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Old 05-20-2009, 12:44 PM
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Tax Refund related question

Hi

I have two W2 from the same company because of internal changes of my employment.

1) May 2008 to Nov 2008
2) Dec 2008

When I checked the approximate tax refund in online for my Dec2008 W2, it was $2000. Would it be any chances to get the lesser taxrefund(less than $2000) if I combine both W2s. Please advice. Thanks for the help.

-NM



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Old 05-21-2009, 10:13 AM
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The income reported on the W-2's amounts would be combined when you are filing your individual tax return. Thus, your federal income tax liability would be based on the combined taxable income and hopefully you would still be getting the same amount of refund.

But, clearly, the tax refund would be based on the amount of federal income tax withheld from both the W-2's and these amounts would be offset against the federal income tax liability based from your combined W-2 income.

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