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Start filingA tax refund is issued by the government when you overpay your taxes over the course of the year. Once you’ve filed your tax return, any overpayment is sent back to you by the IRS in the form of a refund. If you consistently get large tax refunds each year, it means you have more money withheld from each paycheck than is necessary. To adjust your withholdings, file a Form W-4 with your employer and change the number of allowances. Claiming fewer allowances typically boosts your refund, while claiming more allowances typically reduces it.
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