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Is federal tax refund the amount of what I'm getting back in taxes ?

 
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9 Replies
ee-ea
Level 15

Is federal tax refund the amount of what I'm getting back in taxes ?

It is.

Is federal tax refund the amount of what I'm getting back in taxes ?

Refund = money you get back

 

Tax Due = money you owe and have to pay to the IRS or state

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Is federal tax refund the amount of what I'm getting back in taxes ?

Look at your Form 1040.   Line 35a shows your refund.

 

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Angelvale
New Member

Is federal tax refund the amount of what I'm getting back in taxes ?

I'm in disbelief with this 

Screenshot_20240119_225924_TurboTax~2.jpg

 

Angelvale
New Member

Is federal tax refund the amount of what I'm getting back in taxes ?

Someone please tell me if I'm wrong but does this sound correct ?

Is federal tax refund the amount of what I'm getting back in taxes ?

You need to check your data entries.  You might have added some zeros or misplaced decimal points.  The comma and the decimal are next to each other on the keyboard so it is easy to strike the wrong key.  Avoid trying to enter commas or decimals into the software whenever possible.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Angelvale
New Member

Is federal tax refund the amount of what I'm getting back in taxes ?

Thanks . I'm just gonna walk in a tax office near me they should be able to correct my misunderstanding 

Is federal tax refund the amount of what I'm getting back in taxes ?

Did you have $25,000 in federal tax withholding?   W2 box 2.  Maybe you typed the decimal point in the wrong place or left it out or made a typo.  Check your W2 box 2.  If you haven't filed yet delete the W2 and manually enter it.  

Is federal tax refund the amount of what I'm getting back in taxes ?

Agree----my best bet is that "$25 thousand plus" of withholding!    Bet that was supposed to be about $2500 hundred ish instead.          Unless you made a LOT of money as shown in Box 1.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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