Typically, if you overpaid your taxes during the year, you may be entitled to a payroll tax refund. This refund is issued by the Internal Revenue Service (IRS) and is based on the amount of taxes that were withheld from your paychecks. The refund will be equal to the amount of taxes that were overpaid, minus any penalties or interest that may be owed. In order to receive a payroll tax credit, you must file a tax return and include a copy of your W-2 form. The IRS will then issue a refund check, which will be sent to the address listed on your tax return.