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March 9, 2021
Question

Refund was $1250 more than Turbo Tax calculated.

  • March 9, 2021
  • 1 reply
  • 0 views

I received a refund that was $1250 more than what Turbo Tax calculated.  There was no explanation.  Why would the IRS increase the refund?  Why would Turbo Tax not calculate in correctly?

1 reply

Employee
March 9, 2021

TT stands by its calculations.  The IRS will be sending you a letter, but could you have made a data entry error? Or forgotten to claim an estimated tax payment (or 2019 refund applied to 2020)?