Quote (LongClip @ May 9 2020 05:46am)
You have to pay taxes to be able to qualify to receive a refund yes. No one gets triple what they paid in back though.. Where do you hear this misinformation? The government doesn't say "Oh you paid in $1050 in taxes. Lets give you $3000 back" That's ridiculous to think.
If someone is working a cash job and doesn't mark what they made down as income when they file taxes it will not affect their tax return. Its also illegal and called tax fraud.
So working a month on the books you pay your normal tax rate and you get some of the taxes you paid in back. Most of the time its majority of your federal and state income tax you paid. Depends on what you claimed as far as "0" "1" etc.
You can get more back than you paid in. Based on dependants, tax credits, income bracket, health insurance, etc. Lots of variables.
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