taxes

Stavros13 — Wed, 28 May 2025 16:35:22 GMT

Hello,

I declare $50k a year and my wife $35k per year for the last 4 years we have been averaging $6k in refund

This year it was $2.5k Is there something I need to do to increase my refund We have two children (dependents)

Re: taxes

AmyATX — Wed, 28 May 2025 17:11:35 GMT

If your income is consistent, then double check that your withholding was also consistent to see if this year varied from last year significantly. The other thing that may have happened is if your children turned 17, then your child tax credit moves from $2,000 per child to $500. With two kids, that would have swung your refund by $3,000 all other things equal.

To combat this, you may want to revisit your W-4 withholding to update the ages of your children. If it's not an issue with the children turning 17 or a change in your withholding, please reach out to TurboTax, and we can look into the detail.

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taxes

Re: taxes