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Level 2
February 15, 2025
Question

What this mean?

  • February 15, 2025
  • 3 replies
  • 24 views

 

    3 replies

    Level 13
    February 15, 2025

    This means that your federal tax liability was $2,425, but you had credits and withholding totaling $8,314 ($4 + $1,700 + $6,610). Based on what you have shown, your credits and withholding exceed your tax liability, and you can expect a refund of $5,889 ($8,314 - $2,425).

     

    Here is the IRS's website where you can track your refund: Where's My Refund?

    Level 2
    February 15, 2025

    And the refund date is 2-24-2025?

    Level 13
    February 15, 2025

    Not necessarily. ‌The screenshot says that 2/24/25 is the processing date, which happens prior to approving the refund.  

     

    Use the IRS's Where's my Refund? tool to get an estimate of the refund date.