Why Is My Tax Refund So Much Lower This Year?

Trusted Answers From Licensed Business Professionals

Why Is My Tax Refund So Much Lower This Year?

By The BIDaWIZ Team on April 13th, 2012 at 11:00 am

Those taxpayers that already filed their returns should have received a tax refund by now if they paid too much in withholding taxes. Most of us are almost programmed to expect a big tax refund in April or May. This is why many taxpayers find themselves perplexed when their tax refund is much smaller than expected even though their income was similar to last year. .

-or-