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If my federal tax witheld is less than the standard deduction why does it say I owe money?
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June 1, 2019
11:21 AM
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Get your taxes done using TurboTax
The standard deduction is subtracted from your INCOME. It reduces your amount owed owed by the percentage of the tax bracket you are in.
The federal tax withheld is part of your TAXES PAID.
June 1, 2019
11:21 AM