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ichosetobehere t1_j6c1txe wrote

Reply to comment by Rave-Unicorn-Votive in Owe almost 10k in federal income taxes? by [deleted]

I have a very basic situation, single, standard w2 income, some interest and dividends from savings/brokerage accounts. 1 & 2 were around 200 and 38. Default withholding seems very low

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Rave-Unicorn-Votive t1_j6cu9rh wrote

The total tax liability on $200k is ~$44k, so if you had $38k withheld and still owe $10k you either have a typo in the data entry or you are grossly understating "some interest and dividends".

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MarcableFluke t1_j6c4onv wrote

You only made $200 in taxable income last year? How much did you make from interest and dividends?

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