I changed my withholding last year to Single 0, My wife changed her's to Married 0 -- Because we got hit with a 1,600.00 owe for both Federal and State. In the past, we usually got a refund. This year it jumped to 4,674? -- we just don't have that kind of cash available to meet this obligation. Did I do something wrong, seems like a big hit. The only thing I can think of it my soon to be 21 year old son, we no longer can claim as a dependant. My 23 year old daughter recently graduated from college in June and got married in August, we no longer can claim her or get the tuition credit. In addition, I received just over 4,000 from a retirement plan. Our income and adjustments were 153,759 taxable 129,359. Hard to believe we still owe so much. Any ideas or suggestions?
