Submitted by [deleted] t3_zyiqwx in personalfinance
suboxhelp1 t1_j262ntq wrote
Reply to comment by [deleted] in Owe taxes this year? by [deleted]
What is your gross income, federal withholding, and FICA withholding at YTD?
[deleted] OP t1_j262uw4 wrote
[deleted]
suboxhelp1 t1_j2639bp wrote
By my calculations, you’ll owe about $70.
[deleted] OP t1_j2647u5 wrote
[deleted]
suboxhelp1 t1_j264ho1 wrote
You'll have to adjust your withholding amounts. Since you had 3 different jobs, it sounds like it wasn't withholding correctly since each job assumed you didn't make any other income for the year. If you switch jobs during the year, you have to correctly indicate on your W-4 so that the new employer knows how much to withhold.
Viewing a single comment thread. View all comments