IF A HUSBAND AND WIFE ARE FILING A JOINT RETURN, AND THE TOTAL POSSIBLE LEGAL DEDUCTIONS ARE HIGH, CAN THE REFUND BE LARGER THAN THE TOTAL FEDERAL TAXES PAID IN?
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1 Replies
Vanessa A
Expert Alumni
Apr 7, 2025 1:35:23 PM
Yes. If you have refundable credits such as the Additional Child Tax Credit, American Opportunity Tax Credit, or Earned Income Credit, it is possible to get a refund of more than you paid in.