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I showed a 4.000 refund for my daughter but i am only getting 2.oooo somethng back why???? i got way more back last year

 
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I showed a 4.000 refund for my daughter but i am only getting 2.oooo somethng back why???? i got way more back last year

Did the TurboTax announcement that you got a “tax break” confuse you?  You do not receive $4050 for having a dependent.  The "$4050 tax break" you saw means that since you have a dependent, $4050 of your income is "tax free."  Your "dependent deduction" lowers the amount of your income that you have to pay tax on. It is not a refund.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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I showed a 4.000 refund for my daughter but i am only getting 2.oooo somethng back why???? i got way more back last year

why is my tax refund less this year then lat year?

I showed a 4.000 refund for my daughter but i am only getting 2.oooo somethng back why???? i got way more back last year

Did the TurboTax announcement that you got a “tax break” confuse you?  You do not receive $4050 for having a dependent.  The "$4050 tax break" you saw means that since you have a dependent, $4050 of your income is "tax free."  Your "dependent deduction" lowers the amount of your income that you have to pay tax on. It is not a refund.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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