Will my federal refund or federal amount due change as I enter information?
We calculate your estimated refund or amount owed right as you enter your information. As we figure out your income, adjustments, deductions, and credits, your estimated refund or amount owed will continue to change.
Generally, if your income is lower, then your refund will be higher (since your taxable amount is lower). So if you add more income, your refund might get smaller.
As you add adjustments and deductions to your return that lower your adjusted gross income (AGI), your refund will probably go up.
There are several credits that change depending on your AGI, like the Earned Income Credit, for example. The Earned Income Credit maximizes within a certain range. If the entries you are making adjust your AGI to be lower or higher than that range, your Earned Income Credit may decrease when you enter that information.
We want you to get the best refund possible! Keep entering your tax information and we'll make sure that happens.
Generally, if your income is lower, then your refund will be higher (since your taxable amount is lower). So if you add more income, your refund might get smaller.
As you add adjustments and deductions to your return that lower your adjusted gross income (AGI), your refund will probably go up.
There are several credits that change depending on your AGI, like the Earned Income Credit, for example. The Earned Income Credit maximizes within a certain range. If the entries you are making adjust your AGI to be lower or higher than that range, your Earned Income Credit may decrease when you enter that information.
We want you to get the best refund possible! Keep entering your tax information and we'll make sure that happens.
