topic Stimulus in Get your taxes done using TurboTax

Stimulus

nscott346 — Sat, 13 Feb 2021 16:41:20 GMT

Hello when I started off I was asked did I receive either of the stimulus payments put 0 for the first & $600 for the second so my refund was 1,200 I added two w-2 and it made my refund 1,378 why isn’t the 1,200 added to it ? Shows on line 30 that I filed 1,200

Re: Stimulus

DanaB27 — Sat, 13 Feb 2021 16:59:25 GMT

TurboTax shows the total refund which adjust as you enter information. Without the Recovery Rebate Credit your refund would have been $178 but because of the Recovery Rebate Credit your total refund is now $1,378. As you have said line 30 shows the credit of $1,200 therefore your other refund is $178.

Re: Stimulus

nscott346 — Sat, 13 Feb 2021 17:26:46 GMT

Wow so it is correct ? Then I must of did something wrong because my refund should be more my wages with both jobs was 27,888 I’m only getting a refund for the stimulus . .

Re: Stimulus

KathrynG3 — Sat, 13 Feb 2021 18:07:37 GMT

Your refund will depend on what was withheld throughout the year. Use this TurboTax Tax Bracket Estimator and compare this estimated tax with Box 2 on each of your W-2s. You should expect to have about an extra $178 from the total of both W-2 Box2's.

Otherwise, yes, you may want to revisit your return and see whether an update is required.