Why would I have paid less tax during the year than my income level?

Forum|Forum|3 years ago
January 24, 2023
2 replies
5 views

I stayed within the same corporation, but had a change in position that came with a new salary. This change happened halfway through the year, but I don’t understand how this would cause me to owe taxes?

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xmasbaby0

Level 15

When your income changed did you change your tax withholding? Maybe you need to give the employer a new W-4 and have more withheld.

https://www.irs.gov/individuals/tax-withholding-estimator

https://www.irs.gov/pub/irs-pdf/fw4.pdf

**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.**

32raya74Author

Level 2

I didn’t even know that was a thing. I don’t ever change anything, but I do remember refilling it out when my job changed and nothing was different. I assumed they would take out the appropriate taxes.