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re: First time ever I owe taxes
Posted on 3/24/24 at 9:20 pm to dallastiger55
Posted on 3/24/24 at 9:20 pm to dallastiger55
It’s hard to give weigh in on this without knowing your agi over the last 4-5 years.
But sounds like you’ve gotten steady raises and never adjusted your withholding.
Church donations usually won’t have any effect unless you gave more than the standard deduction, which this year is 27,700 for married filing jointly.
But sounds like you’ve gotten steady raises and never adjusted your withholding.
Church donations usually won’t have any effect unless you gave more than the standard deduction, which this year is 27,700 for married filing jointly.
2
Posted on 3/24/24 at 9:29 pm to horsesandbulls
Isn't your withholding a percentage of your income? So shouldn't it still be the same even if he's gotten raises?
Posted on 3/25/24 at 2:06 am to horsesandbulls
quote:
But sounds like you’ve gotten steady raises and never adjusted your withholding.
Believe i may become a member of the first time i owe taxes club this year. The raises have come but it's hard to adjust the withholdings when everything keeps going up price wise. We will find out real soon when we do our taxes in the next week.
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