Re: 0 dependents on W-2, still paying high taxes



Les Ismore wrote:

Hi:

I am married and have two kids. My wife works as well. We earn average
salaries for people in the IT industry.

Come on, the "IT industry" includes everyone from senior/management database administrators and security gurus, to people who open the shipping boxes from Dell and connect the colored cables into the right hole. Is your joint income from wages closer to $100K, or $200K?

end of the year or we should be expecting a refund. However, when I
entered all the information in TaxCut, it shows that I owe almost
$3000. What's up with that? We have a house and we have entered the
mortgage interest we paid along with the real estate taxes.

Do you have an amount showing for AMT?

-Mark Bole



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