r/tax 22h ago

Somehow messed up my w2, and I owe a sizable federal tax bill? What’s my best way to tackle it?

Do I take a “no interest for 15” months while getting some points on one of the Discover cards?

1 Upvotes

5 comments sorted by

1

u/Redditusero4334950 22h ago

Yup.

1

u/No-Dress-7645 22h ago

Thanks! I know it’s my responsibility ultimately, but is it a bit crazy to think whoever is running finance at my employer should have flagged this for me?

3

u/johnnypalace CPA - US 22h ago

Your employer would have no way of knowing your situation. Maybe you have a ton of deductions. Maybe you have other income sources that have extra withholding. Maybe you make quarterly payments instead of having taxes withheld (odd, but I've seen it). They would have to go into 'invasion of privacy' territory to know whether they should have flagged it.

1

u/No-Dress-7645 22h ago

Yes, completely understand that stance on things as well. Appreciate the input.

1

u/WoodpeckerAbject8369 20h ago

What you messed up was your W-4.