You'll need to sign in or create an account to connect with an expert.
Accepted just means received for processing. It does not mean Approved, and the IRS can still change the amount of your refund. Wait for a letter from the IRS. It does not notify TT, but your Recovery Rebate Credit ($1200?) may have been adjusted.
If your IRS-issued tax refund comes in around $35 or $40 less than the amount shown in TurboTax, it's probably because you used the Refund Processing Service option to deduct your Turbo Tax fees from your federal tax refund. There's a separate processing fee for this service, which is deducted from your federal refund in addition to your TurboTax fees.
Other missing dollar amounts may be caused by a refund offset. This is when the government applies part or all of a taxpayer's refund towards the taxpayer's past-due income tax, child or spousal support, student loans, or state unemployment compensation debts.
If this happens, you should get a letter from the government explaining why you didn't get the entire refund. You can also get this information by looking up your refund at the IRS Where's My Refund page.
Finally, the government may have made a correction to your tax return, resulting in a lower (or higher!) than anticipated refund. Again, you'll get an official explanatory letter when this happens.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jmaheshwar1
New Member
sarah101327
New Member
cccosma
Returning Member
danelleh
New Member
prsstech1959
New Member