I entered my husbands and my w4 info under myself and had a refund of 7700 then corrected one of the w4s to my husbands name I and it dropped to 2700

[VolvoGirl]

By entering both W2 under the same person it probably shows that you went over the Social Security max withholding and was giving you the excess back.   It looked like all the W2s box 4 SS was for one person and more than $7,960.80.  

[xmasbaby0 · Accepted solution]

If you were entering all of the income from both of your W-2's under only one of your names, then it probably calculated that you had paid excess Social Security, and inflated your refund.  You went back and corrected it to list the income under your individual names the way it should have been, so the refund dropped back to the right amount.

If you enter it all under only one name, you get "excess Social Security " refunded, and about a year later you get a nasty letter from the IRS demanding money back.   Good thing you caught your error and fixed it in time.