Taxes owed

Forum|Forum|1 year ago
April 2, 2025
1 reply
0 views

How can we find out why we owe so much this year in Federal Taxes and how can we prevent this happening again next year?

Ask the Experts - MetLife VIII - April 2025

SharonD007

When you owe taxes, it means that you didn’t pay enough taxes throughout the year on the money that you made. `

For more information, refer to the TurboTax Help articles: Video: Why Do I Owe on My Tax Return?

If you will be in the same situation next year, you may want to change the information on your Form W-4 to have more federal taxes taken out of your paycheck. Contact your payroll department to request a new Form W-4 to complete. Refer to the TurboTax article Top 5 Reasons to Adjust Your W-4 Withholding for more information.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"