If Our income dropped by 12500 but our taxes increased by over 2000. Why

Husband retired from 2nd job, June 2024 and we paid off our morgage

posted

There could be many reasons, you lost the home mortgage interest deduction, less tax was being withheld, you may have lost credits.

Compare last year to this year to see what numbers changed.

When you print your return, select "Print all forms and worksheets"

Within the documents you will find a 2-year comparison.

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