Home > I owe, I owe, so off to work I go!

I owe, I owe, so off to work I go!

February 5th, 2024 at 12:57 am

Of course, I owe money again this year. I think my former part-time employer did not take out enough in federal taxes. Since we transitioned to the new company this year I can see that my federal taxes paid has increased. Hopefully, I won't owe as much next year.

I did move from the 22% marginal tax rate bracket to 24%.

Federal tax bill $2,941

State tax bill $694

Total owed $3,635

Thankful for the surplus I always seem to accumulate in my checking accounts. It will come in handy.

2 Responses to “I owe, I owe, so off to work I go!”

  1. mumof2 Says:

    we owed again this year upped how much they take out again so hopefully next year we won't owe

  2. terri77 Says:

    I ended up increasing my federal tax & state tax payments at my second job. Hopefully, this will keep me from owing this year.

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
Will not be published.

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]