The average tax refund is down 8% so far this season… how was your refund affe…

The average tax refund is down 8% so far this season… how was your refund affected? http://bit.ly/2TPkEnr



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27 Comments - Write a Comment

  1. Been paying less taxes throughout the year

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  2. I lost well over $5K thanks to the orange one

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  3. Lower return I received was due to less withheld during the year. I paid less tax for 2018 than I did for 2017.

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  4. You took home more $$$ every pay period

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  5. Mine was about the same… but the withholding was less.

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  6. I guess people don’t understand its better to get less to nothing back, then a lot. That just means the government had more of your money then they actually needed or should have taken with a 0% loan.

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  7. I got 1000 more than last year

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  8. my return was less but my weekly check went up and over all paid less for ’18 than in ’17 so i’m good with that!

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  9. Right now it looks like mine will be down. I got a whole $5 a week extra in my check that’s $260 a year and I could be losing $1000 in my return. Not going to stimulate the economy like the putz of the united states said I would.

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  10. With the extra $100 per pay period I got back about the same. Maybe a few hundred less. No biggie.

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  11. Not only no refund, but I actually owe.

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  12. I got more back this year. Wasn’t affected at all.

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  13. Haven’t even done it yet but seriously you get less taken out during the week…… so of course your going to have less in your returns

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  14. You’re paying less in taxes all year round that’s why your refund is smaller 😉

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  15. Less refund because of you no longer can deduct certain things . And the measley 8 extra dollars a week didnt make up for it. The middle class got screwed .

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  16. It’s likely that most individuals tax returns went up. If it went down, it is due to the fact that less was withheld from you throughout the year. The amount taken from your pay check was lest to reflect the new tax brackets.

    Also, a smaller return = better tax management and you did not give the government an interest free loan! Too many people look to a tax return as a “bonus” when they could have been saving or investing that money on their own.. if only they had the willpower.

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  17. I am impressed that so many people have their taxes done already!!

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  18. There is a very reasonable explanation for the lower returns.. BUT… when our so called tax break EXPIRES.. we will really see the decrease of returns. and many will OWE the IRS. Remember the 1% that got the biggest tax break, THEIR tax breaks will NEVER EXPIRE… So.. you had better redo your tax with holdings for next year.. or you are really going to be pissed off !

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  19. About 4k higher than ever before! Orange Man GOOD!

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  20. A refund is based on OVERPAYMENT of taxes to the Federal Government throughout the year. It is not smart to give the government an INTEREST FREE LOAN. Th correct analysis is whether we are paying a lower percentage of our income in taxes. That shows the true increase in income.

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  21. You will make up for it with the low gas prices!!! and no fine for obamacare!

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  22. you can thank POTUS for your smaller refunds. bait and switch. Everyone yelled at me last that i was full of crap. Middle class got nothing, zip. My boss on the otherhand is seeing an extra $10,000.

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  23. Are refunds lower because they took out less over the year? Can we really narrow it down, instead of making a blanket statement?

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  24. Our income is considerably different this year than it was last year so in order to make a “fair” comparison I’m planning to put this years numbers into 2017’s Turbo Tax and last years numbers into 2018’s Turbo Tax after I finish getting the taxes done that we need to file by April 16.

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  25. It’s not even worth discussing it on an open post like this because everyone’s situation is unique. I’ve prepared over 100 so far… some are better and some are not. But everyone can be explained on whether it’s a withholding change or tax rule change. Talk with your tax professionals to find out the real answer

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  26. 6$ 8$ whatever you got extra is 6$ or 8$ more than you got with the previous administration..

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