I can't see your tax return, but there are a few things I noticed when you posted your question.
- You made a combined total of $140K.
- Was that all earned from one job, or was it multiple jobs.
- You said you claimed Married "0". Did you account for the other persons income?
- The IRS has a progressive tax table.
- The more you make the higher percentage of tax you pay.
- If you didn't indicate that your partner was working, Both tax withholdings start out with "0" withholding.
- For a married couple the tax rate for $83,550 is 22%.
- If one of you earned $83,550 or more, any balance plus all of your partners income is taxed at 22% or more.
- You said that you had $30K in stock losses.
- The maximum deduction for Capital Losses is $3,000 per year.
- You can also use the loss to offset any Capital gains, plus the $3,000 deduction.