topic Re: I think something went wrong in After you file

I think something went wrong

Mmccu57 — Fri, 29 Jan 2021 23:04:25 GMT

I filed my taxes about two days ago I had 19,000 dollars in income and 27,000 of unemployment I had a lil over 8,000 coming back with two dependants but once I added my 1099 from unemployment it took it all the way down to 700 when doing research it said that the tax on unemployment is 10% can someone explain why they took so much of my return.

Re: I think something went wrong

AlanT222 — Mon, 01 Feb 2021 01:54:00 GMT

The tax on unemployment is not a flat tax. It is based on your individual tax rate. If you did not have any amount withheld from your unemployment, you will have to pay the amount that should have been withheld.

Further, based on your added income, your Earned Income Tax Credit went from $5,920 to about $300.

Unemployment compensation is not considered as earned income, however, it is included in your Adjusted Gross Income to determine the amount of Earned Income Tax Credit you can receive.

Re: I think something went wrong

2westpatricia — Sat, 13 Feb 2021 17:57:03 GMT

I think something went wrong

Re: I think something went wrong

2westpatricia — Sat, 13 Feb 2021 18:01:22 GMT

So if i didnt have them taken out taxes thats y my taxes been cut

Re: I think something went wrong

2westpatricia — Sat, 13 Feb 2021 18:03:14 GMT

Wat went wrong on my taxes

Re: I think something went wrong

SweetieJean — Sat, 13 Feb 2021 18:04:03 GMT

That is correct. And the 10% is usually what is withheld on unemployment comp. However, as indicated above, your actual tax rate may be higher.

Re: I think something went wrong

2westpatricia — Sat, 13 Feb 2021 18:06:13 GMT

But i was gettingback 5940 now im getying 1840y so much

Re: I think something went wrong

2westpatricia — Sat, 13 Feb 2021 18:07:20 GMT

Now im getting less they took almost all of it

Re: I think something went wrong

TiffanyL — Sat, 13 Feb 2021 18:12:07 GMT

Can you tell us the specific area where you are having issues with?