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April 12, 2022
Question

So if I leave one job off my tax return and keep the other three will that effect my return?

  • April 12, 2022
  • 1 reply
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I have a total of four jobs I can enter but if I do my tax return ends up being smaller, but if I take one of them off it’s a larger amount so can I just add the fourth Job next year ?

1 reply

Employee
April 12, 2022

No----ALL of your 2021 income has to be included on your 2021 tax return.   You cannot pick and choose which income to report to the IRS on your tax form.  All of it has been reported to the IRS by your employers so the IRS expects your tax return to match that.

 

You started off with your first W-2 and your refund look 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 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-2

**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.**