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dustinpugliese
New Member

My estimated refund went down when I added my 2nd job, does the system think I worked them at the same time? They were concurrent.

 
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WillK
Level 9

My estimated refund went down when I added my 2nd job, does the system think I worked them at the same time? They were concurrent.

It doesn't matter when you worked those two jobs in 2016. What matters is the amount of income that you made it from both jobs. Generally the more income you make the more in taxes you're responsible to pay.
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WillK
Level 9

My estimated refund went down when I added my 2nd job, does the system think I worked them at the same time? They were concurrent.

It doesn't matter when you worked those two jobs in 2016. What matters is the amount of income that you made it from both jobs. Generally the more income you make the more in taxes you're responsible to pay.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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xmasbaby0
Level 15

My estimated refund went down when I added my 2nd job, does the system think I worked them at the same time? They were concurrent.

When you added more income, your tax liability increased, so you saw your refund decrease.  The program begins by giving you your personal exemption of $4050 plus your standard deduction—both of which lowered your taxable income. So you are not being taxed on as much of the income on that first W-2.  Then you added taxable income--so the refund went down. Your refund (or tax due) is based on the total of your income, not “per W-2.”  Wait until you have entered ALL of your income and deduction information.  You can't really tell anything until it is all entered.  That “refund monitor” does not mean anything until everything has been entered.

https://ttlc.intuit.com/questions/2273878-why-did-my-refund-drop-when-i-entered-another-w-2

**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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