can someone explain to me why my income tax

[kobe4threebang]

1000 dollars less this year when i made 10,000 dollars more than last year, and drive the same car, live in the same place, have no kids, and have the same job? honestly it doesnt make since, i dont follow politics so was there anything that passed or got declined that could have changed it i expecting 2k

 

[kobe4threebang]

anybody chime in im just wondering why

 

[bleezys and heem]

Did you do your taxes yourself or did you have them done by someone else?
If you did them yourself I'd say take them to H&R Block and they will go over them for you in more detail.

Something obviously is wrong and a tax expert will be able to help you out.

 

[juggy4805]

NM, I don't understand your question.

 

[tim teufel]

same thing happened to me. my ytd was 82.500 all around taxes they took over 22 grand. but funny part is when i checked with turbo tax it says i owe the state of ny 1500 i just dont see how that is possible. single no kids i guess they really do abuse you when you dont have a kid

 

[rhythmentality]

Originally Posted by juggy4805

NM, I don't understand your question.

Yeah, honestly it doesn't make since, right?
 

 

[michaelfoooo]

Originally Posted by RHYTHMentality

Originally Posted by juggy4805

NM, I don't understand your question.

Yeah, honestly it doesn't make since, right?
 

 

[throwedindagame]

Originally Posted by RHYTHMentality

Originally Posted by juggy4805

NM, I don't understand your question.

Yeah, honestly it doesn't make since, right?
 

Quoted for fail.

 

[rhythmentality]

 
 

Originally Posted by kobe4threebang

1000dollars less this year when i made 10,000 dollars more than last year,and drive the same car, live in the same place, have no kids, and havethe same job? honestly it doesnt make since, i dont follow politics so was there anything that passed or got declined that could have changed it i expecting 2k

Quoted for the original fail.
 

 

[michaelfoooo]

Originally Posted by RHYTHMentality

 
 

Originally Posted by kobe4threebang

1000dollars less this year when i made 10,000 dollars more than last year,and drive the same car, live in the same place, have no kids, and havethe same job? honestly it doesnt make since, i dont follow politics so was there anything that passed or got declined that could have changed it i expecting 2k

Quoted for the original fail.
 

ooops

 

[juggy4805]

Originally Posted by RHYTHMentality

 
 

Originally Posted by kobe4threebang

1000dollars less this year when i made 10,000 dollars more than last year,and drive the same car, live in the same place, have no kids, and havethe same job? honestly it doesnt make since, i dont follow politics so was there anything that passed or got declined that could have changed it i expecting 2k

Quoted for the original fail.
 

But to OP, the IRS is like magic. Nobody fully understands it. I just keep my fingers crossed and hope for the best.

 

[me4u2night]

Originally Posted by kobe4threebang

1000 dollars less this year when i made 10,000 dollars more than last year, and drive the same car, live in the same place, have no kids, and have the same job? honestly it doesnt make since, i dont follow politics so was there anything that passed or got declined that could have changed it i expecting 2k

You were probably getting taxed at a higher rate last year. 
For example: Let's say last yr you were getting taxed in the $30,000 braget. But if you started working in the middle of the yr, you made only $15,000 but was still getting taxed at the 30k braget. All that additional money that you paid in taxes (because you were getting taxed at a higher rate) goes back to you.

But let's say this yr you work a complete year and made 30K and was being taxed in that 30K braget. In theory, you wouldn't have over/underpaid in taxes. Hence you would get less back.

Does that make sense???

The things I learn having two sisters who are accountants.

 

[airjapan707]

^ didn't it also have something to obama taking less out in taxes as sort of a stimulus to the american workers? I could be wrong but i didn't have as much taken out this year compared to years past and I made more money.