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June 6, 2019
Question

Im getting less back when i made more this year

  • June 6, 2019
  • 1 reply
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I made $10,000 more then what I made last year according to my w2's. Why is my return $1000 less then last year's

1 reply

June 6, 2019

IT is very possible that by making more, you qualify for less. When you have a higher income, you qualify for a higher tax bracket, meaning that you receive less of a return. Here is some more information about tax brackets: https://turbotax.intuit.com/tax-tools/tax-tips/General-Tax-Tips/What-is-My-Tax-Bracket-/INF26080.htm...