Submitted by one-eye-owl t3_1263ycv in personalfinance
prodiver t1_je8mcnj wrote
Reply to comment by i_identify_as_natty in My husband and I owe 22k in taxes but we only made a combine total of 75k by one-eye-owl
> Would that really add up to 25k or even 20k though?
By itself, no.
But the 25k would be the subsidy repayment, plus income tax on 75k income, plus self employment tax on OP's 11k income.
All that added together could easily be 25k.
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