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October 3, 2020
Question

error in TurboTax.

  • October 3, 2020
  • 1 reply
  • 0 views

The running display at the top of the page which shows the Federal and State Tax owed as you work your way through the return shows a Federal Tax  of -744.  When the summary of the return is shown it says the federal tax owed is 744.  This is based on what Turbo Tax says is a net taxable income of $0.0  Not sure whether to submit the return or not

1 reply

DoninGA
Employee
October 3, 2020

You received answers on your prior post for the same subject here - https://ttlc.intuit.com/community/tax-credits-deductions/discussion/federal-taxable-income-is-0-yet-federal-tax-due-says-747-haw-can-that-be-true/01/1727867

 

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