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Level 1
posted Apr 6, 2021 11:34:27 AM

Adding spouse income reduces tax refund

Me and my spouse generally submit our returns together.
While preparing my tax returns individually, I was getting a refund of around CAD 2000.
But when I added my spouse's income, the refund got reduced to only CAD 1000.
Both of us have around the same income and are full-time employees.
Why is it so? Shouldn't the tax refund increase?

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1 Replies
Moderator
Apr 10, 2021 12:34:13 PM

This FAQ explains why your spouse's income lowers your refund amount: https://turbotax.community.intuit.ca/replies/2647826