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After you file
If you are getting a lot more than you are expecting, then walk back through all of your entries. Pay special attention to your W2 taxes withheld on box 2,4 and 6. Also, look at any other forms that you entered taxes withheld.
If you have $0 entered for the 3rd stimulus, you will just need to go back to the Federal Review section and change your answer. However, this is only a $1,400 difference.
You can also look at your 1040 to figure out where the refund is coming from., line 28 will be the amount you are getting for the child tax credit. If you did not receive any advance payments.
Line 32 is your refundable credits which includes your Earned Income Credit, Child Tax Credit, Dependent Care Credit and a few other refundable credits from Schedule 3.
Line 33 of your 1040 are your total payments. This is NOT a refund amount, this is the sum of what you had withheld from your paychecks and all of your credits, some credits are refundable others are not.
Line 34 is the amount of your refund. This is how much you paid in, plus your credits minus your tax liability.
Looking at lines 16-34 should explain your refund amount. If there is something that doesn't look right, then you can go back to that section and change it.
You can see your 1040 using forms mode in TurboTax Desktop or if you are using TurboTax online by clicking the following:
- Tax Tools
- Tools
- View Tax Summary
- Preview My 1040
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