Why do I owe federal again this year even my boss doesn’t know why they aren’t taking enough money from my checks because everything is set up correctly

[davidmcbrayer18]

Every year since I started working federal hasn’t been taking enough out of my checks I’ve called the irs they put me on hold an eventually hang up. I talked an had others review my tax documents and everyone says it is setup to take enough out but never does

[VolvoGirl]

You can give your boss a new W4 to have more taken out.  You can even add an extra amount in step 4.

https://www.irs.gov/pub/irs-pdf/fw4.pdf 

Do you have any other income?  What is your filing status?  Are you a dependent?  You might not be getting some credits you are expecting?  

[LindaS5247]

As noted above by VolvoGirl, there are many factors involved to determine what you owe for federal taxes, or if you owe more federal taxes than you expected.

These include the following:

Additional Income: 

Did you have any new sources of income? 

You made more money at your job, such as overtime.

If you work multiple jobs, you may have to change your withholding.

Did someone in your household start working or change jobs?

The TurboTax W-4 Withholding Calculator is a free tool to help you find the right withholding. 

Less Deductions:

Did you donate less to charity?

Did you not make an IRA contribution?

Did you move to another state?

Did you have less medical expense deductions or less mortgage interest?

Fewer Credits:

If your income has increased, your Earned Income Credit may have gone down.

Did you have education credits that have gone down or ended?

Did your Child and Dependent Care credit change? You had more income or your children are older.

Was your Child Tax Credit affected by your income or the age of your children?

Filing Status:

Changing your filing status has a big impact on your taxes.

If you have changed your filing status from married filing jointly to married filing separately it will have a big impact on what you owe.

If you experienced any of these changes during the tax year it would have impacted what you owe.

Click here for additional information on why you may owe more taxes.

Click here for more detailed information on why you owe federal tax.

[davidmcbrayer18]

My filing status is single an no I’m not a dependent. I even claimed my overtime on it, but without it I would be paying double the amount it’s telling me to pay now

[JohnB5677]

Do you have other income other than your W-2.  If you don't have taxes taken from that other income, it will cause a withholding shortfall.

I still suggest that you complete a W-4 for your employer, as VolvoGirl suggested.