Skip to main content
March 28, 2024
Question

Why would our tax contributions decrease if we made more money this year than last year?

  • March 28, 2024
  • 1 reply
  • 0 views
No text available

1 reply

VolvoGirl
Employee
March 28, 2024

Please elaborate.  What tax contributions?  

Usually more income = more tax = less refund.  Your withholding didn't increase enough to cover the tax due.  Or some credits you got are reduced because you made more income.