<prompt> Human: Hi everyone, So I started filing my taxes on TurboTax last night and found that I owe about 6,000 in taxes despite only making about 31,000. This is my first year of having and 1099s as my main source of income I also have three W2- totaling about 4,000. I have two 1099-MISC that are about 27,000. I added my deductions and write-offs, which brings it down to 24,450. I also have my student loan 1089, which is about 1,500. Does 6,000 seem really high to anyone else? I cant afford a tax adviser where I live they run 500-600hour, so itd be great if I could get insight from the reddit community. Thanks!EDIT: Thanks for everyones help! I clearly did not do my research for 2015 and am paying for it now. 2016 will be a different year! Currently taking an interest-free loan from my parents to pay off these taxes since I only have 4,000 to my name. Just when I thought I was passing off as an adult...Assistant: The self employment tax on 24,450 net earnings is 3,455.00. Assuming you are filing status single, eligible to claim your personal exemption, and you arent assessed the Shared Responsibility Payment, your income tax liability should be 1,778.00, for a total federal tax of 5,233.00.Edit: you are probably being assessed the Penalty for Underpayment of Estimated Tax as well. Are you including a state tax liability in your 6,000 total?Human: Yes I have about 780 in state tax. Wait, so if I havent been making quarterly payments then I can be penalized for that? I wasnt even aware that Im suppose to be making quarterly payments.  <response>: I wasnt even aware that Im suppose to be making quarterly paymentsYou should probably go research what 1099 employment is. 