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Much higher tax owed this year.
I'm attempting to prepare my 96 yr. old mother's taxes, which I did for her last year after my father passed away in Nov. of 2022. Last year, their combined AGI was just over $109,000, and she received a refund of about $4,400. This year, with her income from Social Security, Investments, and income from my Veteran father (DFAS), the AGI was $75,854, and it shows her owing $3,585. This seems like a big difference, and I wonder if I've done something wrong. Can anyone give me advice, or if further information is needed, I can provide it. Thanks for any advice!
March 12, 2025
3:00 PM