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February 22, 2023
Question

My co-worker who work the same position as me, makes the same pay and live almost the exacty same life style (no kids, pays rent). He got $1,300. Whys mine $231.

  • February 22, 2023
  • 3 replies
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3 replies

CatinaT1
February 22, 2023

Many variables determine your refund amount. I would guess from the situation you describe you had different amounts withheld from taxes throughout the year from your payroll.

 

Without seeing both tax returns, we could only speculate.

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February 22, 2023

As Catina mentioned, there are many variables that play a factor in the refund amount.  One of the biggest (as mentioned by Catina) are the withholding amounts.  If your co-worker had more taxes taken out throughout the year on their checks, then as it gets reported to the irs during tax time, your coworker would get more back due to an over payment of taxes.  Also keep in mind that other factors could play into it such as other deductions your coworker might be able to utilize or charitable contributions, ect. 

Employee
February 22, 2023

The only way to tell exactly why would be to put your tax returns next to each other and compare them line by line.   Or----ask him what was in box 2 of his W-2 and compare it to what you had in your box 2.  Then compare what each of you had in box 17 of each of your W-2's.

**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.**
Hal_Al
Employee
February 22, 2023

You must be at least 25 years old to get the Earned Income Credit is one of those "many factors".