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Taxes are confusing


Swimmod_Luna

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Finally got my W2 from my previous employer. Entered it into TurboTax and my federal refund went from $548 to $121. Figured that couldn't be right. Removed previous employer W2 and re-entered it. Same thing.

Wondered if previous employer fucked something up and I owed because of that? Removed current employer W2. Refund went up to $876.

What

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Just now, Derackthehunter said:

Give those Republicans that money.

I'm still getting money either way.

You don't technically have to file unless you owe, right? Can I leave out one of my W2's to get a higher refund or is that fraud since I'm not supposed to get such a big refund?

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Just now, Derackthehunter said:

Lets not get into what's legal considering it was never legally passed as a law In the first place.

But yeah your supposed to put everything in there. 

Dammit

But why is it so much lower. I made about 25k at my current employer and only about 5k at the previous one. I understand why it's so much higher if I only include the previous employer since 5k is such a low amount I'm probably getting everything back. But why does going from 25k to 30k make my refund go down so much.

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Just now, Derackthehunter said:

I would assume that because you are a single person with no dependents you are getting taxed more. If you are using turbo tax then I'm sure it looked for things like head of household  and stuff like that.

I am. I still don't understand why the difference is so drastic. I entered the W2 from previous employer and when I saw the $121 I thought cool 121 more dollars on top of the $548 I'm already getting. Then saw that was actually my new total refund.

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The difference is probably from your Earned Income Credit.

It is tax fraud to deliberately omit a W-2 and you go to jail for it.

Edit: It isn't your EIC. You don't get one. It is probably just tax tables.

 

Edited by Ginguy
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2 minutes ago, Athena 92 said:

I just re-entered it with the same info. Let's see what happens.

I tried to log in to the IRS website but I guess they need to send me a verification code my mail. Which can take 5-10 days.

i've been on hold with them before for 2 hours. it's a fun agency to call

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Just now, Naraku4656 said:

i've been on hold with them before for 2 hours. it's a fun agency to call

That's why I'm going to avoid it if at all possible.

I just hope I can log-in once I get the code in the mail. I forget what it was but I remember one time I tried to log in to some service's online system that needed a phone number to verify but it wouldn't accept my phone number (Probably because I'm on my dad's plan or something idk but it was annoying).

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2 hours ago, Athena 92 said:

H&R Block I go.

Went there once and they tried to tell me my birth date was wrong and that i needed to talk to the IRS, my birth certificate wasn't proof enough for them :|

Now i just use a family friend who does taxes for a lot of people, cost a little more but when some stupid problem comes up it's nice to have someone that will figure it out for you.

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2 hours ago, CAC said:

Went there once and they tried to tell me my birth date was wrong and that i needed to talk to the IRS, my birth certificate wasn't proof enough for them :|

Now i just use a family friend who does taxes for a lot of people, cost a little more but when some stupid problem comes up it's nice to have someone that will figure it out for you.

H&R block still wanted to charge $29.99 for "free" filing so I stuck with TurboTax. But it keeps telling me my return is rejected because my AGI is wrong even though I'm going by what was on my return last year. So I might have to file by mail. Yaaay.

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6 hours ago, Athena 92 said:

Finally got my W2 from my previous employer. Entered it into TurboTax and my federal refund went from $548 to $121. Figured that couldn't be right. Removed previous employer W2 and re-entered it. Same thing.

Wondered if previous employer fucked something up and I owed because of that? Removed current employer W2. Refund went up to $876.

What

Is it your tax bracket?

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On Tuesday, February 06, 2018 at 3:50 PM, Athena 92 said:

Finally got my W2 from my previous employer. Entered it into TurboTax and my federal refund went from $548 to $121. Figured that couldn't be right. Removed previous employer W2 and re-entered it. Same thing.

Wondered if previous employer fucked something up and I owed because of that? Removed current employer W2. Refund went up to $876.

What

That's why I go to a tax consultant.   I get a decent refund every time.

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