Americans unexpectedly owing on their taxes, why?

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by Chris Nagus

KMOV.com

Posted on March 23, 2010 at 4:11 PM

Updated Tuesday, Mar 23 at 9:34 PM

If you haven't done your taxes yet, you might be in for a shock.

One accountant in St. Charles told me 90 percent of his clients are getting less back, or are actually owing for the first time in a long time.

It's the "stimulus surprise" - many Americans did not have enough money withheld this year as part of the Making Work Pay program, and now it's payback time. The most vulnerable are single people with two or more jobs, and married couples with dual incomes.

If this has happened to you, email me at cnagus@kmov.com. 

 

 

 

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