Quote:
Originally Posted by kak125
one thing that confuses me when doing my taxes online. there was a question where it asked if you got a refund last year and i said yes and then it had me enter the amount. i put in the $715 we got back last year and noticed it added it as income. so if this is the case wouldnt all the people i know that get 2-8k back have to put that as income on their returns too? if so i would think that would jack up their income enough that they wouldnt get nearly as much back next year right?
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Correct. Anything you got back last year is considered "income" since you technically didn't pay taxes on it when it was withheld from your paycheck.