible explanation for this: you paid less tax during the year than you owed for your income level. The more allowances you report on your W-4, the less tax that is withheld from your paycheck..
Related posts to why do i owe money on my state taxes
Question, answer Yes and make sure your nonresident state s are selected from the drop-down. Click Continue to return to the Your Personal Info Summary screen. After you finish your federal return, you'll automatically move to the State Taxes tab, where you'll see your nonresident state s listed in addition to your resident state..
With this exemption, no withholding is taken out of your paycheck for the state you work in. Important! Also ask your employer to withhold taxes for your resident state instead of your working state. If they can't or won't do it, you'll have to make quarterly estimated payments to your resident state or risk underpayment penalties come tax time..
Can you help me figure out why my state says I owe more money four years later after using Turbo Tax to do my taxes in 2013?.
There's no need to wait until your amendment has been processed, which can take months. When you mail in your amendment, include a check or money order for any owed tax. You can also pay any federal taxes due at /payments..