1. Many, many taxpayers have noticed their taxes increase this year. This is often due to the ending of the pandemic tax benefits by the end of 2021.
2. It is common for taxpayers with multiple jobs to under withhold and thus owe tax at tax time. This is because the withholding for one W-2 assumes that this is your only job, and uses the withholding appropriate for a lesser income. So three jobs just digs you in a bigger hole, unless you change the withholding in one or more jobs.
3. Right now, take a look at the IRS Tax Withholding Estimator, and see if it will help you adjust your withholding. Of course, you can always skip that and just make an additional estimated tax payment online at the IRS website.
As for the PTC, when you end more at the end of the year, it's generally because you underestimated how much income you would have this year. NOTE: when you have life changes, like another dependent (or losing one), or a new job, you need to call the Marketplace and review your situation so that the amount of PTC is appropriate.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
