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June 4, 2019
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I filed 3 returns at the same time. But for some reason I did not get all of my money. So I’m wondering why?

  • June 4, 2019
  • 5 replies
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Best answer by xmasbaby0
"I filed 3 returns at the same time"   Your refund is baed on the total income you entered, not "per W-2" that you entered.  Not sure what you mean by "all my money".  Did you expect to get back everything that was withheld? 

WHY DID MY REFUND GO DOWN WHEN I ADDED ANOTHER W-2?

When you added more income, your tax liability increased, so you saw your refund decrease.  The program begins by giving you your personal exemption of $4050 plus your standard deduction—both of which lowered your taxable income. So you are not being taxed on as much of the income on that first W-2.  Then you added taxable income--so the refund went down. Your refund (or tax due) is based on the total of your income, not “per W-2.”  Wait until you have entered ALL of your income and deduction information.  You can't really tell anything until it is all entered.  That “refund monitor” does not mean anything until everything has been entered.

https://ttlc.intuit.com/questions/2273878-why-did-my-refund-drop-when-i-entered-another-w-27

5 replies

Employee
June 4, 2019
Do you mean one Federal and two State returns?
June 4, 2019
I believe they were all federal returns
Employee
June 4, 2019
For three different people, or just for you?  And do you mean you actually filed 2 separate 1040 forms?
VolvoGirl
Employee
June 4, 2019
You mean you filed 3 W2 or 1099 tax forms?
xmasbaby0Answer
Employee
June 4, 2019
"I filed 3 returns at the same time"   Your refund is baed on the total income you entered, not "per W-2" that you entered.  Not sure what you mean by "all my money".  Did you expect to get back everything that was withheld? 

WHY DID MY REFUND GO DOWN WHEN I ADDED ANOTHER W-2?

When you added more income, your tax liability increased, so you saw your refund decrease.  The program begins by giving you your personal exemption of $4050 plus your standard deduction—both of which lowered your taxable income. So you are not being taxed on as much of the income on that first W-2.  Then you added taxable income--so the refund went down. Your refund (or tax due) is based on the total of your income, not “per W-2.”  Wait until you have entered ALL of your income and deduction information.  You can't really tell anything until it is all entered.  That “refund monitor” does not mean anything until everything has been entered.

https://ttlc.intuit.com/questions/2273878-why-did-my-refund-drop-when-i-entered-another-w-27

**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.**