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Level 3
posted Jun 17, 2020 12:58:48 PM

Change in refund amount on TT

 

I submitted my 2019 tax returns in March 2020.  I was to get a federal refund of around $5K, I got that amount deposited in my bank.  Now when I pull TT up, it says 'IRS has accepted and you are done' but the refund amount is around $12K !!    I made no changes whatsoever.  

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1 Replies
Expert Alumni
Jun 20, 2020 1:26:39 PM

Sometimes the TurboTax refund meter will show estimates even after your return is filed when updates to the system have been made, but you can ignore these.


The refund meter is just an estimate from within the program and is not the refund that is calculated on your return.