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hutchies
New Member

Why is the refund amount under federal refund is not changing as I add information?

 
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2 Replies

Why is the refund amount under federal refund is not changing as I add information?

Depends on what is changing.  With so many items that phase in or out based upon income level cut-offs,etc the new data may not be changing the final results.
For example, the standard deduction is now $24,000 for married filing jointly.  So if you are adding items like charitable contributions but your total itemized deductions (which includes charitable deductions) are still less than $24,000, then the final figures won't change because you are still better off with the $24,000 standard deduction.  
The tax code is complex this way - which is why we need software to figure it all out!
hutchies
New Member

Why is the refund amount under federal refund is not changing as I add information?

 I should have been more specific. The amount did not move after inputting self-employment income, expenses and then 4 rental properties. I guess it was some type of glitch because it definitely should have been moving and it eventually did after several other things were added.

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