kjp90
New Member

Owe taxes when married filing jointly

In the past we always did married filing separately. This time we've decided to do jointly and to my surprise according to the calculations we owe over $5k in taxes, how is this possible? When I submit our W2s separately, we each get a refund but when combined - balance suddenly changes. Am I missing something? Can I still file separately in this case, even though our W4s are marked married filing jointly?