Re: What did I do wrong to owe $531 when every other year it has been $0 0

What did I do wrong to owe $531 when every other year it has been $0 0

posted

Not enough tax was withheld on your income. This often happens when people change jobs or get a promotion that changes their income tax bracket.

You will want to fill out a new w4 with HR to withhold more money. The IRS starts charging penalties when you owe $1,000.

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What did I do wrong to owe $531 when every other year it has been $0 0