The tax caster showed a $2,400 difference than what i got why is there such a big difference
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New Member

The tax caster showed a $2,400 difference than what i got why is there such a big difference

 
4 Replies
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Level 14
Level 14

The tax caster showed a $2,400 difference than what i got why is there such a big difference

See my answer just posted for another user:

https://ttlc.intuit.com/replies/7077329

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***
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Level 14
Level 14

The tax caster showed a $2,400 difference than what i got why is there such a big difference

A TurboTax FAQ has now been published:
<a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/questions/4531198-taxcaster-doesn-t-match-turbotax">https://ttlc.intuit.com/...>
*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***
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New Member

The tax caster showed a $2,400 difference than what i got why is there such a big difference

Taxcaster also told me my return would be 2000$ higher than it actually was when I filed and it’s usually right on ..... idk what’s going on this year
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Level 3

The tax caster showed a $2,400 difference than what i got why is there such a big difference

I suggest to use the TaxCaster again and the amount shown should be closer. Developers fixed the issue as of January 25th, 2019. Is it possible that you filed your taxes prior January 25th, 2019? If so, then it is possible that you may have seen a difference in the TaxCaster refund amount and the actual refund received. 

FAQ link: https://ttlc.intuit.com/questions/4531198-resolved-taxcaster-didn-t-match-turbotax

Now, if you are is still having issues, it could come down to data entry. The easiest way for you to see if something was entered incorrectly is by comparing the little pop-up menu at the end of TaxCaster with the Tax Summary in TurboTax. (Image - Click on the button down arrow)

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