Do You Get A Big Refund? Why You May Want To Reduce It And How To Do So
Most Americans want a big refund when filing their personal income taxes. But there may be situations where it's better not to receive a large refund. How can you decide, and what can you do about it? Here is some help answering the question of whether you should voluntarily reduce your refund. Is the Refund from Refundable Credits or Not? There are basically two ways to get a refund. One is to receive refundable tax credits, such as the Earned Income Tax Credit or the Additional Child Tax Credit.