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I am just starting my taxes - Turbotax. How could I possibly have any underpayment?

Forum|Forum|7 years ago
June 1, 2019
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TurboTax Deluxe Online

Best answer by TerryA

Pay no attention to any refund/balance due, except as a monitor that when you enter something it might change, until you have completed your return. For instance, you could enter just your W-2 wages and all of a sudden you owe $5,000 - well you aren't done yet, you haven't entered any tax withholdings. So wait until the end before swooning over the refund/balance due monitor 🙂

E

ehawes6bAuthor

And I am 86 years old and have been retired and on Social Security for a LONG time.

T

TerryAAnswer

Employee

Pay no attention to any refund/balance due, except as a monitor that when you enter something it might change, until you have completed your return. For instance, you could enter just your W-2 wages and all of a sudden you owe $5,000 - well you aren't done yet, you haven't entered any tax withholdings. So wait until the end before swooning over the refund/balance due monitor 🙂