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tom20
New Member

My refund according to Turbo Tax was $6,764, but the IRS disagreed and came back with $5,002. How do I reconcile this with Turbo Tax?

 
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3 Replies
pk
Level 14
Level 14

My refund according to Turbo Tax was $6,764, but the IRS disagreed and came back with $5,002. How do I reconcile this with Turbo Tax?

Wait for the explanatory note from the IRS --- they are probably disallowing some credit or you may have some outstanding debts that IRS is honoring.  Just have to wait so you know where the error is.

My refund according to Turbo Tax was $6,764, but the IRS disagreed and came back with $5,002. How do I reconcile this with Turbo Tax?

I would check over your return and see if you can see anything wrong especially in the payments section.  Make sure you agree with all the amounts listed.   Like is the difference the same or close to the refund you got last year?  Maybe you put down that you applied last year's refund to this year?  Or you put down you made a payment with an extension or paid an estimated payment that you didn't make?

If the IRS adjusted your refund they will be mailing you a letter explaining why the changed it.

My refund according to Turbo Tax was $6,764, but the IRS disagreed and came back with $5,002. How do I reconcile this with Turbo Tax?

or maybe you just made a data entry error.
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