turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Ask the Experts All About the W-4! >> Event happening TOMORROW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

RECEIVED 30% of my REFUND

IRS accepted my federal return for $2200 and TPG deposited $640 in my account. WTF?? 

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

13 Replies

RECEIVED 30% of my REFUND

 Sometimes we can make an educated guess as to the reason for your reduced refund if you mention specific amounts--for example if your refund was short by $1400---it is likely to be a mix up regarding the 3rd EIP payment.   If it is short by $1800 or  $1500 or  a multiple of that amount  ---   maybe a mixup regarding the advance child tax credit payments.   

 

Or---the fees you were supposed to pay for using TurboTax + the "refund processing fee" charged by the third party bank….

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 or $44.99 in CA)

How can I see my TurboTax  fees?   

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

 

What is Refund Processing Service?

 

 

The IRS will send you a letter that explains why your refund was reduced.   Meanwhile it might help you to check your online IRS account.

 

 

https://www.irs.gov/payments/your-online-account

 

 

https://blog.turbotax.intuit.com/tax-refunds/why-is-my-tax-refund-not-what-i-expected-49240/

 

https://www.irs.gov/newsroom/questions-and-answers-about-the-third-round-economic-impact-payment-top...

 

If you need to trace a payment that the IRS says has been issued to you, mail or fax a completed IRS Form 3911, Taxpayer Statement Regarding Refund.

 

 

 

Updated IRS FAQ about recovery rebate credit

https://www.irs.gov/pub/taxpros/fs-2022-27.pdf

**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.**

RECEIVED 30% of my REFUND

You’re full of **bleep**. You stole from me. PERIOD. 

RECEIVED 30% of my REFUND

Sorry----you are upset.   "I" did not steal from you.   I do not even work for TurboTax.   The people who are answering questions in this forum are unpaid volunteers who are trying to help people.   Wait for the letter that you will be receiving from the IRS.

**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.**

RECEIVED 30% of my REFUND

TT does not ever receive your refund, so cannot steal it.  And the IRS does not notify TT when it makes an adjustment and/or offset.

RECEIVED 30% of my REFUND

Give me contact info for TPG PRPDUCTS. 

RECEIVED 30% of my REFUND

@sd22sd 

 

Your tax refund was not sent to TurboTax.   TurboTax does not handle your refund at all.

 

Santa Barbara Tax Products Group, LLC  (SBTPG) is the bank that handles the Refund Processing Service when you choose to have your TurboTax fees deducted from your refund. This option also has an additional charge from the bank that processes the transaction. 

You can contact them SBTPG, toll-free, at 1-877-908-7228 or go to their secure website www.sbtpg.com 

https://ttlc.intuit.com/questions/2580357-who-provides-the-refund-processing-service

 

 

 

https://ttlc.intuit.com/community/refunds/help/who-provides-pay-with-my-refund/00/26410

**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.**

RECEIVED 30% of my REFUND

There is no way in hell I chose to give $1600 to ANYONE for me doing my own taxes. 

I don’t have children so it NOT a child tax credit issue. This is terrible. 

RECEIVED 30% of my REFUND

@sd22sd Have you even tried looking at your IRS account to see if the IRS shows that you received the $1400 stimulus last year?   Because if you did receive it and then had $1400 on line 30 of your tax return---that is your problem.  That $1400 plus TurboTax fees could have added to the amount you think you are short by.   

 

When you look at the IRS refund site does it say they sent you the whole refund amount you expected or does it give you a message about a reduced refund?

**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.**

RECEIVED 30% of my REFUND

I did not receive any stimulus money! I’m a single woman, no children and I’m not an idiot. So the government didn’t think I needed a handout.

RECEIVED 30% of my REFUND

@sd22sd 

 

Take a deep breath ... we are trying to help you here to figure out what happened & give you a solution but your indignation is not helping here.  

 

First ... the IRS only ACCEPTED the return for processing ... did not accept your refund amount.   Now during processing they probably corrected the return most likely for the $1400 stimulus credit.  Please look at the IRS site to see how much they actually sent ... was it $1400 short ?

 

If so in the program  ...  Answering No on the question asking if you received a 3rd stimulus payment means you told TurboTax that you did not receive any payments.

 

In that case, TurboTax would add an amount on line 30 Form 1040 because you said you never received any stimulus money  but if the IRS disagrees they would remove the credit amount.  

 

So... if you never received a stimulus deposit or check—and the IRS records show  they paid you—then you should ask the IRS to trace your payment.  Many payments were sent and not cashed so a trace is the only option available to you.  Some were sent on debit cards that looked like junk mail and many folks thru them in the trash.    If the payment was never cashed ONLY THEN can you send in an amended return to claim the credit and attach the findings letter with the 1040X form. 

 

The fastest way to initiate a trace is to contact the IRS by calling us at 800-919-9835.

 

You can also complete Form 3911:

  • Write "EIP3" on the top of the form to identify the payment you want to trace.
  • Complete the form answering all refund questions as they relate to your Economic Impact Payment.
  • When completing item 7 under Section 1:
    • Check the box for "Individual" as the Type of return
    • Enter "2021" as the Tax Period
    • Do not write anything for the Date Filed
  • Sign the form. If you file married filing jointly, both spouses must sign the form.

You will generally receive a response 6 weeks after we receive your request for a payment trace, but there may be delays due to limited staffing. 

 

 

RECEIVED 30% of my REFUND

Don’t berate me. I’ll NEVER is Turbo Tax again. 

RECEIVED 30% of my REFUND

I did not "berate" you ... I did not "scold" you I just asked you to take a moment to cool off.  Then I gave you clear concise information on the possible situation  you may have incurred  like thousands of others have happened to them.    This same info  has been distributed on this form thousands of times successfully. 

 

If this was not your  issue and you want to talk to someone on the phone about your particular situation please contact TT support tomorrow during regular business hours : 

https://support.turbotax.intuit.com/contact/ 

 

Also please feel free to use any income tax service or program that you like however be aware that 99% of the errors made in a DIY program are not made by the program but by the user so please be aware of all the questions being asked of you and the answers you give.   Maybe, if you qualify,  you could try  a free program  offered at the IRS Free File link:
https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free

 

 

RECEIVED 30% of my REFUND

Accepted means your return (tax filing) was received for processing.  It does not mean that the amount of your refund was Approved.  As you discovered, the IRS and/or State can change it.  And those refunds come separately, at different times.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies