ThomasM125
Expert Alumni

Get your taxes done using TurboTax

@MM114 If it is an even $5,000, it may  represent an estimated tax payment that you made but was applied to 2021 tax year in error. Also, you may have made an error in calculating what your estimated tax payments were for 2020. In any case, you should have received a letter from the IRS explaining the discrepancy. If you contact them, they should be able to readily explain why your refund was less than what was listed on your tax return.

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