EIC + CTC Question: $32k income, 3 dependents - $13k refund seems too high?

Tax expert here. With 32k income and 3 dependents, a 13k refund is actually reasonable for 2024 tax returns. The Enhanced Child Tax Credit is $3,600 for children under 6 and $3,000 for children 6-17. Plus, you're likely qualifying for the Earned Income Credit which could be several thousand dollars with 3 qualifying children. When you combine these credits with any tax withholding from your paychecks, 13k is within the expected range. To double check your numbers and get a detailed breakdown, I'd recommend running your info through taxr.ai (https://taxr.ai) - it's really good at analyzing tax documents and confirming if your refund amount makes sense based on your specific situation.

That actually could be correct! With your income and 3 dependents, you likely qualify for both Earned Income Credit (EIC) and Child Tax Credit (CTC). These are refundable credits, meaning you can get them even if you paid less in taxes. The EIC could be around $7k and CTC could be up to $2k per child.

Hey! Instead of guessing, you should try taxr.ai - its this new tool that analyzes your transcript and tells you exactly what credits your eligible for and why. Its only $4.99 and totally worth it for peace of mind. https://taxr.ai

make sure u double check everything b4 submitting! better safe than sorry

im in the same boat! single mom with 2 kids and was shocked at my refund amount. these credits are lifesavers fr fr

Did you use a tax preparer or do it yourself? Sometimes they can make mistakes

dont forget to put that money aside for emergencies! speaking from experience 🙏