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Level 1
June 4, 2019
Solved

Why did my refund decrease when i enter a second w2? The 1st w2 was from my first job than i quit that job and got another one which is the second w2 i enter!

  • June 4, 2019
  • 1 reply
  • 2 views
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Best answer by SteamTrain

That's somewhat normal...your income taxes are based on everything........More income means more taxes you have to pay.  Some people end up owing more after entering several W-2 forms.....because the withholding wasn't enough to cover ALL of their total income for the year.

1 reply

SteamTrain
Level 15
June 4, 2019

That's somewhat normal...your income taxes are based on everything........More income means more taxes you have to pay.  Some people end up owing more after entering several W-2 forms.....because the withholding wasn't enough to cover ALL of their total income for the year.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*