Why is my refund $2860 less than what Turbo Tax calculated? Is there a problem with the software because this is a big calculation error? I've used this software for many years & have never had this problem.
You'll need to sign in or create an account to connect with an expert.
Refund problem was my mistake. Did not realize I had received 3rd stimulus amount.
Does the IRS website indicate that you were sent less than what was reported on your federal tax return Form 1040 Line 34? - https://www.irs.gov/refunds
Refund problem was my mistake. Did not realize I had received 3rd stimulus amount.
More confused. Actually received a letter from the IRS. saying there was an error on my form. They listed 5 possible errors. None of these apply. They also listed my tax calculations on my form and their calculations They are identical.
The letter also stated the amount deposited in my checking. This is $ 171 less than I actually received. Not to mention more than $ 1500 less than the amount of my return calculated on TurboTax. I did include the $1400 on line 30.
They said to contact them by May 27. I’m sure getting through to them is a piece of cake. 🤪
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Blancspons
New Member
uzzell-luke
New Member
alexis062484
New Member
pfeif09
New Member
RayZ2
Level 2