Why would a second job make my tax refund go down so dramatically?
Asked by: lpliskin
This may be user-error on my end trying to do my own taxes and maybe I should just take them to a tax place, but I have a question. I took a part time job in additional to my full time job in March of last year and made about 5K at the part time. Turbo Tax Federal Edition said my refund would have been about 600 dollars with just my full time. I entered the information for my part time, and my refund went down to 70. That is SEVENTY dollars from 600. Is this even possible???? Should I have someone else look at my taxes?
How others found here:
- when I entered my deductions my tax refund went down
- why does a 2nd w2 make my refund go down
- why does my refund go down after I enter a second w2