Solved: WE MADE LESS MONEY, ALL DEDUCTIONS WERE THE SAME . LAST YEAR WE GOT A OKLAHOMA STATE REFUND AND THIS YEAR WE OWE OVER 1000.00
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WE MADE LESS MONEY, ALL DEDUCTIONS WERE THE SAME . LAST YEAR WE GOT A OKLAHOMA STATE REFUND AND THIS YEAR WE OWE OVER 1000.00

 
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WE MADE LESS MONEY, ALL DEDUCTIONS WERE THE SAME . LAST YEAR WE GOT A OKLAHOMA STATE REFUND AND THIS YEAR WE OWE OVER 1000.00

One possibility: Oklahoma's state Earned Income Tax Credit equals 5 percent of the federal EITC.  Since your income went down, your EIC could have as well.

Look at your 2015 and 2016 state returns side by side.

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Level 15

WE MADE LESS MONEY, ALL DEDUCTIONS WERE THE SAME . LAST YEAR WE GOT A OKLAHOMA STATE REFUND AND THIS YEAR WE OWE OVER 1000.00

One possibility: Oklahoma's state Earned Income Tax Credit equals 5 percent of the federal EITC.  Since your income went down, your EIC could have as well.

Look at your 2015 and 2016 state returns side by side.

View solution in original post

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