Fed Tax Amount
Last minute--did quick calculation of taxes--$2000 income, $17,000 deductions, but program calculates Fed tax as $135??
Last minute--did quick calculation of taxes--$2000 income, $17,000 deductions, but program calculates Fed tax as $135??
Would need more info and 1040 line numbers. Are you Single? Is 2,000 after deductions? Your deductions might be limited. Is this from W2 income or self employment on a 1099NEC? If you got a 1099NEC you owe self employment tax even if you don't owe any regular income tax.
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