Hey everyone,
I was living in Georgia for most of 2020, until the end of October and then I moved back to Canada.
I was full-time employed by an employer while living in the Georgia prior to moving back.
I started my own business in Canada and had income in Dec 2020. I understand I'll need to report that income on my 2020 US Tax Return with TurboTax - but prior to adding my own business income in Canada to my return, I was owed about $2527 in Federal and $302 in State as a refund. I had an income of $25,000 in December, and that made my Federal Tax due $5,824 and State tax due of $1,116.
How could there be approximately increase of $8300 in federal tax and $1400 in State tax in an amount of $25000 ? I must be filling this out wrong somehow?? Thanks for any help.
