Question

Why was my deposit was almost $400 less than it should've been?

Forum|Forum|2 years ago
February 23, 2024
1 reply
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TurboTax Deluxe Online

Know that your Federal and State refunds will come separately. Your refund could also be offset.

The IRS and State Governments have the ability to offset a refund to pay for certain past due debts.  You generally will receive a letter stating what the offset was for.  

The IRS provides a toll-free number, (800) 304-3107, to call for information about tax offsets.

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K

kelly-kak5478Author

There are no offsets. After subtracting the fees my deposit was still almost $400 short. I heard there have been other Turbo Tax customers with the same issue.