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In this video, I explain how a tax refund works and why it may not be such a good idea to get a huge refund every year. I also go through the differences between a refundable tax credit and a non-refundable tax credit. #IRS #taxrefund #irsrefund Check out our other videos related to personal finances and tax, as well as business finances and tax. If you enjoy our content and want to support us, donate through Venmo @nguyencpas If you want more live Q&As or one on one chats to get specific questions answered, check out our Patreon page: / nguyencpas Our Website: www.nguyencpas.com Join our Facebook group for more active updates: / nguyencpalounge Our online course for navigating the pandemic: https://courses.nguyencpas.com/course... Budgeting Playlist: • Budgeting Winning in Business Playlist: • Winning in Business Tax Playlist: • Tax PPP Playlist: • PPP Information EIDL Playlist: • EIDL Information COVID-19 Playlist: • COVID-19 This video is for entertainment purposes only. The information portrayed in this video should not be considered as tax or legal advice. Consult with your own tax professional and attorney to get proper advice for yourself.