Submitted by one-eye-owl t3_1263ycv in personalfinance
buried_lede t1_je87jnz wrote
Reply to comment by one-eye-owl in My husband and I owe 22k in taxes but we only made a combine total of 75k by one-eye-owl
There is something way off with the insurance calculations. Does the exchange know what your income was? You made less in 2022, right? And the health exchange was updated on your income, right? And you downloaded the tax credit form that the exchange generates each year?
It might be worth it to go to an actual cpa to sort this out for you this time and get you on the right track for next year. A cpa- certified public accountant.
You can try the online tax programs yourself first to see if anything obvious pops up but it sounds like a cpa would really help you. Ask around for recommendations for a cpa where you live.
Is your husband self-employed?
one-eye-owl OP t1_je87uvx wrote
hello, thank you for the advice.
he is a w2 employee. We are going to get out paper work back and file an extension to sort this out
buried_lede t1_je8b69a wrote
W2, hmm it sounds like something is very wrong. You might not need an extension. A cpa could probably sort it out quickly
Good luck! Don’t lose hope or stress out. It could end up being what it sounds like, an error.
Viewing a single comment thread. View all comments