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kitchenm9
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Why don't I have a refund this year?

 
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1 Best answer

Accepted Solutions

Why don't I have a refund this year?


No one on Answer Xchange can see your tax return. One thing that may be affecting your refund for 2018 is that employers began withholding less tax when the new tax law passed.  Your paychecks were more, but that means a smaller refund now.  There are are lot of variables that affect your refund or tax due including how much you earned, how much tax you had withheld, your filing status, the number of dependents you claim, your deductions and credits, etc.  You may have lost Earned Income Credit or the Child Tax Credit. Are you 65 or older ?  If so, your standard deduction is higher. Or do you have a healthcare penalty?  We used to be able to suggest comparing two years of tax returns side by side to find the differences.  But with the drastic change in the 2017 and 2018 forms, that is impractical this year.


https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return


And of course, always check your own data entries, looking for errors such as misplaced decimals or extra zeros.


https://ttlc.intuit.com/questions/1901008-why-did-my-refund-go-down-compared-to-last-year-s


**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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1 Reply

Why don't I have a refund this year?


No one on Answer Xchange can see your tax return. One thing that may be affecting your refund for 2018 is that employers began withholding less tax when the new tax law passed.  Your paychecks were more, but that means a smaller refund now.  There are are lot of variables that affect your refund or tax due including how much you earned, how much tax you had withheld, your filing status, the number of dependents you claim, your deductions and credits, etc.  You may have lost Earned Income Credit or the Child Tax Credit. Are you 65 or older ?  If so, your standard deduction is higher. Or do you have a healthcare penalty?  We used to be able to suggest comparing two years of tax returns side by side to find the differences.  But with the drastic change in the 2017 and 2018 forms, that is impractical this year.


https://ttlc.intuit.com/questions/4482394-how-will-tax-reform-affect-my-2018-federal-tax-return


And of course, always check your own data entries, looking for errors such as misplaced decimals or extra zeros.


https://ttlc.intuit.com/questions/1901008-why-did-my-refund-go-down-compared-to-last-year-s


**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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