Solved: My refund went down by $500.00 after posting $2000.00 of gambling interest? Why so much of a change of refund?

My refund went down by $500.00 after posting $2000.00 of gambling interest? Why so much of a change of refund?

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If your income is between $37,950 to $91,900, any income that you add to your return is taxed at 25%.

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If your income is between $37,950 to $91,900, any income that you add to your return is taxed at 25%.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

My refund went down by $500.00 after posting $2000.00 of gambling interest? Why so much of a change of refund?