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Bloom4
New Member

My son started a new job last year and when he did his taxes didn't get much refund. He always got a good size refund. What does he need to do to get a larger refund?

 
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2 Replies

My son started a new job last year and when he did his taxes didn't get much refund. He always got a good size refund. What does he need to do to get a larger refund?

If your son wants to give the government an interest free loan all year so that he can get a bigger refund at tax time, he can increase the amount of tax withheld from his wages.   A big refund based on withheld tax only means you gave the government the use of your money all year.  Some people choose to do that.

 

https://www.irs.gov/pub/irs-pdf/fw4.pdf

 

 

https://www.irs.gov/individuals/tax-withholding-estimator

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
OmM1
Employee Finance Expert

My son started a new job last year and when he did his taxes didn't get much refund. He always got a good size refund. What does he need to do to get a larger refund?

Hello Bloom.

Please have your son reviewThis Article in addition to reviewing and updating his W4.

Thank You

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