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glsn1655
New Member

Wrong amount returned tax

 
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3 Replies

Wrong amount returned tax

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.  There s no rule as to which one will come first,

 

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.**

Wrong amount returned tax

I’m active duty military and It states that I’m only getting 85 dollars, everyone I work with is getting above 500 there must have been an error, it’s not possible that I’d be getting below 100 dollars. 

MarilynG1
Expert Alumni

Wrong amount returned tax

It's not a good idea to compare your tax return with others; they may different amounts of withholding than you do.

 

We can't see your tax return in this forum; however, I can give you some tips of where to check for incorrect entries.

 

First, make sure you indicated you are 'active duty military' in the MY INFO section.

 

If so, go the the W-2 section and EDIT your W-2 to make sure all amounts/codes on your W-2 are entered correctly in TurboTax.

 

You Refund depends on the amount of tax withheld as compared to the amount of tax due. 

 

If you're using TurboTax Online, in the left side panel, click on TAX TOOLS > TOOLS, then choose 'View Tax Summary' on the pop-up menu.  Look at 'Total Tax' and 'Total Payments'.  The difference is your Refund.

 

If you have credits, like the Earned Income Credit or Child Tax Credit, be sure you go through those sections. 

 

Click this link for more info on My Refund is Less than Expected.

 

 

 

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