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Ask Wayne Brasch Your Own Question
Wayne Brasch
Wayne Brasch, Accountant and Business Consultant
Category: Tax
Satisfied Customers: 1298
Experience:  Master of Science in Taxation. Tax experience since 1963.
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is it true that the more you make the less you get back in ...

Customer Question

is it true that the more you make the less you get back in your tax return, last year I earned 22k with two dependent , this year I earn 26k with two depenpent will I get more or less
Submitted: 10 years ago.
Category: Tax
Expert:  Wayne Brasch replied 10 years ago.
Without knowing what filing status you use and what type of deduction (standard or itemized) you use, we can't give you a proper answer. We also don't know how much tax was withheld. This would all depend on how you completed the Form W-4 when you first took your job and if you may have modified that form in the last two years.