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Level 2
June 5, 2019
Solved

Married filing joint 3 kids no change in income. I've estimated my refund using the refund calculator and it is telling me double last year's. What could make it so high?

  • June 5, 2019
  • 7 replies
  • 35 views
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Best answer by SweetieJean

That would explain it, since wages qualify for EIC and ACTC, while unemployment comp does not.

7 replies

Alumni - Champ
June 5, 2019
Different deductions or taxes withheld?  And "double" is relative. $100 to $200 is not much of a change.
Level 2
June 5, 2019
The tax estimator says around 12000 refund. No real changes since last year. I got about 6500 last year. Is there something different this year that I'm unaware of?
Level 2
June 5, 2019
I think I figured it out. A lot of our income the previous year was unemployment and this year it is all wages.
Alumni - Champ
June 5, 2019
$12,000 is still pretty high, though.
Alumni - Champ
June 5, 2019
Use the actual TT program to get more accurate numbers.
Level 2
June 5, 2019
I will. I was simply estimating my numbers. When our W2s come in I'll use the program.
Alumni - Champ
June 5, 2019

That would explain it, since wages qualify for EIC and ACTC, while unemployment comp does not.