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Direct deposit wasn't correct amount

My projected refund and the deposit into my bank account are different by almost 1000$.
1 Reply
Level 15

Direct deposit wasn't correct amount

One possibility why your deposited amount is less than your expected refund is, you used the Refund Processing Service to pay your TurboTax Online fees, your TurboTax fee plus the additional processing fee of $34.99 (plus sales tax) is deducted from your federal tax refund.

Another possibility is that your refund was reduced by the government, either to correct an error or through a refund offset. The IRS Where's My Refund tool will let you know if your refund have been offset. You'll get an explanatory letter from the government if your refund differs from what was on your filed return.

Federal and state refunds are sent separately, so you may have gotten one but not the other.

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