Submitted by [deleted] t3_10nz3xx in personalfinance
ichosetobehere t1_j6bwbqk wrote
Reply to comment by blakeh95 in Owe almost 10k in federal income taxes? by [deleted]
what does doing it "incorrectly" mean? Not requesting additional withholding?
ResidentAssumption4 t1_j6bxkvm wrote
If you claim like 6 dependents when you should be claiming 0, that would be incorrect.
What are boxes 1 and 2 on your W2? You might have entered something incorrectly in TurboTax assuming you did pay the expected amount of income tax.
Taxes suck. I’ve gone through and made mistakes that gave me an initial heart attack.
doktorhladnjak t1_j6bxl81 wrote
Many things could go wrong. Two main ones are not including your spouse’s job on the form if you are married, or not including a second job if you are single or married.
blakeh95 t1_j6e8zwq wrote
Married without checking the “spouse works” box.
2 jobs without doing the same.
Claiming “1” on the new form would do about $2,000 of underwithholding. It wasn’t right on the old form either, but a lot of folks had it drilled into their heads to put either “0” or “1”.
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