Massive tax refund??

[Jenna]

Okay, TT is showing I’ll get a refund of over $22,000!! Is this even possible???? I’ve been in limbo since I filed on 1/30. I have the processing message. This is freaking me out! Any help would be great! Just an FYI: I’m claiming my 2 kids (married, filing joint) and I have education credits. But still…..22,000…..

[lp7]

It can be 22,000 if you have the type of job that has taken out too much in taxes. My husband works in car sales they do a flat tax we we always get 15,000 to 19,000 back in taxes

[ceg1207]

We are getting over 15k back. Our AGI is over 170k though. Mine has finished processing and transcripts updated with refund being issued as is. One step closer. Filed 1/31 and it updated today. Hope this helps.

[Anonymous]

I make just under $125K per year and my refund this year is slightly over $16K. So yes, that is possible if you are making good money with tax credits.

[Rebecca]

I have 4 kids and mine is just under 10000

[Bagel]

Umm, basically that’s saying that you paid $22,000 in taxes over the course of the year. The only way that’s really possible is if you’re making 6 figures, well above $100k.

[Anonymous]

You’ll get a 570 if they put a hold on the refund. 22,000 seems really high. If an error caused the refund to be that high you can count on a thorough second look .

[LadyLeo]

It’s possible, Ive seen them in that range before.

[Jenna]

@Jeff- I’m so nervous!!!! I filed on 1/30 and haven’t heard anything back yet….just that processing message. Would the IRS correct the return if there’s a mistake? I’m freaking out! lol

[Jeff]

Sounds like a bit too much! I thought my return was freakishly large at a bit over $10k. I am filing married joint with 2 kids and wife is unemployed. I also claim 0 on my w4 witholdings. So unless you give additional money weekly on top of claiming zero I think something might be amiss. All the better to you though if it’s correct!

[Author]

Replies