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Hello and thank you for using Just Answer,I would need to know if that was the calculated taxable income and what the filing status was on the return.
The information you submitted is not enough. If you would like for me to give you an accurate estimate I need to know :Filing statusnumber of dependents (any under 17)Income (name source)Age of taxpayer
When I say source I mean is it wages or from sale of property, self employment.......
You stated "we owe" so I am going to go on married filing joint.
If the $97864 was all from wages then the taxable income would be $78364
Tax on $78,364 for married would be $11,651
Then any withholding will be shown against the $11,651, the difference would be the true tax liability.
The system advised you stepped into CHAT and then you stepped out of CHAT
I can change to regular Q&A but we will not be able to CHAT real time if I do.