I just got a letter from the IRS saying I owe over $2000 in taxes plus a few hundred more in interest from 2020, even though in that tax year I only worked from October making minimum wage for my state (NH, so $7.25 an hour, 40 hours a week) with a W2 job after graduating college. That was my only source of income. I'm pretty sure I barely made a few thousand dollars that year, so how could I possibly owe this much in federal income taxes?
original posted by ComprehensiveWin4867 to r/personalfinance on Sat, 16 Mar 2024 23:36:20 GMT.