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Not sure why it went down from 800 dlls to 400 dlls for federal refund when I entered my last W-2 Form
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Not sure why it went down from 800 dlls to 400 dlls for federal refund when I entered my last W-2 Form
Generally the more income you make the more in taxes you are required to pay. As you enter more income in the program it might have:
- Put you in a higher tax bracket,
- It could have reduced or eliminated some deductions or credits
- The tax laws changing year to year will determine the amount of taxes that need to be paid as well.
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**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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Not sure why it went down from 800 dlls to 400 dlls for federal refund when I entered my last W-2 Form
Generally the more income you make the more in taxes you are required to pay. As you enter more income in the program it might have:
- Put you in a higher tax bracket,
- It could have reduced or eliminated some deductions or credits
- The tax laws changing year to year will determine the amount of taxes that need to be paid as well.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"