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January 21, 2021
Question

I’m trying to figure out what my tax liability is and how I should enter it in

  • January 21, 2021
  • 1 reply
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1 reply

Employee
January 21, 2021

The tax software will figure that out for you.   Enter all of your information.

 

 

HOW MUCH IS MY REFUND?  DO I OWE?

No one else can see your screen, your tax return or your account. But YOU can see it.

 

What does it say on the "refund monitor" on the screen?

Look at your Form 1040.  What do you see on line 34  Line 37?

 Line 34 is a refund

Line 37 is tax due that you have to pay to the IRS by April 15, 2021

 

PREVIEW 1040

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

 

What does the TurboTax summary show you?  What does it say in Tax Home?

What are your fees?  Are you having them deducted from your federal refund?  If so, then do some math.

How can I see my TurboTax  fees?  

https://ttlc.intuit.com/questions/2565973-how-do-i-review-my-fees-in-turbotax-online

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**