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Level 1
Feb 7, 2022 7:52 PM UTC
Question

Why does our return go down when my husbands information is added

We dropped 1000 dollars when we added my husband's w2's

3 replies

DoninGA
Level 15
Level 15
Feb 7, 2022 7:55 PM UTC
Mike9241
Level 15
Level 15
Feb 7, 2022 8:55 PM UTC

income went up, taxes went up and the withholding was not sufficient to cover the increase in taxes.  result - refund goes down.

Mike9241
Alumni - Champ
Feb 7, 2022 9:54 PM UTC

As you add income, you can move into a higher tax bracket. Also, some deductions/credits may go down or be eliminated.