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Why You May owe taxes This Year or Get A Much Smaller IRS Tax Refund

Over the last few years, thanks to plenty of pandemic related support via stimulus payments and funding for expanded tax credits, the average refund payment ballooned to over $3,100. This is despite 20 million fewer Americans getting refunds. However with no further federal funding approved, several popular stimulus, family and dependent tax…

Why is My Tax Refund So Low Compared to Last Year?

If your refund feels smaller than you expected, you're not imagining it being out of step with the news — average refunds are actually up this filing season, which can make an unchanged or lower refund of your own feel especially confusing. Nationally, the average federal refund reached $3,397 as…

When to Change Your Paycheck Withholding (W-4): The Life Events and Income Changes That Trigger It

Most people fill out a Form W-4 once, when they start a job, and never touch it again. That's a mistake, because a long list of ordinary life events — marriage, a new baby, a side gig, a big itemized deduction — quietly changes how much tax you actually owe…

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Why You May owe taxes This Year or Get A Much Smaller IRS Tax Refund

Why is My Tax Refund So Low Compared to Last Year?

When to Change Your Paycheck Withholding (W-4): The Life Events and Income Changes That Trigger It