I am trying to file my 2007 Tax Return and I have worked on 2 different jobs in that year. Since I have two W2s, I was adding those two W2s on the Income part. However, I have come to realize that on One W2, I owe money (about $1,200) to the IRS and on th

ANSWER

The BIDaWIZ Team's Answer:

You must report all of your W-2 wages on your Form 1040. The combined

income has placed you in a higher tax bracket. This is why that you owe a tax liability.

When you run your tax calculation on a single W-2, the software is computing your

liability in a lower tax bracket, because the system is not being instructed that you have

additional income. As your taxable income increases, the tax rates increase from 10%,

to 15%; & then to 25%; & then to 28%; & then to 33%; & then to 35%.