WebFeb 21, 2024 · A YouGov/Forbes Advisor poll of 1,200 Americans found that more than half of respondents expect their tax refunds to be lower this year. Furthermore only 42% of those with a household income of ... WebJan 16, 2024 · Here’s the problem. Boss number 1 is withholding taxes on your $25,000 salary. Boss number 2 is withholding taxes on your $10,00 salary. But when you combine your income from both jobs on your tax return, you actually made $35,000 total. This may put you into a higher tax bracket than either salary did when considered on its own.
Your Tax Refund Might Be Smaller This Year — Here
WebJan 19, 2024 · Updated Thu, Jan 19 2024. If you’ve already filed your tax return this year, you may have experienced the shock of receiving a smaller-than-usual tax refund. IRS data so … WebMany of taxpayers filing their returns are wondering the same thing. So, if your tax refund is less than expected for 2024, it could be due to a few reasons aside from expired … simpering traduction
Why some Americans may get a smaller tax refund this year - CBS News
WebNov 15, 2024 · The average tax return time is 21 days. If you are still waiting for your refund after 21 days, the IRS may be facing delays because: You made some mistakes on your tax return. Your tax return is incomplete. You’ve been the victim of fraud or identity theft. WebJan 29, 2024 · Also, many tax credits and deductions that were increased during the pandemic have returned to their pre-pandemic levels. For example, the Child Tax Credit was reduced from a maximum of up to ... WebJan 25, 2024 · I am confused why my refund is so low. I even held out extra out of each paycheck just so I could get more back and yet my refund is less than a 1,000 @mikgj41 And....the other thing to consider is that instead of getting a big refund now, you had enough withheld so that you do not owe the IRS, and did not give the government a great big … simper healthcare ltd