The more exemptions you claim then lower the withholding and less refund - the fewer exemptions the higher the withholding and more refund. The refund is getting your own over-withheld money back - essentially an enforced saving plan that pays no interest, rather than having the money in your pocked when you earn it and not give it to the government to keep it for you interest free.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
