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Level 2
February 3, 2022
Question

refund why HELP

  • February 3, 2022
  • 1 reply
  • 0 views

I didn't pay withholding thru the year 2001. I am getting a refund of $1401.....why?

It can't be earned income credit. Could it be the 3rd stimulus check? Could it be from taking the standard deduction? I'll take the $1401.00, but, I don't want to have to pay it back later.

So what do you think? 

    1 reply

    KrisD15
    Level 15
    February 3, 2022

    It would be very difficult to determine without looking at your 1040. 

     

    You can look at your 1040 and see if it makes sense to you, if not you could ask while providing numbers such as your income, and filing status. 

     

     

    TO PREVIEW YOUR 1040 IN TURBOTAX ONLINE:

     

    Click "Tax Tools" on the LEFT SIDE BAR then click "Tools" which shows open below 

     

    Click "View Tax Summary" on the screen

     

    Click "Preview my 1040" which now appears on the LEFT SIDE BAR 

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    Level 15
    February 3, 2022

    Look at line 30 of your Form 1040.   If you see $1400 there ---it is the 3rd stimulus amount.

     

    PREVIEW 1040

     

    https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

    Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

    **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.**