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What causes someone to owe money on taxes?
I just had my taxes done and found out that I owe the state $3. Not much, but enough to get me thinking. Any explainations on why anyone would have to OWE money?
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- urasyckmanLv 52 decades agoFavorite Answer
The IRS has a simple equation thus,
How much did you earn.....+
How much did you spend...-
Give us the rest...........=
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