My wife and I keep owing a ridiculous amount in taxes. Last year it was $1500 this year its $2500. We each have 1 job and make $65k each. Married filing jointly. No dependents, children, other forms of income, ect. Super basic. Standard deduction. We both filled out a new W4 last year and checked box C stating we both work and make similar pay. How in the world are we owing $2500 in underpaid taxes? I thought the new w4 was supposed to more accurately account for withholdings?
