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January 1, 2022
Question

Why is my federal refund suddenly lower than it was before when I first went over my taxes through here? It’s over a thousand dollar difference which is ridiculous.

  • January 1, 2022
  • 1 reply
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1 reply

Employee
January 1, 2022

No one can see your screen or your tax return, so no one knows what changed or why.    The software still needs lots of updates and you most likely still have to wait for a number of income documents to enter before you can complete your return.   You cannot e-file yet.    Be patient and wait for ALL of your information to be entered so that the calculations are based on the right information and are being done by updated software.

 

 You still need your 2021 W-2's and any 1099's that will show your income for 2021.    Those will not be issued until around the end of January. 

 

The tax forms are not ready yet. The software still needs lots of updates.  Go to the REVIEW tab to see which forms in your return are incomplete and the estimated dates they will be ready (dates always subject to change) and sign up for the email alerts if you wish.  

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
fanfare
Employee
January 1, 2022

It's a good idea to go over your return several times, reviewing it carefully to be sure it is correct before you SUBMIT.

 

Always print a copy of your completed tax return for your records, and review it carefully before e-Filing.
You will need it if you are audited by the IRS, or to amend if a TurboTax update changes your return or for any other reason,

AND, to find your AGI next year.