Question
How can my refund be more than the federal withholding on my W-2?
Answer
This usually happens when some credits you receive are refundable.
Examples of refundable tax credits include:
- Earned Income Credit (EIC)
- Additional child tax credit
- Part of the American Opportunity Credit — Form 8863
- Net Premium Tax Credit
Related Resources
IRS Notice CP10 – Changes to Your Form 1040
Learn more about notice CP10, why you received it, and how to handle an IRS CP10 notice with help from the tax experts at H&R Block.
6 Ways to Maximize Your Refund
Think it's too late to make a difference on this year's tax return? Think again! Learn how to maximize tax deductions and increase your refund with H&R Block.
IRS Notice CP21H – Changes to Your Shared Responsibility Payment (SRP)
The IRS changed your shared responsibility payment. Learn more about notice CP21H and how to handle it with help from the tax experts at H&R Block.
