Question

Should my refund from 2023 be higher?

Forum|Forum|1 year ago
March 5, 2025
1 reply
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I was going through the year end recap for 2024 and noticed that the refund for 2023 seems to be too low. For 'Tax Liability' the amount listed was $102,553 and for 'Total Taxes Paid' the amount listed was $107,119, but the refund was only calculated to $2,443. By my math it should have been $4,566. Did TurboTax make a mistake? How would I go about remedying it?

JohnB5677

Let's confirm some of the numbers on your form 1040 tax return for 2023.

Line 24 Total Tax
Line 33 Total payments
Line 34 Overpayment This is line 33 minus line 24
Line 35a is the Refund you requested
- It should be the same as line 34 unless you wanted to do something else with the refund.