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bambino669
New Member

If I made 29000.00 last year, shouldnt my return be more than 498.00

 
2 Replies
CatinaT1
Expert Alumni

If I made 29000.00 last year, shouldnt my return be more than 498.00

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

 

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

  • Different Filing Statuses;
  • Dependents claimed;
  • The amount of federal and/or state withholding;
  • Income based credits, such as the Earned Income credit;
  • Tax bracket changes
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xmasbaby0
Level 15

If I made 29000.00 last year, shouldnt my return be more than 498.00

That is not even close to being enough information to answer you.  You have not told us your filing status, whether you have dependents, what credits/deductions you qualified for, how you earned your income (self-employed or W-2?) , how much was withheld from your pay........etc.etc...

**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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