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I am trying to figure out why I owe the IRS money from my 2020 taxes I had to amend my 2020 return to add a w2. Please help

 
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I am trying to figure out why I owe the IRS money from my 2020 taxes I had to amend my 2020 return to add a w2. Please help

Did you have a refund on the original return?  Do not amend until you get the first refund.  After entering the new W2 you should have gotten a smaller refund (which is common) so you owe the difference back.

 

When you have more income you owe a higher tax combined.  Because you only get one standard deduction no matter how many W2s you put in. Turbo Tax starts out by giving you the Standard Deduction.  You entered more income when you entered the second W2 but you didn't enter more deductions.  And each job only withheld taxes like it was your only job for the year.  You might want to adjust your withholding.  Also as you add more income you might not be getting as many credits as before like the EIC credit.  And it was probably giving you the EIC credit until you went over.

I am trying to figure out why I owe the IRS money from my 2020 taxes I had to amend my 2020 return to add a w2. Please help

I did receive my first refund. I did receive the EIC but not the Child tax credit. I did make a lot last year due to the covid and i filed one job which I workef three months and the unemployment

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