Why You May Owe Taxes This Year

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  • เผยแพร่เมื่อ 23 ก.ค. 2024
  • Why do you owe taxes this year instead of getting a tax refund? Here are 4 possible options.
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    Mike Bernard, CFP® offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.
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ความคิดเห็น • 19

  • @tlvdatsi12
    @tlvdatsi12 4 หลายเดือนก่อน +10

    Everyone that I know owes taxes this year. I owe for the first time in my life. I was shocked that I owe $5000. A friend of mine owes $3000.

    • @ladycrystal3293
      @ladycrystal3293 3 หลายเดือนก่อน

      This is insane we have never owed either … now $3000 totally insane!! 😢. Obama care affordable care also killed us!

  • @GerroxJr1
    @GerroxJr1 4 หลายเดือนก่อน +5

    This did nothing for me. I made $55k in W-2 income and $6k in 1099 income, no deductions, no stocks, no nothing and I still owe $1,600 in federal. I'm getting back $200 in state taxes this year.

    • @kodylaclair961
      @kodylaclair961 4 หลายเดือนก่อน +4

      i made $45k, claim zero, single, no kids. i still owed $700. i'm getting $150-200 in state. they garnished my federal return of $520. fucking ridiculous. ive never had this happen. shit makes no sense to me.

  • @Piccolo_Re
    @Piccolo_Re 3 หลายเดือนก่อน +4

    Everyone is going to keep owing more money if the government keeps printing more. I’ve never owed in 10 years my working life, and now I do this year.

    • @Letracista819
      @Letracista819 3 หลายเดือนก่อน

      Same here wth

  • @backwardsmachining7526
    @backwardsmachining7526 3 หลายเดือนก่อน +2

    Yup I see the pattern, everyone I know says they owe massive amounts of taxes. Same people didn't owe last year, including myself. So yea we got screwed no matter how you want to explain it.

  • @AdrianRConant
    @AdrianRConant 3 หลายเดือนก่อน +2

    It turned out that I owe $2300 aprox. this year. I was expecting a refund. 😂

  • @Noegusis
    @Noegusis 3 หลายเดือนก่อน +2

    I was supposed to be getting $1,200 but nope, the health care marketplace credits garnished everything and now I owe

    • @kodylaclair961
      @kodylaclair961 3 หลายเดือนก่อน +1

      They garnished $700 out of 800 I was supposed to get back, won't tell me what I owed for, and they still haven't given me the $100 and its been almost 3months. Fucking insane

    • @ladycrystal3293
      @ladycrystal3293 3 หลายเดือนก่อน +1

      This is sooooo insane… the healthcare is making us owing $3000 this year! 😢

  • @LeeroyPaladin
    @LeeroyPaladin 3 หลายเดือนก่อน +7

    Instead of getting a refund we have to pay for all the money and weapons being sent to Israel/Ukraine

  • @brucealvarez9263
    @brucealvarez9263 5 หลายเดือนก่อน +2

    How does one know if they are getting health care credits? Does the IRS send a form of some sort?

  • @dylankaylor6994
    @dylankaylor6994 2 หลายเดือนก่อน

    Bs I made less and usually get a100 return this year I owe no extra money made this year, on top of that I paid the 50 I owed but they refused it said it was a fake payment and charged me an extra 25

  • @CFHDime
    @CFHDime 3 หลายเดือนก่อน +3

    FJB!!! That’s why

    • @yellabeezy96
      @yellabeezy96 3 หลายเดือนก่อน +1

      Exactly I definitely had that feeling