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February 7, 2022
Question

Why does our return go down when my husbands information is added

  • February 7, 2022
  • 2 replies
  • 0 views
We dropped 1000 dollars when we added my husband's w2's

2 replies

DoninGA
Employee
February 7, 2022
February 7, 2022

income went up, taxes went up and the withholding was not sufficient to cover the increase in taxes.  result - refund goes down.

Employee
February 7, 2022

As you add income, you can move into a higher tax bracket. Also, some deductions/credits may go down or be eliminated.