Recent tax law changes lowered most brackets,

but if you didn't update your W-4, your employer probably withheld less from your paycheck.

This means that instead of a larger refund, you got more money throughout the year.

Now there's also a limit on the amount of state and local taxes you can include in your

itemized deduction.

You can only deduct a maximum of $10,000 of state and local taxes,

unless you're married filing separately, in which case you can deduct a maximum of

$5,000.

Your refund could be smaller if you:

Made more money last year and aren't eligible for certain credits, like the Earned Income

Credit.

Had a child who turned 17 last year and was no longer eligible for the Child Tax Credit.

Got a second job and your withholding didn't match your effective tax rate.

Had income where no tax was withheld, like selling investments or gambling winnings.

Claimed a deduction, like the job-related expenses deduction, that was eliminated this year.

Tax laws change, but TurboTax is always up-to-date.

Rest assured that we have the latest information so you can file your taxes with confidence.

For more answers to your questions, visit turbotax.com/support