Federal Taxes -

shovel1982 · ‎February 22, 2021

Hello

I do my son's taxes. He is single and has no dependents. In 2019 he earned $26,846.00 and paid in $2491.00 in Federal Taxes and received a refund of $965.00.

2020 He earned $22,917.15 paid in 1183.53, plus 2886.00 in unemployment and paid $288.60 in Federal taxes for that. But is only getting $37.00 back. Am I doing something wrong?? He has no real deductions except the standard deduction.

Did I do something wrong? I have triple checked my numbers and entered everything correctly.

Thank you in advance!

Terry Priddy

AlanT222 · ‎February 22, 2021

No, you did not do anything wrong.

In 2019, your son withheld at a rate of 9%. For 2020, he withheld at a rate of 5%. This means he paid less in 2020 than he did in 2019. This would account for the difference in his refund.

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View solution in original post

SweetieJean · ‎February 22, 2021

Is he over age 25? If so, he probably received a higher EIC in 2019. His total income was lower in 2020, and Unemployment Comp does not qualify for EIC. Even if not, his 2020 total was about $1,000 less than 2019; but is taxes withheld were also $1,000 less.

Look at his 2019 and 2020 tax returns side by side. Something may stand out.

Federal Taxes -

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