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After federal filed and return accepted on Mar 13, recent TurboTax 2020 update says i have more for refunds federal and state, what ?!
I Hello,
I've been using TurboTax, oh, for >25 years. This year 2020 seem to be, for what i can remember seem to be more finicky than any previous, eg. ESPP adjusted cost basis as an example.
Anyway, last week Mar 13, completed both federal and states, filed e-return for federal. Got notification saying federal has been accepted and i've been just waiting for refunds to be issued.
On Mar 13, the refunds shown by TurboTax 2020 were,
$5,786 (federal)/$572 (state)
With recent TurboTax 2020 updates in past few days, the refunds for the SAME returns are now saying,
$6,675 (federal)/$718 (state)
What ?!
I usually wait until close to Apr 15'th to file my returns, this year 2020 filing decided to go little sooner to see if i can get in for the 2020 covid stimulus check #3.
Anyway, what does this mean? Do i need to file amends?
This is very confusing, as in my ~25 years using TurboTax, never have i come across this scenario.
Anyone run into this sort of situation?
Thanks.