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Get your taxes done using TurboTax
My line 34 shows my refund amount and then 37 is blank . Therefor I don’t owe money ? How is that possible if I only paid $141.00 out of an unemployment income of $14,995.00 ?? Like it sounds wrong to me. Maybe I’m just not understanding correct I thought 10% of unemployment was taxable (federal ) so 10% of $14,995 is roughly $1,499.5 and if I only paid $141.00 wouldn’t that mean I owe roughly $1,358.5 ? I made sure to put aside money every week from unemployment to pay taxes ( I checked the box to have them withheld but I know that the extra money that gave us wasn’t taxed right away so I put aside 10% each week of that to pay tax season. I’m not sure if it’s IRS mistake or if I’m just wrong
February 3, 2021
9:44 PM