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Duece2014
Level 2

irs transcript have less amoutn thatn my tt tax

my irs transcript shoiwng my tax refun of 5818.00 but tt tax amount is diffrent explain please 

thanks and how long will it take to get my refund since it is on my irs transcript

2 Replies
Mike9241
Level 15

irs transcript have less amoutn thatn my tt tax

did you report unemployment compensation on your return?  under the recent ARP act up to $10,200 may be tax exempt.  if so, and you filed before the TT app was updated, then the IRS says it will adjust such returns and issue refunds where needed.  your refund may come in 2 parts. what was shown as filed and the second part after the IRS recalculates your return. no date was given for these refunds but they will probably start some time in May

Duece2014
Level 2

irs transcript have less amoutn thatn my tt tax

Spoke to IRS FINALLY they stated error with TT software caused error so they subtracted 1200 stimulus money from line 30!! TT ERROR

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