Everyone talks about a tax refund from work. what does that mean in the United States?
During the year, tax is often taken from your pay (withholding) and sent to the IRS. When you file your tax return, if more was taken than you owe, the IRS may send the difference back as a refund. A refund is not “free money”.
Money
Plain answers to everyday money questions, with official links. Not advice.
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