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girlygirl
New Member

Why is my return so low compared to 2013?

last year my return refund was appx. 4K, this year a little over 400.00, I'm making lot less (EI & f/t Student) nothing else has changed. Why is it soooo little?

1 Best answer

Accepted Solutions

Why is my return so low compared to 2013?

There are many possibilities why.
The bottom line is that last year you paid the rest of us $4000 more than you needed to!
In other words, $4000 was over deducted from your income sources. Thank you.

This year you are in way better shape. It is NOT a good thing to get a tax rebate at all.
Keep as much money as you can upfront.

View solution in original post

1 Reply

Why is my return so low compared to 2013?

There are many possibilities why.
The bottom line is that last year you paid the rest of us $4000 more than you needed to!
In other words, $4000 was over deducted from your income sources. Thank you.

This year you are in way better shape. It is NOT a good thing to get a tax rebate at all.
Keep as much money as you can upfront.