Does $5,409.76 Balance Under "You Owe" Section on IRS Website Mean I Owe Them or Getting a Refund for 2022?
Looking at my IRS account at sa.www4.irs.gov under "Details By Year" and I see a balance of $5,409.76 for 2022. Does this mean they already took the money out? My 2023 shows exactly $0.00 and 2024 says "Your Information Is Not Available at This Time" with a note that says "If you requested an adjustment to your account your information will not be available until that transaction is complete." Really confused about what this means for my refund status. I just logged into the IRS website and took a screenshot of what I'm seeing at 2:49. Here's what's displayed under "Frequently Asked Questions About Balances" and "Details By Year": Tax Year You Owe - 2024 INFO Income Tax i Your Information Is Not Available at This Time If you requested an adjustment to your account your information will not be available until that transaction is complete. 2023 $0.00 + 2022 $5,409.76 2021 The IRS website shows these balances under "You Owe" but I'm not sure if this is what I owe them or what they owe me? For 2022, does this $5,409.76 balance mean I owe the IRS this amount, or is this what they're supposed to be refunding me? I'm particularly confused because I thought I was getting a refund, not owing money. Also, what does it mean that my 2024 information isn't available? I recently submitted some paperwork requesting an adjustment - is that why it shows this message about "If you requested an adjustment to your account your information will not be available until that transaction is complete"? Can someone help me understand what these different year balances mean and what I should expect regarding my refund status?
13 comments
Jayden Hill
The IRS account details show three distinct tax years with different statuses: For 2022, there's an outstanding balance of $5,409.76 listed under "You Owe" - this is an amount you need to pay to the IRS, not what they owe you. The balance will remain until you make payment arrangements or pay it in full. The 2023 tax year shows a $0.00 balance, indicating you're completely settled with the IRS for that year - no outstanding debts or credits. For 2024, you're seeing a standard processing message stating "Your Information Is Not Available at This Time." This is normal since 2024 is the current tax year and any adjustments or processing is still ongoing. The note about requested adjustments suggests there may be pending changes to your account that need to be completed before accurate information can be displayed. The location of these balances under the "You Owe" section confirms these are amounts payable to the IRS, not refund amounts. The timestamp of 2:49 and the sa.www4.irs.gov domain indicate this is from the official IRS online portal.
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Isabella Tucker
oh man thats not what i wanted to hear 😠any idea how this happened?
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Jayden Hill
Could be several things - insufficient withholding, self-employment income, or missed deductions. You should pull your full transcript to see the details.
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LordCommander
Hey! Instead of trying to piece together whats going on, you should try taxr.ai - its this new tool that analyzes your transcript and tells you exactly whats happening. Its only $1 and totally worth it. Helped me understand my balance situation last week https://taxr.ai
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Lucy Lam
Is this legit? Sounds too good to be true
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LordCommander
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Aidan Hudson
just tried it - holy cow this is amazing! way better than spending hours trying to decode these transcripts myself 🙌
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Zoe Wang
been there! had the same thing happen to me last year. ended up setting up a payment plan, its not as scary as it seems
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Connor Richards
did you do your taxes yourself or use a tax preparer? might wanna have someone look over your return to see if there were any mistakes
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Isabella Tucker
used turbo tax... maybe that was my first mistake lol
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Grace Durand
oof welcome to the club 🤡 irs is always looking for ways to get more money from us regular folks
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Steven Adams
Call them ASAP! Sometimes these balances are errors. Had something similar and it turned out to be a mix-up with my w2s
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Alice Fleming
good luck getting through on the phone tho 💀
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