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Get your taxes done using TurboTax
@Ramrod360 Short $1,000+ sounds like an offset or an adjustment. You had $40 to Santa Barbara bank plus the TurboTax fees would not add up to over $1,000. This means one of two things happened. Either the IRS did an:
- offset - you owed money and the IRS took yours or
- adjustment - your return was adjusted by the IRS, for example, claiming stimulus you actually received.
The IRS will send you a letter explaining what happened either way. For the offset, you can call the IRS at 800-304-3107, see Topic No. 203 Reduced Refund.
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March 26, 2021
11:20 AM