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April 18, 2023
Question

My refund amount is less than Tax paid - Tax liable

  • April 18, 2023
  • 1 reply
  • 0 views
Why is my refund amount much less than Tax paid - Tax liable

1 reply

JohnB5677
April 18, 2023

If you are single, and you made more than $12,950 you will start to pay taxes at the 10% level.  The $12,950 doesn't just have to be from your wages. it is a combination of all of the money from all sources that you took in in 2022.

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