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June 1, 2019
Solved

I'm fling an extension though I've done most of the work. Are taxes for extensions higher than actual calculations? I owe ~$1500 for the extension, though show a refund

  • June 1, 2019
  • 1 reply
  • 0 views

Turbo tax is showing an estimated tax of $1454 but the top of the page says I have a $6 refund.  I have negative income in GA (not my state of residence, just have income there)

Best answer by SDBaldie

Hi - there shouldn't be a difference between the number that shows in the refund monitor of TurboTax and the number in the extensions experience. If you don't owe taxes, then you don't need to make a payment to file an extension. Hope this helps. 

1 reply

SDBaldieAnswer
Employee
June 1, 2019

Hi - there shouldn't be a difference between the number that shows in the refund monitor of TurboTax and the number in the extensions experience. If you don't owe taxes, then you don't need to make a payment to file an extension. Hope this helps.