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New Member
posted Aug 2, 2021 8:07:06 PM

Why is my balance due for 2020 so high whereas I had a lower income in 2020 compared to 2021?

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1 Replies
Level 3
Aug 3, 2021 10:45:16 AM

Thank you for your question.

 

If you would like to see a breakdown of your tax return (and taxes owed),follow these instructions:

 

1) Open your TurboTax return

2) Click on Review on the left hand side of the page

3) Click on Bottom Line (Tax Summaries)

4) Click on Detailed Tax Summary; there, you will find a breakdown of total income, net income, taxable income, tax credits and ultimately your taxes owing.

 

For more information, please see the link below:

 

Paying your 2020 taxes owing

 

If you have any questions, you can contact our phone support team or contact us via private chat on Facebook or Twitter.