Why Is My Tax Refund So Low 2021. If you're surprised by a tax refund that is less than expected in 2020 or 2021, not sure why your tax refund was reduced, or the complexity around taxes has got you stressed, h. Although your tax refund majorly depends on the total amount of taxes withheld, many more things go into it.

Even $20 can add up to a significant amount depending on your pay frequency.

12 this year, whereas it usually starts when your tax refund is delayed, it's easy to panic and assume you're getting audited. Understand and identify what causes your tax refund to decrease. Even $20 can add up to a significant amount depending on your pay frequency. Take a look at what's possibly caused you to get a lower tax refund this year. Take advantage of the tax benefits provided by coronavirus relief measures. Some deductions are only available if you itemize your deductions, while others are still available even if you decide to take the standard deduction. The big question on our minds is, when will i get my money?. Extended tax deadline and extensions 2021. There is no reason to let the government keep your money any longer. The 2021 tax season is shaping up to be much like the touchdown of a tornado, leaving some taxpayers unscathed while creating turmoil for others. If you're expecting a tax refund, the most common advice is that you should file your tax return as soon as possible.