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2023 low tax refund

Home Forums General Discussion 2023 Tax Season 2023 low tax refund

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  • #4527943 Reply

      Has anyone filed their 2023 tax and refund amount amount was extremely lower then normal filing years?

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    • #4528328 Reply

        Last year I received 12k and I know it was because of the “enhanced” credits. This year though I’m only getting 3,9k and nothings changed other than the fact I made 4k less than last year. I doordash and because of tax liability and refundable credits apparently I’m not getting the money I usually get. I have 5 kids and MFJ. I didn’t get the CTC, but I got the ACTC and EITC. I say we got royally screwed this year.

        #4528325 Reply

          It’s because the ctc and eitc credits are back to normal. Or like me you have older children. My oldest is 17 so I only get 500 for him now instead of the 2k I was getting. Also the last few years each kid under 17 was 3k

          #4528065 Reply

            Mine seems larger this year. Last year it seemed smaller.

            #4528015 Reply

              Same I usually get back around 9k and this year I’m only getting back 5. I made 31k instead of 28. But I dont get it. A coworker and friend makes the same and she’s getting her usually 9k back. I used turbo tax as usual and I dont know why mine is so much less this year. We both claim 2 kids as well.

              #4527958 Reply

                Last year I got 12k, this year I’m getting 5k…incredibly low for me as they’re usually 8-10k

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