Submitted by [deleted] t3_10nz3xx in personalfinance
Enough-Ad-5528 t1_j6by7t9 wrote
Reply to comment by ichosetobehere in Owe almost 10k in federal income taxes? by [deleted]
Did you enter your income from the previous job and the tax withheld from that in the portal for the new job? If not then the new job would assume your yearly income to be much less (since you started mid year) and your tax withholding would be lower than what it should be when consider both incomes.
ichosetobehere t1_j6byl8k wrote
I'm not sure I had a place to do that, my withholding still seems wonky for this upcoming year... the old job over withheld payout and was a smaller % of wages
Beanermoo t1_j6cxnk5 wrote
This likely contributed to the issue and is so easily overlooked. I hate how easily it is to fuck yourself in our tax system. It's probably worth paying a CPA to verify just for this year for peace of mind alone.
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