Skip to main content
Level 1
February 26, 2020
Question

Refund amount

  • February 26, 2020
  • 1 reply
  • 0 views

I was sent half of what I suppose to get , do they send The rest later today or tomorrow!?

    1 reply

    Level 15
    February 26, 2020

    MY REFUND WAS LESS THAN I EXPECTED

    There can be a number of reasons why your refund was less than the amount you expected. First of all, look carefully at your actual tax returns.  There is sometimes confusion about the amount of refund to expect when users misinterpret the “summary” they saw in TurboTax. The amount of your refund is on your tax return.  Federal refund line 20 on Form 1040

     

    TurboTax does not receive feedback from the IRS regarding money that was offset from your refund.  If you owed back taxes, child support, student loan debt, etc. you will receive a letter of explanation from the IRS in several weeks.  The WMR site will contain a message regarding your offset.  It is also possible that the IRS caught a mistake you made and reduced your refund.

     

    It is also possible that your state reduced your refund for debts owed in your state—if the state reduced your state refund you will receive a letter from the state.

    https://www.irs.gov/uac/tax-refund-offsets-pay-unpaid-debts

     IRS Treasury Offset Program Call Center at 1-800-304-3107

     

    Be aware also that your Federal refund and state refund do NOT come together. Federal and state tax returns are processed by two completely separate entities.

     

    Did you choose to have TT fees deducted from your Federal refund?  (Remember that if you did that, you also agreed to an extra refund processing fee of $39.99)

    How can I see my TurboTax  fees?   

    https://ttlc.intuit.com/questions/2565973-how-do-i-review-my-fees-in-turbotax-online

    **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.**
    Level 2
    March 17, 2020

    MY REFUND REFLECTED ON LINE 20  OF FORM 1040-SR IS $1471: THE ACTUAL AMOUNT OF CHECK SENT TO MY ACCOUNT BY IRS, WAS $1172----$299 LESS THAN CALCULATED ON MY TAX FORM????/

     

    PLEAS EXPLAIN WHY

     

    NOTE: NO STATE TAX; NO EXTRA FEES!!!!

    Level 12
    March 17, 2020

    A lower deposit could be caused by a few different things. Please click the link below for more information.

     

    Why is my direct-deposited refund or check lower t ...

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"