Why is my estimated return for 2021 less than 2020 when I earned a bit more money? Everything is otherwise the same.
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Since you stated you made more money in 2021 and everything else is the same, it sounds like your tax bracket went up or you did not withhold enough taxes on the extra income you earned.
For tax year 2021, the top tax rate remains 37% for individual single taxpayers with incomes greater than $523,600 ($628,300 for married couples filing jointly). The other rates are:
It is recommended that you use the W-4 Withholding Calculator and determine what is the best withholding for you for 2022.
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