Is it normal that my federal taxes due amount is written in red?
Is it normal that my federal taxes due amount is written in red? Or does it means that something is wrong? Thanks
Is it normal that my federal taxes due amount is written in red? Or does it means that something is wrong? Thanks
If it's red, then that means that you owe federal taxes - as in, you aren't getting a refund, you will have to send the IRS that amount of money that shows in red. That doesn't mean that anything is wrong - but if that is an unexpected result then you may want to review some of your entries or compare this year's return to last year to see if there are any glaring differences.
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