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Level 1
March 16, 2020
Solved

My tax refund received does not match my expected refund

  • March 16, 2020
  • 2 replies
  • 24 views
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Best answer by bluedeb

No one here would know why your refund was not what you expected.  You will receive a letter from the IRS and/or State explaining the difference in your refund.

Why is my direct-deposited refund or check lower than the amount in TurboTax?

https://ttlc.intuit.com/community/refunds/help/why-is-my-direct-deposited-refund-or-check-lower-than-the-amount-in-turbotax/00/25594

2 replies

bluedeb
Alumni - Champ
bluedebAlumni - ChampAnswer
Alumni - Champ
March 16, 2020

No one here would know why your refund was not what you expected.  You will receive a letter from the IRS and/or State explaining the difference in your refund.

Why is my direct-deposited refund or check lower than the amount in TurboTax?

https://ttlc.intuit.com/community/refunds/help/why-is-my-direct-deposited-refund-or-check-lower-than-the-amount-in-turbotax/00/25594

Level 2
February 24, 2021

What an unusual answer and not very satisfactory. 

 

The difference between what TurboTax said my federal refund would be and what I got is $989 less.  So I can certainly wait for a letter from the IRS but why would there be such a difference between the two when TurboTax desktop software "checks" the return and the return was "accepted" by the IRS?  Our return was quite straight forward and uncomplicated.  

 

Level 2
February 24, 2021

Oh and to be very clear.  I ran updates on the software continuously before and after filing my return in case something was updated and there is still this large difference in refund between the TurbTax and what we received.   Thank you. 

Level 2
March 10, 2021

TurboTax said I would get $600 more in refund than I did and when I went back and rechecked, TT said everything was error free, but when I went through each section and it asked about the stimulus payments, without changing any numbers, my refund was suddenly $600 less. Seems like an error or a bug.

macuser_22
Alumni - Champ
Alumni - Champ
March 10, 2021

If you said that you already receive the $600 stimulus then of course it would be removed from your refund.  You do not get the same money twice - what did you expect?

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
Level 2
March 10, 2021

I think macuser's response here is rude and unnecessary.   sjgibbs was talking about a possible glitch in the TT software not that they were expecting the money twice. If they made no changes to the software then the refund amount should not have changed.   Please be nicer.