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May 3, 2020
Question

I just filed 3 separate w-2 wage and tax statement documents and it said for the first return ill be receiving 653 for the second return ill be receiving 573 and for the third return ill be receiving

  • May 3, 2020
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Employee
May 3, 2020

Your refund is not "per W-2"   ---- your income tax refund is based on your total amount of income and the difference between that income and your tax liability.

 

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

 

You started off with your first W-2 and your refund looked high?  Then you added another W-2 and it stopped looking so good? That is normal.  When you added more income, your tax liability increased, so you saw your refund decrease.  The program began by giving you your standard deduction—- 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 credit/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-28

**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.**