topic Why is my return 2000 lower this year in Get your taxes done using TurboTax

Why is my return 2000 lower this year

Sarahpalmer4 — Fri, 31 Jan 2020 01:39:51 GMT

Re: Why is my return 2000 lower this year

CatinaT1 — Fri, 31 Jan 2020 01:59:41 GMT

Without looking at your return it is impossible to know why.

These are the most common things that effect your refund or balance due:

Change in Filing Status;
Change in dependents claimed;
No longer have a child, under age 17, to claim the Child Tax Credit
The amount of federal and/or state withholding;
Income based credits, such as the Earned Income credit;
Tax bracket changes

Re: Why is my return 2000 lower this year

flogreg2 — Fri, 06 Mar 2020 15:20:06 GMT

I compared the last 5 years and the only difference is total tax. My income has not changed or my tax bracket which is low

Re: Why is my return 2000 lower this year

BillM223 — Fri, 06 Mar 2020 15:41:24 GMT

It is not possible that the only difference is total tax. The rules of arithmetic alone make that impossible.

Tell us the following for the last 5 years:

1. What was your Adjusted Gross Income (line 11b in 2019)?

2. What was the tax (line 12a in 2019)?

3. What was your total tax (line 16 in 2019)?

4. What were the refundable credits (line 18e in 2019)?

5. What were your total payments (line 19 in 2019)?

Somewhere in your answers will point to the missing $2,000.

Re: Why is my return 2000 lower this year

flogreg2 — Fri, 06 Mar 2020 19:10:09 GMT

1. zero

2. zero

3. $3272

4. zero

5. $3697

In 2018

line 11 was zero

line 12 was zero

line 16 was $3513

line 18 $3513

Last year I got $3513 back and the previously 3 years were about the same. This year it is showing $425

When I look at page 1 of 1 on both years total tax is $3272 this year and zero previous years?

I have double checked all my entries.

Re: Why is my return 2000 lower this year

BillM223 — Fri, 06 Mar 2020 19:21:05 GMT

Those are unusual numbers.

Your taxable income is $0 but your total tax is $3,272?

What are the values in lines 12b, 13a, 13b, 14, and 15?

Re: Why is my return 2000 lower this year

flogreg2 — Fri, 06 Mar 2020 20:51:18 GMT

From the Tax History Report in my 2019 print:

2015 18,816 2016 $18,233 2017 $16,670 2018 $19,844 2019 $22,000

2015 zero 2016 zero 2017 zero 2018 zero 2019 zero

2015 $3377 2016 $3362 2017 $3462 2018 $3513 2019 $3272

2015 zero 2016 zero 2017 zero 2018 $3513 2019 zero

2015 zero 2016 zero 2017 zero 2018 $3513 2019 $3697

Re: Why is my return 2000 lower this year

BillM223 — Fri, 06 Mar 2020 21:30:23 GMT

According to what you have types, there is a $3k difference for line 18e (refundable credits) between 2017 to 2018 and 2018 to 2019. Why is that?

I still would like to know "What are the values in lines 12b, 13a, 13b, 14, and 15?"

Finally, I don't see the number $425 anywhere. Does this number even appear on your return?