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New Member
posted Jan 21, 2021 2:19:17 PM

I paid almost the same percent in taxes in 2019 that I did in 2020 and yet I owe significantly more this year. Why is that?

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1 Best answer
Expert Alumni
Jan 21, 2021 2:37:59 PM

Without reviewing your income tax return, it would be hard to determine why the amount you owe is significantly more.  

 

However, here are some factors that could cause the difference:

Again, there are several reasons for the difference.  Compare your 2019 and 2020 returns line by line and see what is significantly different.  

1 Replies
Expert Alumni
Jan 21, 2021 2:37:59 PM

Without reviewing your income tax return, it would be hard to determine why the amount you owe is significantly more.  

 

However, here are some factors that could cause the difference:

Again, there are several reasons for the difference.  Compare your 2019 and 2020 returns line by line and see what is significantly different.