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Reply to "Huge (for us) tax bill. What went wrong?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Are you making that income for the first time? Is it the first time you owe so much in taxes? How come you didn’t realize that your take home per pay period had increased by that much? 25k is an insane amount to owe at that income. [/quote] No, same amount last year and we owed $6k. So we adjust up and now here we are with $26k. No investments minus 401(k). [/quote] And you didn't notice that your take home paycheck was substantially higher than last year? The blame is entirely on you. I would understand if the difference was lower, $2k or $3k. But $25k??? There is no way you missed that on your paycheck. [/quote]
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