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After you file
@soto_okami wrote:
Im exactly on the same boat. If I file one w2, i get 3k back and if i add the other one it drops to $550. I busted my butt in working and 500 dollars is nothing
Each employer withholds as if that was the only income, but when added together you can move into a higher tax bracket so more withholding (or paying estimated tax) is necessary. When two or more jobs you might need to claim single or even have an addition amount withheld. This is very common with two incomes.
See this FAQ:
Why did my refund drop when I entered another W-2?
https://ttlc.intuit.com/replies/3798403
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎April 10, 2021
3:18 PM