My 2022 taxable is $6766 my tax is $2318! Why

posted

Look at Schedule 2 to see if your return is generating additional taxes. Key numbers on Form 1040:

Line 15 - Taxable Income

Line 24 - Total Tax - - this will include additional taxes such as Self-Employment tax, AMT, Excess Premium Tax Credits, etc.

Line 25 - Withholdings

Line 33 - Payments including Credits

Line 34 - Overpayments

Line 37 - Tax owed

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.