- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Why am I getting less back this year if I made more than the year prior
I worked part time in 2018 and got almost $6000. I worked full time in2019 and I’m only getting $5000 . Why am I getting less? I claim one child and head of household
Topics:
3 Replies
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Why am I getting less back this year if I made more than the year prior
Usually more income = more tax and less refund. That's common. And the IRS changed the withholding tables so you had less withholding taken out.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Why am I getting less back this year if I made more than the year prior
Thank you.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Why am I getting less back this year if I made more than the year prior
If you are concerned because your refund is lower than what you expected, here are the most common reasons.
- Tax withholding was less than the previous year after a change of jobs or a change of payroll companies at the same job.
- Tax withholding was less than the previous year after the change in the withholding tables under the Tax Cuts and Jobs Act.
- Income increase computes your tax from a higher tax bracket.
- Income increase or decrease affects a tax credit or deduction.
- A change in number of dependents.
- The age or income of a dependent affects a tax credit or deduction.
- Not qualifying for a tax credit.
- Self-employment income generates a self-employment tax as well as income taxes.
- Have you input all of your tax documents? Many tax documents are not required to be issued until January 31.
You may want to review this.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Related discussions
view allStill have questions?
Make a post
Or browse the Forums