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How am I able to get back more than I put in?

 
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Accepted Solutions
Rachel_W
Expert Alumni

How am I able to get back more than I put in?

You are able to get back more than you paid in because of Refundable Tax Credits which may include:

  • Earned Income Credit
  • Additional Child Tax Credit
  • American Opportunity Credit

These credits can increase your refund even though your tax liability is zero.

You can check out this TurboTax article for more information: Refundable vs NonRefundable Credits.

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1 Reply
Rachel_W
Expert Alumni

How am I able to get back more than I put in?

You are able to get back more than you paid in because of Refundable Tax Credits which may include:

  • Earned Income Credit
  • Additional Child Tax Credit
  • American Opportunity Credit

These credits can increase your refund even though your tax liability is zero.

You can check out this TurboTax article for more information: Refundable vs NonRefundable Credits.

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