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Level 1
posted Mar 11, 2022 11:34:06 AM

Will my federal refund come in multiple payments? I got a deposit from the IRS into my credit karma spend account but not the full amount that turbo tax said i will get.

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3 Replies
Level 15
Mar 11, 2022 6:29:26 PM

 

See this info

Topic No. 203 Reduced Refund | Internal Revenue Service

Why is my direct-deposited refund or check lower than the amount in TurboTax?

Why is My Tax Refund Not What I Expected

 

The third Economic Impact Payment of $1400 per person was sent out in March of 2021. The IRS may be saying you got it and are asking for it again on you return.

 

 

Level 2
Mar 11, 2022 6:34:31 PM

They just started saying this as a response to everyone a few hours ago. No one buys it. A lot of us are missing thousands, yet the IRS says they kept no offset. And you report all the stimulus you got while filling and it calculates then. Turbo Tax is smellin nefarious. You really should go raise a stink on facebook: https://www.facebook.com/turbotax/

 

Level 1
Mar 14, 2022 10:22:34 AM

Turns out that if you make more than $75000 for your AGI, the rebate is pulled. I made $75,817… Just a couple more $100s into my 401k and I could’ve been a richer man this spring. Thanks for the help though. Nothing I can do.