Solved

I made more money this year and I have a extra dependent why did I make less this year

Forum|Forum|7 years ago
June 1, 2019
3 replies
0 views

No text available

Best answer by xmasbaby0

If your "extra dependent" is a child who was born in 2016, make sure you said the child lived with you the whole year so that you get the personal exemption and any credits you qualify for.

Otherwise No one on Answer Xchange can see your return. There are are lot of variables that affect your refund or tax due including how much you earned, how much tax you had withheld, your filing status, the number of dependents you claim, your deductions and credits, etc. You may have lost Earned Income Credit or the Child Tax Credit. Or do you have a healthcare penalty? The best way to find the difference is to print and compare 2015 and 2016 side by side

And of course, always check your own data entries, looking for errors such as misplaced decimals or extra zeros.

O

oshean31Author

I worded it wrong I meant to say why did I receive less this year?

Carl11_2

Employee

The wording of your post doesn't make sense. "I made more money" directly conflicts with "why did I make less".

X

xmasbaby0Answer

Employee

If your "extra dependent" is a child who was born in 2016, make sure you said the child lived with you the whole year so that you get the personal exemption and any credits you qualify for.

Otherwise No one on Answer Xchange can see your return. There are are lot of variables that affect your refund or tax due including how much you earned, how much tax you had withheld, your filing status, the number of dependents you claim, your deductions and credits, etc. You may have lost Earned Income Credit or the Child Tax Credit. Or do you have a healthcare penalty? The best way to find the difference is to print and compare 2015 and 2016 side by side

And of course, always check your own data entries, looking for errors such as misplaced decimals or extra zeros.

**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.**