Question

Hi: My refund is not per tax return computation by TurboTax. I don't owe any back taxes. Haven't received any explanation from IRS. How to find out why the discrepency?

Forum|Forum|1 year ago
October 14, 2024
1 reply
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My refund not per Turbo Tax computation. I don't owe any back taxes.
How to find out why there is a difference between Turbotax refund computation as submitted via Tax return and what IRS has refunded me?
I haven't received any notice or explanation letter. Please advise how to proceed.

TurboTax Online

VolvoGirl

Employee

Federal and state refunds come separately. How much is missing? The IRS will send you a letter why. Were you having the fees deducted from your refund? There is an extra $40 service fee to have the fees deducted.

I would check over your return and see if you can see anything wrong especially in the payments section. Make sure you agree with all the amounts listed. Like is the difference the same or close to the refund you got last year? Maybe you put down that you applied last year's refund to this year? Or you applied part of your refund to next year as an estimated payment. Or you put down you made a payment with an extension or paid an estimated payment that you didn't make?