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Return amount

1 reply
21 views

Why is my refund amount so much less than it was last year when I only made a couple thousand more dollars?

Alumni - Champ

You are most likely now in a higher tax bracket. As little as making $100 more can put you in a higher tax bracket than last year. No one here can see your returns, you can compare your last years returns with this years to see the actual difference.

Answer

Alumni - Champ

You are most likely now in a higher tax bracket. As little as making $100 more can put you in a higher tax bracket than last year. No one here can see your returns, you can compare your last years returns with this years to see the actual difference.