Several days ago I did my taxes and I didn't make that much but I do t know why I owe so much
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There can be multiple reasons why the tax you owe went up. I expect that you are talking about the amount you owe as opposed to the total tax that was calculated.
These could be some of the reasons. Always look at what changed from last year to this year.
A little.the withholding went up a bit since last year but my income is myself and 2 dependents so I still don't understand how i owe almost what I received last year.i pay child support on 2 separate cases too so money is tight as it is and normally I don't owe.i feel like something is missing or put in wrong
There are three factors that will determine the size of your refund (or what you owe).
Your income determines the amount of tax you owe. This not only includes your wages, but also any other type of income you may have had. Based on criteria established by the IRS there are tables that determine the amount of tax that you owe. Double check your income entries and make sure they are correct.
The amount you had withheld generally come from your W-2 income; however, taxes can be withheld from other forms of income. If the taxes withheld is more than what you owe you will get a refund. If not, you will owe money. Again, double check your entries and be sure they are correct.
You can subtract Tax Credits from the amount of tax you owe. Here are some common Credits:
If you look on your tax return FORM 1040 you can check these entries.
Compare your tax credits to what you had last year. This is the most likely place for a large amount to be.
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