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New Member
posted Feb 26, 2023 3:41:55 PM

Why my return is low of what was expected?

0 2 250
2 Replies
Expert Alumni
Feb 26, 2023 3:54:02 PM

Many people are receiving smaller refunds this year because of changes in the tax law that affected child tax credits and Child and Dependent Care.

 

Please see this TurboTax article for more information about the changes in credits.

Returning Member
Feb 26, 2023 4:05:08 PM

Possibly you received the Earned Income Credit last year. I received it in 2021, but not 2022. There is a side by side comparison for 2021 and 2022. Check it out (line 27)