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 Topics

Related Resources

Can I Cancel My IRS Electronic Funds Transfer?

Have you set up an IRS electronic funds transfer to pay your taxes and want to change the amount? Find out what you can do with help from H&R Block.

Who Goes to Prison for Tax Evasion?

Jailtime for tax evasion is a scary thought, but very few taxpayers actually go to prison. Learn more about tax evasion penalties with H&R Block.

Methods of Receiving A Tax Refund

Compare the four tax refund methods – check, direct deposit, Emerald Card and savings bonds, with the experts at H&R Block.

Coronavirus stimulus bill: 4 things individuals and families need to know [INFOGRAPHIC]

Review answers to the top four coronavirus stimulus bill questions from the experts at H&R Block. Find out what individuals and families need to know.