Deductions & credits

@LindaS5247 , @DaveF1006,  @JohnB5677 

 

Hi,

So, does it make sense that this year I earned 11k less than last year, but I owe about $100 more?

There are some credits that seem to not apply because my taxable income is zero (including that QBI)..

so - does this make sense? Last year my taxable income wasn't zero. This year, after the deduction, it is.

 

Also - why would I owe a penalty for not withholding during the year...I didn't do so last year and I don't believe I had to pay a penalty.

 

Thanks so much for your continued support. I am hoping to just wrap this up now -  I thought about adding the live help - but if I could save that additional expense, that would certainly help.

 

Kind regards..