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Level 1
June 5, 2019
Solved

I do not understand why my return is so much more that previous years. Last year was the first year I received Social Security.

  • June 5, 2019
  • 2 replies
  • 17 views
My income went down a lot and started receiving Social Security.
Best answer by fanfare

Your income went down a lot, but your withholding had assumed 12 months of a lot of income. Ergo, too much was withheld. So, you get the overpayment back.

2 replies

fanfare
fanfareAnswer
Level 15
June 5, 2019

Your income went down a lot, but your withholding had assumed 12 months of a lot of income. Ergo, too much was withheld. So, you get the overpayment back.

Level 14
June 5, 2019

Since your  income decreased that sometimes can reduce your refund due to you not having enough earned income to receive the deductions or credits you did before. 

To see what had changed between last year and this year, please print off your 2015 and 2016 return and compare them. This will help you determine what has changed. 

Click here for more information:https://ttlc.intuit.com/replies/3301788

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