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Why is it saying I owe 98,121 for federal when I only made under 60 thousand this year

 
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2 Replies

Why is it saying I owe 98,121 for federal when I only made under 60 thousand this year

Sounds like you may have put a decimal or comma in the wrong place.  Go back through your income to make sure it shows the correct amount.

Why is it saying I owe 98,121 for federal when I only made under 60 thousand this year

..review ALL yoru income entries on the Wages&Income page.  You may have missed the decimal point in an entry.   Missing the pennies decimal point can turn an entry of (single-digit) thousands, into hundreds of thousands.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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