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progree

(11,994 posts)
5. Not all refunds are a return of what the person paid in. Some people get the
Sun Jan 27, 2019, 04:53 PM
Jan 2019

earned income credit and the child tax credit, and a "refund", even though they paid nothing in either through estimated taxes or withholding or by any other means. Google: refundable credits.

A friend of mine was self-employed and paid nothing in, in any way, shape, or form, but got something like a $3,000 check.

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Latest Discussions»Culture Forums»Personal Finance and Investing»Expecting a Big Tax Refun...»Reply #5