Why would I owe taxes?
Total Income this year was around $29,000.00. I am single and claiming only myself. Not married, not a homeowner, no children, ect. Federal Tax withheld for 2012 was around $1,800.00. When I do the Turbotax Federal it is saying I owe around $500.00. In the past, at this same job and same income I have gotten money back…is there a reason why this would change?
This question is in the General Section. Responses must be helpful and on-topic.