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New Member
posted Oct 29, 2019 10:15:21 PM

Why do i get a smaller refund than my spouse who makes more...and i have credits such as medical, child fitness

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1 Best answer
New Member
Oct 29, 2019 10:15:22 PM

The refund or balance due is arrived at by calculating the tax liability, and comparing that to the refundable credits.  The difference is either a balance due or a refund.  The difference in income is not going to be a factor as much as how much monies were withheld for taxes compared to the actual tax liability.

 

1 Replies
New Member
Oct 29, 2019 10:15:22 PM

The refund or balance due is arrived at by calculating the tax liability, and comparing that to the refundable credits.  The difference is either a balance due or a refund.  The difference in income is not going to be a factor as much as how much monies were withheld for taxes compared to the actual tax liability.