JulieS
Expert Alumni

Get your taxes done using TurboTax

If you are getting a refund and did not have any withholding, you must be showing a refundable credit. 

 

I don't know the specifics of your situation, but there are several refundable credits this year including:

  • Earned income tax credit (EITC) - Credit is based on the amount of your earned income and your total income.
  • Premium tax credit (PTC) - If you have Marketplace insurance coverage, you may get a credit for not taking the entire advance during the year to which you were entitled.
  • American opportunity tax credit (AOTC) - This is based on higher education expenses. 
  • Child tax credit (ACTC) - This based on having dependent children.
  • Health coverage tax credit (HCTC) - This is a credit for small businesses that provide health coverage to employees.
  • Recovery Rebate Credit (RRC) - If you did not receive the third Stimulus payment, you can claim it on your tax return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"