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Why do I owe so much in federal taxes this year?
I owe $15K more in federal taxes this year compared to last year. Can someone explain to me why? My wife and I didn't change anything on how we file. We did make more money than last year but the federal tax with held was significantly less. Does anyone know why this would have happened and what can be done so there is no surprise like this again next year? Thank you.
‎April 9, 2024
4:38 PM