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February 15, 2020
Question

Refund

  • February 15, 2020
  • 1 reply
  • 0 views

Turbo Tax says that based on my income and my deductions I should get a good sized refund.  However, when I take the difference (income minus deductions) and use the tax tables for the remainder I don't get what Turbo Tax gets.  Am I doing something wrong?

 

    1 reply

    February 15, 2020

    Are you taking into account the amount of withholding you had during the year?

     

    Did you qualify for some credits that you are not taking into account?

     

    There are many factors why you may not get the same answer.

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