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Is it possible to get a bigger refund than the amount of tax paid in?
I just did my taxes on Turbo Tax. I made $45000 in Wis last year. I did get married, my wife is a housewife so she has no income. My daughter started college last fall and we paid her tuition. After doing our taxes, it states that we will get a refund of $5500 from the federal and $1200 from the state. How can this be when we only paid $4350 in taxes to federaL and $2278 to state. I am not complaining but something just don't seem right. I checked my numbers and they were entered correct.
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‎June 4, 2019
7:44 PM