Why Some Taxpayers May See a Bigger IRS Refund Than They Expected This Year

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Some taxpayers could receive a bigger IRS refund than expected as updated withholding, refundable credits, and year-end reconciliations combine to increase the final approved refund beyond early estimates—especially for filers who experienced income changes or corrected details. What’s Driving Larger-Than-Expected Refunds Refund outcomes are finalized by the Internal Revenue Service after income matching and credit … Read more