Getting a $1,000 tax refund can feel like a small win. However, that refund may not be the bonus you think it is. In reality, it can be a sign that too much money was taken out of your paycheck throughout the year. In some cases, a larger refund could be the result of changes in tax law, new credits or shifts in income. But for most people, it happens because more federal income tax was withheld from their paycheck than they actually owed. Having more money than necessary withheld from your paycheck pro ...