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Issue with calculated taxes
My calculated tax is saying I owe $2500 for 2021 with $47,000, however I am filing married jointly and should be calculating based on my gross minus my standard deduction, right? So I should only owe around $300, right? I have my wife's freelancing income listed, but she only made $500 during the year, and I don't think 14% of $500 is making the difference. I'm not super savvy with taxes, but when I put everything into H&R Block's software, it says things differently.
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‎January 21, 2022
6:23 PM