I am not aware of any issue with TurboTax that would show you $1 refund, however, you can look at your 1040 to see if things are changing as you make changes.
To do this click the following:
- Tax Tools
- Tools
- View Tax Summary
- Preview My 1040
When looking at your 1040 pay close attention to the following lines:
- Line 1 is your income entered from your W-2's
- Line 15 is your taxable income. This consists of your total income minus your standard deduction which if you are single is $12,950.
- Line 16 is your Tax based on the number on line 15
- Line 25 is the amount of taxes your employer withheld from your wages. If your employer did not withhold enough, this would be the biggest reason you have to pay in.
- Line 37 is the amount you owe.
You can go back and forth when making changes to your return. It would be a good idea to write these numbers down as you change your entries.
One thing to note, depending on the type of income you deleted, if it was not taxable income, it would not make a change. But, if you re-enter it and look at the forms and see a change, then the forms are correct and its possible that it is just a refund button issue. The refund meter does not affect your return in any way, it is just for you to watch as you make changes. The forms are what are important.
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