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Why is my second job affecting my tax return so much?
I filled out my entire tax information in turbotax (standard decuctions with student loan interest decucted) except for my second income (part time job) and had an estimated refund of $1492. When I entered my second W2, approximately $6800 extra in income, it lowered by refund by almost $1400. I am claiming single and 0 on the second job and the additional income didn't change my tax bracket. How is this affecting everything so significantly?
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May 31, 2019
7:05 PM