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Level 1
May 12, 2022
Question

Taxes wrong amount

  • May 12, 2022
  • 1 reply
  • 4 views

The amount that I got back from TPG PRODUCTS SBTPG LLC was about 1700 less than the amount on turbo tax that I was supposed to get back, I am pretty sure that my fees to turbo tax were not that amount. Is there anything I can do to get the rest of my refund? 

    1 reply

    Level 15
    May 12, 2022

    Does the IRS refund site show that they issued a refund for the amount you expected?   Or does it show that the IRS reduced your refund?   Is there any sort of message on the IRS site regarding your refund amount?

    **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.**
    Alumni - Champ
    May 12, 2022

    The IRS does not notify TT when it makes an adjustment and/or offset, but it may be due to the stimulus (Recovery Rebate) or Child Tax Credit.  Lots of taxpayers (not just TT customers) have been doing this wrong. You will be getting a letter in the mail from the IRS in 2-4 weeks.

     

    IRS revises further Frequently Asked Questions and Answers for 2021 Recovery Rebate Credit | Internal Revenue Service

     

    FS-2022-28, IRS updates Tax Year 2021/Filing Season 2022 Child Tax Credit Frequently Asked Questions, information to help taxpayers prepare their 2021 returns