TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Level 2

Question

Incorrect Amount Refunded by IRS

Forum|Forum|5 years ago
March 13, 2021
1 reply
1 view

IRS refunded wrong amount (less than filed for). What should I do now?

Alumni - Champ

Wait for a letter. Give two weeks from deposit.

Tuckerd3800Author

Level 2

I now see online the reason that they changed the amount. They disallowed the amount of money that I reversed as an RMD in 2020. Per Fidelity I should not be paying taxes on this amount but the IRS begs to differ. They say I 'contributed' too much because of the reversal. I tried the solution of deleting the 1099-R and manually re-entering it and made sure I said none of it was an RMD and it still wants to claim that the reversed amount that was 'contributed' in 2020 is too high and therefore ineligible for a cotnribution so it is taxed. This reduced by refund by over $1000. Solutions anyone???