You would owe taxes because you did not make quarterly payments or have enough withheld to cover your tax liability.
Look at line 15 of your return. This would be your taxable income after your standard deduction.
Line 16 will show the tax that should have been paid throughout the year on that amount.
Line 33 will show your total payments made.
Assuming you have no credits or other deductions, if line 16 is higher than line 33, then you would owe taxes.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
