If you receive a refund to which you're not entitled, or for an amount that's more than you expected, don't cash the check. For a direct deposit that was greater than expected, immediately contact the IRS at 800-829-1040 and your bank or financial institution. You may also check your entries to verify if all income, deduction, and credits were property entered. The federal refund and tax liability varies each year due to plenty of reasons.
- Your paid enough withholding on your income
- You contributed on a retirement plan such as 401K, 403B, and other qualified employer plan; if you did, have you maxed out your contributions.
- You missed some deductions.
- You dependent did not qualify for child tax credit and other credit
- Your filing status changed.
- Incorrect data entry.
