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Start filingA tax refund is issued by the government when you overpay taxes over the course of the year. Once you’ve filed your tax return, any overpayment will be 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 amount of allowances. Claiming fewer allowances typically boosts your refund, while claiming more allowances typically reduces it.
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