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June 24, 2024
Question

Has anyone ever owed more on their state taxes than their federal when they file?

  • June 24, 2024
  • 3 replies
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3 replies

Employee
June 24, 2024

That would not be unusual since the federal return often has more credits and a higher standard deduction than some states. 

M-MTax
June 24, 2024

That would not be unusual since the federal return often has more credits and a higher standard deduction than some states. 

Yes definitely and also some types of income like muni bond interest is federally tax-free but taxed by most states.

rjs
Employee
June 24, 2024

The amounts you owe for federal and state tax have nothing to do with each other. The amount you owe on each tax return is basically your total tax minus the amount you had withheld during the year. Those amounts will be different for federal and state, and one has nothing to do with the other. So either one could be higher than the other. Some people even owe the state and get a federal refund, or owe federal tax and get a state refund.

 

VolvoGirl
Employee
June 24, 2024

I would compare your state return with last year’s State return and see what changed.  Maybe you will spot something you left out or entered wrong, if anything.