Why might I owe taxes even with a W-2?
Your withholding may not match your income, filing situation, dependents, multiple jobs, or other income. A return review and W-4 check can help identify the cause and reduce future surprises.
Tax answers
Understand the issue before choosing the next step.
These plain-language explanations cover questions Solstice hears from W-2 employees, families, business owners, and 1099 contractors.
Common questions
Start with what’s happening.
General educational information—not individualized tax advice.
What records should an independent contractor keep?
Keep income records, receipts, mileage logs, business-use calculations, bank statements, and documentation supporting each ordinary and necessary business expense.
What should I do with an IRS notice?
Read the notice, note the response date, and compare it with your return and records. Do not ignore it. Ask for help if the requested action or adjustment is unclear.
Can I file a return from a previous year?
Prior-year returns can generally be prepared, but the documents, filing method, refund deadlines, and next steps depend on the year and your circumstances.
What does tax monitoring do?
Monitoring may help eligible clients stay informed about IRS account activity, including notices, balances, audit flags, or filing discrepancies that may need attention.
When should I review my tax situation?
Review after major income, job, business, family, or property changes—and before year-end when there may still be time to adjust withholding or estimated payments.
Need an answer for your situation?
Tell Solstice what is happening, and we’ll help you identify the appropriate next step.