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Money and Finances
Reply to "Federal vs State withholdings"
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[quote=Anonymous]I've done my taxes for 2012 and discovered that even though I claim the same number of exemptions for both federal and state tax purposes, my state tax refund is about 5 times larger than my federal refund. The only additional deduction I'm taking for state tax purposes is the $2500 in education savings. Could anyone think of a reason for such a discrepancy?[/quote]
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