TAX QUESTION: I am completely confused on why I owe on federal taxes...HELP PLEASE!?

you are probably in a higher tax bracket when both are added and did not pay enough taxes during the year. It can easily happen with more than one employer.

Nooooo, not the $880 refund, because separately, each one figured in the standard deduction but you only get that once for the year - not on each employer.

Did you do your previous years taxes with separate figures ?

The IRS may be coming to audit you for double claiming the standard deduction !

Additionally , the 2 together put you in a higher bracket, which means a higher %.

You will owe $162 this year because the low rate on the separate jobs under - withheld.

You may owe lots more for previous years with penalties if you did that separate thing then too.

Both incomes combined probably put you in a higher tax bracket. The IRS considers your total income in deciding how much you pay in taxes, not the income you make from each job separately. I also agree with the first answer that maybe you claimed too many dependents. Sometimes claiming yourself does count against you and can cause you to owe money

your adding 2 and 2 together. it looks at your TOTAL income for the year, not at each one separately. so, individually, you have not made that much money, if that's the only w-2 you had, but when you combine them together, you have earned more money and you have pushed yourself into a higher tax bracket, and you owe money.easy thing to do with more then one job. that happens to me, and thats why i claim no exemptions.

the more you make, the more you owe..it's simple really...be thankful it's only 162......next year change your W4 to claim 0 on the at least one of the jobs and then next year, you won't have to pay.....

if you go to hrblock.com you can do a free tax return estimator. i used it last year and it was dead on for what i got for my return.