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April 16, 2025
Question

Refund Deficit

  • April 16, 2025
  • 1 reply
  • 0 views

After completing my 2024 taxes, I owed the IRS. I immediately paid through the IRS site. TT immediately took their payment (of course), yet my state tax refund is deleted by the Federal bill. 

This is poor accounting and needs to be corrected.

 

    1 reply

    Employee
    April 16, 2025

    @authoress540213 wrote:

    After completing my 2024 taxes, I owed the IRS. I immediately paid through the IRS site. TT immediately took their payment (of course), yet my state tax refund is deleted by the Federal bill. 

    This is poor accounting and needs to be corrected.

    If you're referring to a summary screen in Online TurboTax, it shows the net affect of the Federal and state returns.    It shows what is left in one's pocket when the 2 returns are netted.    That screen has confused many users for several years.