Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
brettcarson97
New Member

Can anyone tell me why turbo tax approved me for $1764 Tax Refund and I only received $1125.

The error message said the ssn was wrong, or the dependent exceeded age limit, or we made $75000 gross income. I double checked and the SSNs on the return are correct, my only dependent is 17 month born 3/30/21 and I only made like $12500. I believe I should amend the return but if all of my info is correct what do I do?
3 Replies
Mike9241
Level 15

Can anyone tell me why turbo tax approved me for $1764 Tax Refund and I only received $1125.

"my only dependent is 17 month born 3/30/21". this date is incorrect it should be 2020. anyway in 2 to 3 weeks you should get a notice from the IRS explaining the changes. wait until then. if you still have questions post back and we may be able to answer them

Critter-3
Level 15

Can anyone tell me why turbo tax approved me for $1764 Tax Refund and I only received $1125.

The difference is probably in the stimulus credit ... you may have entered the incorrect amount you got in advance.  You can check the IRS account site to see what they sent you ...  https://www.irs.gov/payments/view-your-tax-account

VolvoGirl
Level 15

Can anyone tell me why turbo tax approved me for $1764 Tax Refund and I only received $1125.

Those are just generic reasons they give if they changed the Recovery rebate credit on line 30.  How much is on 1040 line 30?

 

You must have had 600 too much on 1040 line 30.  That could have been for the second Stimulus payment if you didn't already get it.  Did you get both the first and second rounds?  Maybe the second one came after you filed?  The IRS knows they already sent it to you.  But you tried to claim it again on your tax return.  

 

If you claimed a missing stimulus payment on your return but the IRS took it off you have to ask the IRS. They think they already sent it to you. Maybe it went to an account you don't remember. Or you got a check or a card. It was probably easy to miss the debit card in the mail and think it was junk mail. They have to put a trace on it.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.49m
Members

2.62m
Discussions

Manage cookies
v