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April 24, 2024
Question

Why is my refund reduced by $700

  • April 24, 2024
  • 1 reply
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I checked the irs site and my mail. I didn’t owe anything because it was paid last year. Why was my refund reduced by $700 ? 

1 reply

April 24, 2024

This information is not provided to TurboTax.  You would have to call the IRS at 800-829-1040 to see why they made a change.  This can happen for reason such as to them having information that does not match what you entered so they make a correction.  This can occur due to an entry error or missing W-2 or 1099 that they received that you did not enter on your return.  It can also occur because of a refund offset, or an adjustment to a credit or deduction you claimed. 

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Employee
April 24, 2024

The IRS will mail you a notice or letter explaining why they changed your tax return.  It may take a couple weeks or more for you to receive it.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.