Can I receive a tax refund greater than what I paid in?

You might be getting a refundable tax credit. A tax refund is treated like a payment of tax you made during the year. You get the credit, even if you do not owe tax. Additional Child Tax Credit and the Earned Income Credit are some examples of refundable credits. The American Opportunity Tax Credit (for education) is partially refundable. You can also receive credit for repayments of taxable income in previous years.

Find Accountants in Orange County

Chris W Johnston Cpa An Accountancy
34184 Pacific Coast Hwy Suite B
DANA POINT, CA 92629
Stacy S Schlinger Accountancy Corp
1250 N. Lakeview Avenue, #B
Anaheim, CA 92807
Joely Hilado
9090 Moody St. #247
Cypress, CA 90630
Gerardo Munoz
9630 El Rey Ave Apt #8
Fountain Valley, CA 92708
Juan G Zapata
7100 Cerritos Ave #57
Stanton, CA 90680
Todd Wheeler
2665 Stanley Ave
Anaheim, CA 92801