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Get your taxes done using TurboTax
I suggest you compare your entire 2020 tax return side-by-side with your 2021 tax return.
If needed, print out a copy of each and put them side-by-side.
Compare each number for each line item for 2020 to the corresponding line item for 2021.
Do this for the entire return.
This should show you which numbers cause the difference.
There are many reasons that can affect the taxes you pay. I will list only a few:
- Your filing status is different (married vs single)
- Fewer dependents
- Non-taxable income reported in 2020.
- You moved up into a higher tax bracket.
- More of your social security payments are taxable because of a higher income from other sources.
- Withdrawal from a IRA or 401k . . . . .
- You had income in 2020 that is taxed at a different rate, than your 2021 income (eg: Capital Gains)
- You may have made an error on your 2020 taxes . . . . .
As I see it now, only you can see what you entered and do this comparison.
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