Money Worksheet

Taxes - larger refund than what was taken out?

I'm a full-time independent student. When I do my tax worksheet, without even claiming the tuition deduction, I get all the money back that was taken out of my checks for federal income tax. If I claim the tuition deduction, can I get more money back, or is the most possible you can get refunded is what was taken out?

Public Comments

1. you definitely can get back more than you pay in. take it!
2. Only some credits are "refundable" - meaning that you can get those amounts refunded to you. Most credits are non-refundable credits - they are reduce the amount of taxes you owe.