turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

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

Federal refund is 341.00 more after update?

my 2020 federal tax return refund is now 341.00 more after update and I already filed what changed?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
rjs
Level 15
Level 15

Federal refund is 341.00 more after update?

When did you file? On your tax return did you have either unemployment income or excess Advance Premium Tax Credit? Either of those could account for the increase in your refund. If it's one of those, you don't have to do anything. The IRS will recalculate your tax return and send you the additional refund.


Unemployment would be on Schedule 1 line 7. Excess Advance Premium Tax Credit would be on Schedule 2 line 2.

 

View solution in original post

2 Replies
rjs
Level 15
Level 15

Federal refund is 341.00 more after update?

When did you file? On your tax return did you have either unemployment income or excess Advance Premium Tax Credit? Either of those could account for the increase in your refund. If it's one of those, you don't have to do anything. The IRS will recalculate your tax return and send you the additional refund.


Unemployment would be on Schedule 1 line 7. Excess Advance Premium Tax Credit would be on Schedule 2 line 2.

 

Federal refund is 341.00 more after update?

Thank you for the quick answer!  I did have unemployment income.  Grateful I don't have to file an amended return. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question