Discus120
Returning Member

After you file

My refund amount was $1,203.84 less than the amount shown on my return. Why?

I payed Turbotax with a credit card and not out of my return. And Why would the IRS have a different calculation than the ones applied through the turbotax software? According to Turbotax software I overpaid $10,125 and for some reason the program said I paid a penalty of $1.00. So my next question, why did I pay a penalty if I overpaid $10,125?