| Tax refund for Military Bonuses
I reenlisted in the army during '07 and recieved an 18000 bonus that was taxed 25%. I was expecting to recieve a big refund, however, turbotax is saying that that I am entitled to recieve a refund far less than I anticipated. I also paid 1100 in interest on student loans, which should increase the amount of the refund, but it didn't, so i am wondering if I am doing this tax return correctly. If I earned 47000 and had 6980 withheld in federal taxes, is a refund of 3000 resonible or should it be higher. This is the most I have had withheld from me and I expected to have a higher return than this.
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