https://ttlc.intuit.com/community/taxes/discussion/taxes-owed/01/3622003#M1343999 <P>How can we find out why we owe so much this year in Federal Taxes and how can we prevent this happening again next year?</P> Wed, 02 Apr 2025 22:37:11 GMT nijinska2 2025-04-02T22:37:11Z https://ttlc.intuit.com/community/taxes/discussion/taxes-owed/01/3622003#M1343999 <P>How can we find out why we owe so much this year in Federal Taxes and how can we prevent this happening again next year?</P> Wed, 02 Apr 2025 22:37:11 GMT https://ttlc.intuit.com/community/taxes/discussion/taxes-owed/01/3622003#M1343999 nijinska2 2025-04-02T22:37:11Z https://ttlc.intuit.com/community/taxes/discussion/re-taxes-owed/01/3622011#M1344000 <P>When you owe taxes, it means that you didn’t pay enough taxes throughout the year on the money that you made. &nbsp;`</P> <P>&nbsp;</P> <P><SPAN style="color:#333333;">For more information, refer to the TurboTax Help articles:&nbsp;</SPAN><A href="https://turbotax.intuit.com/tax-tips/tax-payments/video-why-do-i-owe-on-my-tax-return/L2Q7kQ2Fv" target="_blank">Video: Why Do I Owe on My Tax Return?</A></P> <P>&nbsp;</P> <P>If you will be in the same situation next year, you may want to change the information on your Form W-4 to have more federal taxes taken out of your paycheck.&nbsp; Contact your payroll department to request a new Form W-4 to complete.&nbsp; Refer to the TurboTax article <A href="https://turbotax.intuit.com/tax-tips/tax-refund/top-5-reasons-to-adjust-your-w-4-withholding/L8Gqrgm0V" target="_blank">Top 5 Reasons to Adjust Your W-4 Withholding</A> for more information.</P> Wed, 02 Apr 2025 22:39:42 GMT https://ttlc.intuit.com/community/taxes/discussion/re-taxes-owed/01/3622011#M1344000 SharonD007 2025-04-02T22:39:42Z