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kvnlewis
New Member

I received my return. It is not the correct amount. What do I need to do to fix this?

 
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3 Replies

I received my return. It is not the correct amount. What do I need to do to fix this?

i got screwed too... my refund amount is $1,200 short

I received my return. It is not the correct amount. What do I need to do to fix this?

@kvnlewis  wrote:  "I received my return. It is not the correct amount. What do I need to do to fix this?"

 

You said "return", but are you referring to a Federal refund or a state refund?   If you are getting both, they come separately.  So do not add them together.  Consider them separately.  Do not go by any "total refund" or "net refund" amount that TurboTax may have displayed on a summary screen, which includes both Federal and state refunds.

 

You didn't say "how short" your refund is, so here are some possibilities.  Or was your refund too large??

 

Did you have any TurboTax fees that you chose to pay out of the Federal refund?  If so, in addition to the product fees, there is a $40 service fee ($45 for California filers).   Also possible sales taxes.

 

If it was the IRS that reduced a Federal refund, or a state reduced a state refund, you should get a letter in 3-4 weeks or so explaining why.   Or you can phone the relevant tax agency to see if you can learn anything, if you wish.

 

If the IRS lowered your refund due to an offset, there might be a message at the IRS "Where's My Refund" tool.

https://www.irs.gov/Refunds

I received my return. It is not the correct amount. What do I need to do to fix this?

thanks, that helped... so here's the end result:

 

1. TurboTax incorrectly filled out my tax return (either based on my bad input or its software)

2. you cannot trust that the final figures on your tax return are correct despite TurboTax algorithmic checking

3. the IRS will correct any refund or monies due amount on your return

4. you won't find this out from TurboTax, you must go the irs.gov

5. to avoid an confusion i will resolve to pay for the return myself and not have the money go through TurboTax

(deposit on my bank account does not show a deposit from the Treasury, but 'TAX PRODUCTS PE3 SBTPG LLC")

 

a not very good surprise... to be fair our tax situation was a tad different this year... next year should be simpler

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