Your paychecks were more, but that means a smaller refund now. There are are lot of variables that affect your refund or tax due including how much you earned, how much tax you had withheld, your filing status, the number of dependents you claim, your deductions and credits, etc.

Why did my tax refund drop when I added a second W 2?

WHY DID MY REFUND GO DOWN WHEN I ADDED ANOTHER W-2? When you added more income, your tax liability increased, so you saw your refund decrease. Your refund (or tax due) is based on the total of your income, not “per W-2.” Wait until you have entered ALL of your income and deduction information.

Where are state tax refunds reported on the 1040?

After you calculate the taxable amount, state refunds are reported on line 10 of Schedule 1 of the new 2018 Form 1040, then the total from Schedule 1 is transferred to line 6 of the 1040.

Are there any tax refunds that are not taxable?

Look at line 5a of your 2019 Schedule A. Your refund isn’t taxable if the box there is checked. The IRS wants you to indicate by checking the box at line 5a if you’re deducting sales taxes rather than income taxes, and there’s no correlation between taking a sales tax deduction and your state tax refund.

How often does the IRS issue tax refunds?

The IRS issues more than 9 out of 10 refunds in less than 21 days. However, it’s possible your tax return may require additional review and take longer. Where’s My Refund? has the most up to date information available about your refund. The tool is updated daily so you don’t need to check more often.

What happens if you have an unfiled back tax return?

You have one or more unfiled back tax returns. If you have unfiled back tax returns, the IRS can start a “ delinquent return inquiry ” and freeze your refund until you’ve filed all your back tax returns and paid any associated tax bills.