Skip to main content
January 10, 2022
Question

I’ve paid well over 9,000 in taxes why is my refund estimate so low

  • January 10, 2022
  • 1 reply
  • 0 views
I’ve checked govt sites and turbo tax offers me the lowest refund estimate, why?

1 reply

January 10, 2022

Your refund amount is directly tied to your income tax and the amount of tax you paid in through withholding or estimated tax. If you paid in $9,000 but have a minimal refund, then your income tax, based primarily on the amount of you income, must be around the same amount.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"