How can I owe 159,000.00 when I only made 15,747.00??

Forum|Forum|1 year ago
January 18, 2025
2 replies
35 views

The return states that I owe 159,00.00 dollars when I'm on soc sec disability and only brought home 15747.00 from my job??

xmasbaby0

Level 15

Check your own data entries and look for misplaced decimals and added zeros. The decimal and comma are right next to each other on the keyboard---so it is easy to hit the wrong key and throw the calculations way off.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

SteamTrain

Level 15

Yep, you probably hit the wrong key for one of your income entries and have a half million or so in income indicated. Could be in wages, or interest, or dividends...etc...etc

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*