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Why is my refund less this year
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There could be a number of reasons for your refund to fluctuate from year to year. Here are some common reasons.
- Did you work multiple jobs?
- Have you changed your withholding?
- Was there extra money that you received that did not have enough taxes taken out?
- Did you take any money out of a retirement account?
- Did you have gambling winnings?
- Was your Marital or dependent status changed?
- Did you qualify for a credit last year that you didn't get this year?
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