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June 5, 2019
Solved

Is it possible that we paid in $4000 last year and this year it shows we're getting $7300 back? That can't be right.

  • June 5, 2019
  • 1 reply
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Best answer by AmyW
If your total tax payments and credits are greater than your total tax liabilities, then you will receive a refund for the overpayment. If you received refundable credits, your refund may be greater than the amount of tax paid Just in case, you should review your return, checking your date entries starting with your W-2, looking for errors such as misplaced decimals or extra zeros. 

Please note that many state forms haven't yet been finalized by the states. Until the forms are finalized, the calculations may not be correct.

1 reply

AmyWAnswer
June 5, 2019
If your total tax payments and credits are greater than your total tax liabilities, then you will receive a refund for the overpayment. If you received refundable credits, your refund may be greater than the amount of tax paid Just in case, you should review your return, checking your date entries starting with your W-2, looking for errors such as misplaced decimals or extra zeros. 

Please note that many state forms haven't yet been finalized by the states. Until the forms are finalized, the calculations may not be correct.