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June 1, 2019
Solved

I assume that the maximum refund I can receive is the total amount withheld. Is that correct?

  • June 1, 2019
  • 1 reply
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Best answer by RichardG

Generally speaking, yes.  There are a few refundable tax credits which can increase your refund over and above your withholdings.  The main refundable credits are:

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

1 reply

RichardGAnswer
Employee
June 1, 2019

Generally speaking, yes.  There are a few refundable tax credits which can increase your refund over and above your withholdings.  The main refundable credits are:

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