A Microsoft account is a platform where you can access all your Microsoft products and services subscription-related details. To access this account, you need to enter an email address or phone number, and a password. If you enter this incorrect, then you will see an “incorrect password” error.
To fix this issue, make sure that there is no error in the password you have typed. In case, if you forget this password, then reset the Account Live password by visiting the account.live.com/password/reset page. Here, you will have to enter your registered email address or phone number, and click Continue.
You will be redirected to a new window asking you to provide the one time code Microsoft has sent to your provided email or contact number. Get the code, and then paste it on the password reset page. Click Continue and then enter a new password for your account. Type the new password once again to confirm.
You can now access your account like before. During the Account Live password reset process, if you experience any error, then call Microsoft customer support number and get the resolution from a certified technician.