My estimated refund will be $4000 less than last year

Home Forums General Discussion 2023 Tax Season My estimated refund will be $4000 less than last year

  • This topic has 17 replies, 2 voices, and was last updated 2 years ago by Mintyjulep.
  • Topic Starter
  • #4530776
    Mary

      I read that they might be lower this year but didn’t expect such a drastic change. Anyone else see such a drastic difference without any change in circumstances? Y’all now why?

      I have 3 kids that we claim

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      • #4531131
        Mintyjulep

          Last year it was bumped because of the Rescue Plan. This year it’s back to normal.

        • #4530964
          Tyler

            Last year got back 8k this year there’s a 2k difference

          • #4530905
            Kat

              It’s no one here’s fault it works the way it does. And none of us would be here if we didn’t need the money, but it does stand to reason: more people, more money.

              Anyway, I looked back at my return and noticed our CTC is lower than usual. The EITC is higher though, maybe just because of slight change in income.

            • #4530901
              Peanut

                @Howard idk about everyone else but most of my money goes to my kids and it’s not our fault that that’s how the government does it! If your bitter ass has a problem talk to your local congressman. it’s not a luxury when you have multiple mouths to feed. If you can’t afford or have a problem with how much u pay for rent move to a different state dumb ass!!! Stop crying take that shit some where else!!!!!! 🤬🤬🤬🤬🤬😡😡😡😡😡. RESPECTFULLY!!!!!

              • #4530900
                Howard
                  @howie88

                  But are you

                • #4530899
                  Mary

                    You don’t pay more in taxes, you just don’t get the same credits because no one depends on you. And you’re whining about 1800 dollar rent for a one bedroom and comparing yourself to families, what do you think they’re spending for the space to house multiples? A lot more than you. You are spending less.

                  • #4530897
                    Howard
                      @howie88

                      I pay more taxes while yall get a hand out because you had kids please make it make sense… The money people get most of the time don’t even get spent on kids… In northern Virginia near DC a one bedroom is $1800 a month so how am I spending less

                    • #4530896
                      Mary

                        Howard, single people spend less and contribute to the economy less. You only buy for yourself and generally do very little in the way of keeping things moving. You’re jealous because what, you need a few more bar nights out? The sales tax alone on goods for my kids alone could probably buy that. We have all the same expenses as you, and way more. All money put in.

                        Get over it.

                      • #4530890
                        Howard
                          @howie88

                          That’s ridiculous I wish single people was afforded the luxury of getting large refunds for no reason

                        • #4530888
                          Mary

                            This ctc thing…. I wonder if these other people got it, how is theirs higher?

                          • #4530887
                            Mary

                              Terraelise, yeah I don’t get it. Guess it’s just us

                            • #4530832
                              terraelise

                                Yes!! I usually get 11,000-12,000 . Pather 4 kids. and this year i only got half that 6,000!!! and made same amount of money actually a little less really .. why is it so much lower this year?

                              • #4530806
                                W!cK3d

                                  Nope I have same and I’m getting same I always get

                                • #4530807
                                  W!cK3d

                                    Nope I have same and I’m getting same I always get

                                  • #4530805
                                    Kat

                                      We claim three kids and ours was the same. More even. Not sure why you’d get less or what the deal with the CTC is exactly.

                                    • #4530788
                                      Mary

                                        @derek5ty

                                        Would that be 4k for 3 kids?

                                      • #4530782
                                        Derek5ty

                                          CTC is not refundable this year

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