Hello, my spouse and I are filing jointly for 2023 tax return. We have a combined AGI $222,000 with a standard deduction of $27,700. $194,000 is taxable and $33,000 tentative tax and total payments from our end are $30,900 from our summary page leaving a difference of $2,100. Our W4 filing status is Married "0". TurboTax software is stating, we owe $2,100 in federal taxes. I understand that more money equals more taxes but why is this the case if we both filed a "0" on our W4? I was thinking of applying the capital gain loss carryover from 2022 tax year. Any thoughts or reasons into why this is high and ways I can reduce the taxes owed? Thank you!
