You would likely have taxes from non-earned income sources to owe that much in taxes. I suggest you look at your Form 1040 and Schedule 2 Additional Taxes. You need to look at the income reported on the first page of your Form 1040 to see if there is unearned income that is increasing your tax burden. Also, look at the additional taxes reported on schedule 2. A possible culprit is self-employment tax as reported on line 4 of Schedule 2. It can be around 15% of your self-employment income.
To view your form 1040 and schedule 1 to 3:
- Choose Tax Tools from your left menu bar in TurboTax Online
- Choose Tools
- Choose View Tax Summary
- See the Preview my 1040 option in the left menu bar and click on it
- Choose the Back option in the left menu bar when you are done
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