Question

Why do I owe over 1,300 dollars when I had taxes withheld from unemployment all year?

Forum|Forum|5 years ago
February 22, 2021
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Typically, when federal tax is withheld from Unemployment Benefits, it is done so at 10%. If you have other income, you very may have been in higher tax bracket. If this was the case then that could result in owing tax when you file unless you had enough withheld from other income to cover the shortfall.

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