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Hi! My tax due was much higher in 2020 than in 2019 (my income wasn't much higher) - were there any changes in taxes?

For federal tax specifically (NY state tax was about the same). My federal tax due was about 3x what I paid last year
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2 Replies

Hi! My tax due was much higher in 2020 than in 2019 (my income wasn't much higher) - were there any changes in taxes?

Check your total tax and amount withheld.  Usually, when amount due changes a lot it is because withholdings changed.  So tax bill isn't that different, but your remaining amount when up as you had more money during the year.

 

KrisD15
Employee Tax Expert

Hi! My tax due was much higher in 2020 than in 2019 (my income wasn't much higher) - were there any changes in taxes?

TurboTax supplies a 2-year comparison within your documents.

 

I suggest you look to see if you had a credit last year that you were not eligible for this year, such as Child Tax Credit or an Education Credit.  

 

@stephschoen90

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