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Level 1
February 7, 2022
Question

Why does our return go down when my husbands information is added

  • February 7, 2022
  • 2 replies
  • 0 views
We dropped 1000 dollars when we added my husband's w2's

2 replies

DoninGA
Level 15
Level 15
February 7, 2022
Level 15
February 7, 2022

income went up, taxes went up and the withholding was not sufficient to cover the increase in taxes.  result - refund goes down.

Alumni - Champ
February 7, 2022

As you add income, you can move into a higher tax bracket. Also, some deductions/credits may go down or be eliminated.